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MARKET DEVELOPMENT  
  19-12-2005

China Palm Oil Imports Seen At 4-4.5 Mln MT

15/12/05 SHANGHAI (Dow Jones)--China's palm oil imports are expected to rise to 4-4.5 million tons per year in the next five years after the country eliminates its quota system from 2006, said the chief executive officer of the Malaysian Palm Oil Promotion Council.

MARKET DEVELOPMENT  
  19-12-2005

India keeping off Malaysian crude palm oil

12/05 (Business Line) - INDIA has not bought a single tonne of crude palm oil from Malaysia so far this month. This is despite Malaysia's palm oil month-on-month exports rising 9.6 per cent during December 1-10 period to 3.12 lakh tonnes (lt).

MARKET DEVELOPMENT  
  19-12-2005

Good prospects for biofuel?

17/12/05 The Star) - A year ago, palm oil-based biofuel was pie in the sky to most Malaysians. Probably the only people who seriously believed in its potential were researchers, policy-makers, and a handful of school science project participants.

MARKET DEVELOPMENT  
  19-12-2005

Indonesia Struggles To Catch Up With Malahysian CPO Output

16/15/05 Jakarta (Asia Puls) - Indonesia is finding it difficult to catch up with Malaysia in crude palm oil (CPO) production and in its export of the commodity to the European market.

MARKET DEVELOPMENT  
  19-12-2005

Malaysian firms well-positioned to be big time players

19/12/05 (The Star) - MALAYSIA is poised to be a significant global player in the production of biofuel, going forward.

MARKET DEVELOPMENT  
  19-12-2005

Malaysian edible oil firms to invest in Indian refining activities

14/12/05 (indianonline.com) - Malaysian edible oil majors are keen to invest in plantation and refining activities in India. Chief executive officer of Malaysian Palm Oil Promotion Council (MPOPC), said.

MARKET DEVELOPMENT  
  19-12-2005

Sabah Set To Become World's Premier Biodiesel Centre

15/12/05 (Bernama) - Kota Kinabalu: Sabah, the biggest palm oil producing state in Malaysia, is set to become the world's premier bio-diesel producing area with a 300,000 tonnes-per-year plant to be set up at the state's palm oil industrial cluster in Lahad Datu.

MARKET DEVELOPMENT  
  19-12-2005

Perak Gets Its First Biomass Industry Project Worth RM260 Mln

14/12/05 IPOH, (Bernama) -- A public listed company is expected to invest about RM260 million in what would be Perak's first biomass project that would see the production of oil palm based biomass.

MARKET DEVELOPMENT  
  19-12-2005

Plantation stocks have already factored in high CPO prices in 06

14/12/05 (The Edge Daily) - The strong performance of most plantation stocks has already taken into consideration the anticipation of higher palm oil prices in 2006, and analysts are now making a neutral call on this sector.

MARKET DEVELOPMENT  
  19-12-2005

WWF peeks into mysterious life of Borneo's pygmy elephants

16/12/05 (eurekalert.org) - Satellite technology allows glimpse into remote jungle habitat. The same satellite system used by the U.S. military to track vehicle convoys in Iraq is helping World Wildlife Fund shed light on the little-known world of pygmy elephants in Borneo.

MARKET DEVELOPMENT  
  19-12-2005

WTO Members Need To Compromise And Move From Dogmatic Positions

HONG KONG, Dec 17 (Bernama) -- The 150- member countries of the World Trade Organisation (WTO) should be prepared to compromise and move from dogmatic positions in order to meet the expectations of global economy stakeholders, said Minister of International Trade and Industry, Datuk Seri Rafidah Aziz.

MARKET DEVELOPMENT  
  19-12-2005

Johor To Establish Malaysia's First Biofuel Park

16/12/05 JOHOR BAHARU, (Bernama) -- The Johor State government, recognising the huge potential of the biofuel industry, will be setting aside a 400-hectare piece of land at the Tanjung Langsat Port in Pasir Gudang, to be developed as a Biofuel Park, the first such park in Malaysia, Menteri Besar Datuk Abdul Ghani Othman said.