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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
Govt Identifies Petronas To Channel Biofuel
KUALA LUMPUR, July 10 (Bernama) -- The Government has identified Petroliam Nasional Bhd (Petronas) to help channel Malaysia's first-of-its-kind biofuel, envo diesel, said Plantation, Industries and Commodities Ministry Secretary-General, Datuk Dr Michael Dosim Lunjew.
Negative list, FDI may throw India-ASEAN FTA off track
9/7/706 (The Economic Times) - NEW DELHI: The India-ASEAN free trade agreement (FTA), the largest trade pact negotiated by India so far, has run into trouble. Both sides have dug in their heels over key issues, which need to be resolved to kick-start the accord from January 1, '07.
KNM to expand into new industrial sectors
5/7/06 (Ther Edge News) - KNM Group Bhd is acquiring a 90% stake in Virgo Pulse Sdn Bhd group (VPSB), a maker of industrial boilers, for RM27.5 million cash in a strategic partnership deal that will allow it to expand into new industrial sectors such as power, palm oil and biomass.
Shell says biofuels from food crops "morally inappropriate"
6/7/06 SINGAPORE (Reuters) - Royal Dutch Shell, the world's top marketer of biofuels, considers using food crops to make biofuels "morally inappropriate" as long as there are people in the world who are starving, an executive said on Thursday.
SE Asian Nations Well Placed To Tap Into Biofuel Potentials
SINGAPORE, July 7 (Bernama) -- Southeast Asian countries are well-placed to tap into the biofuel potentials as they have rich biomass assets that can be turned into fuel, according to an expert on fuels technology.
Govt To Temporarily Stop Issuing Biodiesel Licence
30/6/06 (Bernama ) - THE Cabinet Committee on the Competitiveness of the Palm Oil Industry has decided for the Government to temporarily stop issuing new manufacturing licences for biodiesel production with immediate effect.
Indonesia to boost output of vegetable oils for biofuel
4/7/06 JAKARTA (Business Times) - Indonesia plans to boost output of palm oil, sugar cane and vegetable oils used in making biofuels that will help the nation reduce the use of petroleum products, Agriculture Minister Anton Apriyantono said in an interview.
India's imports of edible oils to drop
6/7/06 (Reuters) - NEW DELHI: Edible oil imports by India, the world's leading buyer, is set to drop by about half a million tonnes in the year ending October thanks to higher domestic availability, trade officials said yesterday.
Myanmar establishes first modern palm oil refinery plant
5/7/06 (Angolapress) YANGON - Myanmar has established its first modern palm oil refinery plant here to help meet local edible oil demand, the local Weekly Eleven News reported Wednesday.