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Mixed forecasts for palm oil at POC2026
CPO prices to consolidate at RM4,000 to RM4,300
CPO FUTURES CLOSE LOWER ONSTRONGER RINGGIT, CONCERNS OVERWEAK DEMAND
Palm oil ends lower after MPOB’s data release
Over 45 pc dip in Nov-Jan vegoil imports
2/2/06 Mumbai (Business Line) - JANUARY saw a further decline in vegetable oil imports. According to preliminary data made available to Business Line by the industry portal Oilmandi.com, arrivals last month totalled 1.88 lakh tonnes comprising approximately 70,000 tonnes of crude degummed soyabean oil, 98,000 tonnes of crude palm oil and about 10,000 tonnes each of refined palmolein and crude sunflower oil.
Market outlook: Post-holiday rally, plantations surge
5/2/06 (The Edge Daily) - Investors returned from the long Chinese New Year holidays to a rousing rally on Feb 3 - despite the fact that many investors were still away for the long break.
Malaysia-Indonesia palm oil pact seen curbing price undercutting
4/2/2006 (Business Times) - THE proposed palm oil pact between Malaysia and Indonesia, the world's first and second largest producers respectively, will curb price undercutting and spur research and development (R&D) activities.
India's edible oil imports may fall
3/2/06 NEW DELHI (Reuters) - Thurs: Edible oil imports by India, the world's largest buyer, are likely to decline by 21 per cent in the first quarter of 2006 because of strong domestic supplies, a top industry official said today.
Attend Biofuels Markets Brussels!
With the European Directive targeting 5.75% biofuels usage by 2010 the industry is mobilising, biorefineries are being built and contracts draw up with feedstock suppliers across the region.
U.S., Malaysian Firms Start Joint Venture for Biodiesel Processing
30/1/2006 Business Times (Malaysia) - DXN Holdings Bhd has announced that its wholly-owned subsidiary, Future Nutri Sdn Bhd, is setting up a 50:50 joint-venture company with Green Diesel Corp from the US to venture into the biodiesel business.
Sarangani dangles 80T hectares to investors for oil palm use
2/2/06 (Sun Star) - THREE more towns in Sarangani province were identified as oil palm investment areas that could accommodate 80,000 hectares for the crop's cultivation.
Perlop settlers: Wild jumbos destroying our oil palm trees
1/2/06 (The Star) - About 100 settlers of Perlop Land Scheme in Sungai Siput are putting up with losses worth millions of ringgit after wild elephants destroyed some 50ha of their young oil palm trees.
Tariff value for soya oil down by USD 8, palm oil by USD 3
31/1/06 New Delhi, (New Kalara.com) - Government today reduced tariff value for crude soybean oil by eight dollar and crude palm oil by three dollar in its fortnightly revision for major edible oil imports.
