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Malaysia's total palm oil stocks surge 24.54% to 3.51mil tonnes in Sept
CPO Futures Close Lower On Weaker Soybean Oil Prices
Palm oil under near-term pressure as rising stocks outweigh El Niño fears
Palm oil falls to 11-week low on weak exports, rising output
Biofuel To Boost Palm Oil Prices
15/7/06 (AFP) -- Growing interest in biofuel is expected to boost the already buoyant price of palm oil, Malaysia's Plantation Industries and Commodities Minister Peter Chin said Aug. 14. Chin said that biofuel, which is derived from natural oils and plants such as coconuts and sugarcane, had created new demand for palm oil which is currently enjoying prices of 1,600 ringgit (US$436 ) per ton.
Govt raises palm, soybean oil base prices
14/7/06 NEW DELHI (Reuters) - The government raised base import prices of crude palm oil and soybean oil on Monday.
Pasir Gudang set to be palm biodiesel hub
16/8/06 (The Star) - PASIR GUDANG: The high-value oil palm-based industry has been identified as a key growth sector in the South Johor Economic Region development.
Malaysia Approves 52 Biodiesel Plants So Far
16/8/06 (Reuters) - PASIR GUDANG, Malaysia - Malaysia, the world's top producer of palm oil, has approved licences for 52 biodiesel plants with a combined capacity of more than 5 million tonnes each year, the prime minister said on Tuesday.
Palm oil imports decline significantly
KARACHI (August 11 2006): Palm oil and olien imports have declined significantly, almost 50 percent, during the last 25 days due to skyrocketing international prices and non-viability of trade, importers said on Thursday.
BNM's Murabahah To Use CPO As Underlying Transaction Tool
KUALA LUMPUR, Aug 14 (Bernama) -- Bank Negara Malaysia (BNM)'s Murabahah instrument will use crude palm oil (CPO) as the underlying transaction tool, said chief executive officer, Yusli Mohamed Yusoff.
Narrower CPO-soybean prices
14/8/06 (The Star) - THE strengthening of the crude palm oil (CPO) prices has generated optimism that the commodity is fast narrowing the price differential gap with its major edible oil rival, soybean.
Asean Fibre Technology Conglomerate Gets More Participation
KUALA LUMPUR, Aug 14 (Bernama) -- A truly Asean venture in producing fibre from palm oil waste, combining the resources of Malaysia, Singapore and Thailand is fast gaining prominence as more firms not only signal their intent to join the bandwagon, but Australia has even opened its market for the finished products.
Customs duty on palm oils, palmolein cut by 10 pc
11/8/06 (PTI) New Delhi - The Government today cut customs duty on crude palmolein from 80 per cent to 70 per cent.
