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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
Malaysian planters keen on Indon land
23/1/2006 (The Star) - MALAYSIAN plantation companies are still on an acquisition trail for land in Indonesia this year.
India could harvest bigger summer oilseed crop
22/1/2006 New Delhi (Daily Times) - India, the world's leading edible oil importer, is likely to harvest a bigger summer crop because of ample soil moisture and an increase in the area under oilseeds cultivation, an industry association said on Saturday.
Malaysian investors going into Indonesia
23/1/06 (The Star) - MALAYSIAN companies are expected to intensify their investments in Indonesia this year.
Concessions for development of POIC
20/1/06 Kota Kinabalu (Sabah Daily Express) - The Government is giving special concessions for the development of the palm oil industrial cluster (POIC) in Lahad Datu as investors' interest grows. Officials of POIC Sabah Sdn Bhd, the developer of the cluster, were told that requirements for the setting up of palm oil refineries within POIC Lahad Datu will be less restrictive. The details are being worked out.
Govt Gets Final Shipment Of Locomotives
21/1/06 PORT KLANG (Bernama) -- The government Saturday received the final shipment of 20 high-powered diesel locomotives from China which will help to boost Keretapi Tanah Melayu Bhd (KTM Bhd) freight services capacity by five-fold.
Malaysian Palm Oil Industry Likely To Expand This Year
17/1/06 CYBERJAYA, (Bernama) -- The Malaysian palm oil industry is likely to expand aggressively with the increasing demand for the commodity, particularly due to its usage for biodiesel, Plantation Industries and Commodities Minister Datuk Peter Chin Fah Kui said.
M'sian & Indon Business Councils' Pact To Boost Palm Oil
17/1/06 CYBERJAYA, (Bernama) -- The Malaysian Business Council and Indonesian Business Council have agreed to collaborate in both upstream and downstream activities of the commodity sector, giving a further boost to the palm oil industry of both countries.
No FED on ghee and cooking oil production
20/1/06 (Daiy Times) - SLAMABAD: The Central Board of Revenue (CBR) has announced that no federal excise duty (FED) is chargeable on the domestic production or manufacturing of ghee and cooking oil and other edible oil.
Chong to take up palm oil pollution with KL
19/1/06 Kota Kinabalu (Daily Express) - The State Cabinet has given Tourism, Culture and Environment Minister Tan Sri Chong Kah Kiat the green light to discuss with the Federal Government a proposal to ban palm oil mills from discharging effluents into rivers.
