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MPOB Monthly Report Imminent: Malaysia's Palm Oil Stockpiles May Surge Past 2.6 Million Tonnes as Strong El Niño Fuels Distant-Month Supply Cut Expectations
CPO futures end mostly higher on soybean oil gains
Malaysian end of July palm oil stocks hit near two-year high
Palm oil maintains its price advantage over soybean oil, but only through the end of summer
CPO futures rally to above RM1,800
21/11/06 (The Star) - PETALING JAYA: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives rallied to close above the RM1,800 mark - the highest in about 2½ years - on speculative buying interest buoyed by higher soy bean prices on the Chicago Board of Trade and China market.
IJM to stamp mark in plantations
20/11/06 (The Star) - IJM Plantations Bhd is banking on its maiden venture in biodiesel as well as oil palm related operations in Indonesia and India to strengthen its foothold as a successful plantation player in the Asia-Pacific region.
India May Cut Negative List For Asean FTA
20/11/06 (RTTNews) - India has offered further pruning of its negative list of 560 items for Association of South East Nations on which there would be no duty cuts. This is aimed at early conclusion of the negotiations for a free trade agreement with the regional block.
Biofuel booming, but needs more support
21/11/06 (AP) - Biofuel production in Australia is booming but the fuel will require further government support to become a viable alternative to conventional fuels in the future, according to a study.
Bush Says Supports Indonesia Biofuel Initiatives
21/11/06 (Reuters) - BOGOR, Indonesia - The United States is "very supportive" of biofuel initiatives, President George Bush said on Monday during a visit to Indonesia, which is trying to develop that sector as it copes with growing energy demand.
Asean seeks more tariff cuts for free-trade pact
21/11/06 (The Times Of India) - NEW DELHI: Asean has demanded more duty concessions from India to sign a comprehensive economic cooperation agreement (CECA) - a free trade agreement covering goods, services and investment.
M'sia Can Become Global Player In Bioenergy Sector
HANOI, Nov 16 (Bernama) -- Malaysia can become a global player in the bioenergy industry if it continues its aggressive plan to develop palm oil into biodiesel.
India holds edible oil import prices steady
15/11/06 NEW DELHI (Reuters) - India, the world's leading importer of edible oils, on Wednesday left unchanged the base import prices of palm and soy oils to help keep inflation in check, a finance ministry official told Reuters.
Higher Domestic Output Cuts India's Edible Oil Imports By 12%
15/11/06 (RTTNews) - The import of edible oil into India went down by 12% in the oil year 2005-06, November-October, in view of higher domestic output, whereas the import non-edible vegetable oils grew sharply by 73%.
