Berita Arkib

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.

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.

19/8/06 ISLAMABAD (Business Recorder) - : The Ministry of Industry and Production has recommended to the federal government that the rate of customs duty on RBD palm olien and palm oil should be reduced by Rs 4,000 per tonne to offset the impact of increase in prices in the domestic market, official sources told Business Recorder here on Friday.

16/8/06 (The Edge News) - QL Resources Bhd is venturing into Indonesia with a proposed partnership with local parties to develop an oil palm plantation on two parcels of land totalling 20,000ha in East Kalimantan.

KUALA LUMPUR, Aug 16 (Bernama) -- Asian biodiesel producers may need to partner locally in order to penetrate the US market, said Chuckanut Capital Management Group Ltd senior director, Dr J. Greig.

17/8/06 (Business Times) - ENCOURAGED by the current boom in palm oil, HSBC Bank Malaysia Bhd, the leading financial services provider for palm oil-related businesses in the country, aims to boost financing for the sector further.

15/8/06 MUMBAI (Reuters) - The government has rolled back the increases in base import prices for most palm products but kept the price of soybean oil unchanged.

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.

14/7/06 NEW DELHI (Reuters) - The government raised base import prices of crude palm oil and soybean oil on Monday.

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.

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.

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.