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A delicate balance for biodiesel mandate
Malaysia's palm oil stocks seen to drop further to 2.24mil tonnes in April
CPO Futures Close Slightly Higher, Tracking Gains In Soybean Oil Prices
Supply tightening boosts value for Malaysian palm oil
India Makes Refined Palmolein Imports More Costly
20/07/2012 (Reuters) - India has lifted a six-year old freeze on the base import price of refined palmolein, Food Minister K.V. Thomas said on Thursday, a move that will make palm oil imports from Indonesia more costly and help protect domestic refiners.
CPO Price Rally Likely
20/07/2012 (The Star) - A crude palm oil (CPO) price rally is in the offing as rising weather risks, such as drought in major soybean growing areas in the US Midwest and a potential El Nino, set to play havoc on crop production, according to plantation analysts.
Speed Up Processing of Land Applications – Dompok
20/07/2012 (Borneo Post) - Plantation Industries and Commodities Minister Tan Sri Bernard Dompok Dompok requested the state government to speed up the processing of land applications and the issuance of titles to the people to enable them to participate in worthwhile programmes.
Tariff Value on Refined Palm Oil Imports Linked To Global Rate
20/07/2012 (Press Trust of India) - The government today decided to defreeze the import tariff value on refined palm oil and link it to the global prices, a move aimed at curbing higher import of refined cooking oil and protect the domestic industry.
Crude Palm Oil Market Looking To Take Support At 562.5
20/07/2012 (Forex Pros) - The crude palm oil trading range for the day is 556.7-576.9. The market is looking to take support at 562.5, and a break below could see a test of 556.7. Resistance is likely to be seen at 572.6 and a move above could see prices testing 576.9. In yesterday's trading session crude palm oil touched the low of 561 after opening at 569.2, and finally settled at 568.3.
Scientists Discover New Oil Palm Pest Detector
20/07/2012 (Deutsche Welle) - Palm oil is highly versatile. It can be used in foods and as biodiesel. But microbial diseases are a threat. British researchers say they have a new way to detect the pest.
Zero Open Burning To Be Implemented In Sarawak
20/07/2012 (Bernama) - Sarawak is targeting to implement the zero open burning policy by 2020 as part of it strategy to protect and preserve the environment, especially in preventing the haze problem.
US Shareholders Push for Improved Sustainability Practices
20/07/2012 (Business 2 Community) - Investors are looking more at ‘long-term performance,’ says Ceres president
Global Cues Buoy Edible Oils
20/07/2012 (Hindu Business Line) - Edible oils bounced back on Thursday, tracking the sharp rise in Malaysian palm oil futures and a bullish US soya oil.
