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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
Kasetsart, PTT and Toyota seek new source of biodiesel
14/7/06 (The Nation) - Toyota Group and PTT Plc will share research with Kasetsart University to find new raw material for biodiesel, focusing on jatropha oil.
Bursa not selling CPO settlement price licence to JADE
13/7/06 (The Star) - KUALA LUMPUR: Bursa Malaysia Bhd will not proceed to sell its crude palm oil (CPO) settlement price licence to Singapore-based Joint Asian Derivatives Exchange (JADE) as its proposal has not received approval from the relevant authorities.
Indonesia Says Needs US$22 Billion Investment in Biofuels
14/7/06 (Reuters) - JAKARTA - Indonesia needs 200 trillion rupiah (US$22 billion) of investment to develop more biofuels so it can cut subsidised oil-product consumption by 10 percent by 2010, the mines and energy minister said on Thursday.
U.S.-Malaysia Set For Round Two Of FTA Talks
WASHINGTON, July 15 (Bernama) -- The United States would like to see a "win-win" free trade agreement with Malaysia with both sides benefiting from an immediate duty-free status for much of its trade, Barbara Weisel, chief negotiator for the U.S., said here Friday.
World oilseeds output seen down
14/7/06 (Business Line) - World oilseed output in the upcoming 2006-07 season is projected at 386.65 million tonnes (mt), marginally lower than previous year's 389.59 mt, the US Department of Agriculture (USDA) said in its latest report on world agricultural supply and demand estimate
BioX environs project for palm oil mills
10/7/06 (The Star) - PLANTATION owners wanting to play a bigger role in preserving the environment can participate in BioX Group Asia's clean development mechanism (CDM) project, which helps contain methane gas released by palm oil mills.
Malaysia Weighs Palm Oil Share for Food, Energy
7/6/06 (Reuters) KUALA LUMPUR - Hunger for palm-based biofuel is growing so fast that Malaysia has decided to stop licensing new producers while industry works out how to divide up its raw material between the food and energy sectors.
Spot CPO poised to hit RM1,500 as demand surges
8/7/06 (The Star) - PETALING JAYA: The spot price of crude palm oil (CPO) is poised to hit the RM1,500-per-tonne mark "soon", given the potential surge in demand as more palm-based biodiesel plants are set to start operations late this year and in 2007.
Reduce pollution, oil palm operators told
7/7/06 (The Edge News) - Tawau: Assistant Tourism, Culture and Environment Minister Datuk Karim Bujang urged operators involved in the palm oil industry to formulate ways and means to reduce pollution to safeguard the environment.
