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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
Palm oil maintains its price advantage over soybean oil, but only through the end of summer
Malaysian end of July palm oil stocks hit near two-year high
Indian Refiners for imposition of fixed duty on crude edible oil import
28/8 /2006 (Financial Express) Refiners have urged the government to impose a specific duty on import of the crude edible oil to bring down the prices of the essential in the local markets.
Burning palm oil fuels climate change
23/8/06 2006 (Friends of the Earth) - Proposals by RWE npower to run the Littlebrook power station in Kent on palm oil have been criticised by Friends of the Earth.
RM26bil target for oil palm
19/8/2006 (The Star) - FOR the oil palm sector, targets set for the IMP3 period (2006-2020) include achieving total investments of RM26.1bil, or RM1.7bil per year, largely in oleochemicals and biodiesel.
India Expects To Triple Palm Oil Imports By 2012
KUALA LUMPUR, Aug 18 (Bernama) -- India expects to triple its palm oil imports to about 10 million tonnes by 2012 to fuel its rapidly growing economy.
Fires destroy 1,000ha oil palm estates
18/8/06 (The Star) - KUCHING: Fires have destroyed more than 1,000ha of oil palm plantations in Samarahan, Sri Aman and Betong divisions in southern Sarawak, adding to the worsening haze enveloping the state.
Singapore Turns to Biodiesel to Fight Rising Fuel Costs
21/8/2006 (Reuters) SINGAPORE — Singaporean Kom Mam Sun ran his Nissan truck on biodiesel fuel for two years to test his business idea of turning used cooking oil from restaurants into fuel for vehicles.
Rotary Engineering to build biodiesel plant on Jurong Island
21/8/06 (Channel NewsAsia) SINGAPORE : Rotary Engineering has won a S$24 million contract from Germany's Peter Cremer to build a biodiesel process plant.
High CPO prices may stall national biodiesel plan
20/8/06 (The Edge News) - The government’s plan for the mandatory use of 5% palm oil content (biodiesel) in diesel by January 2007 may hit a snag if production of biodiesel becomes too expensive due to the rise of crude palm oil (CPO) prices, analysts said.
India cuts tariffs to jump-start SE Asian trade talks
20/8/06 (AFP) - KUALA LUMPUR: India has said it has offered concessions to restart stalled trade talks with Southeast Asia, slashing tariffs on imports of sensitive agriculture products such as palm oil, tea and pepper.