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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
Indonesia Sets Crude Palm Export Tax At 18 Pct For April
23/03/2012 (Reuters) - Indonesia, the world's top palm oil producer, will increase its export tax for crude palm oil to 18 percent for April from 16.5 percent in March and leave its tax on cocoa beans unchanged at 5 percent for April, a trade ministry official said on Thursday.
VEGOILS-Palm Oil Drops To A Nine-Day Low On Renewed Global Economy Concerns
23/03/2012 (Reuters) - Malaysian palm oil futures dropped to their lowest in nine days on Thursday as China's factory activity fell, renewing concerns over global economic growth and commodity demand.
Oil Palm Biomass Center Malaysia Launched (Press Release)
23/03/2012 (PhysOrg.com) - In the Prime Ministers presence, the 18 CEO's, Vice Chancellors and other senior representatives of OPBC's industrial and academic partners signed a Memorandum of Understanding. Together they aim to bring available facilities, required capabilities and other resources efficiently in one organisation, sharing the risks and costs of developing and testing the required technologies.
Palm Oil Rebounds
23/03/2012 (Business Recorder) - Malaysian palm oil futures rebounded slightly on Wednesday, as an upbeat demand outlook for the edible oil offset earlier losses on the back of lower crude oil that was weighed by Saudi Arabia's supply pledge.
Palmolein Up Tad On Weak Rupee
23/03/2012 (Hindu Business Line) - Edible oils ruled steady despite absence of new demand on Thursday.
VEGOILS-Palm Oil Reverses Losses On Rosy Demand Outlook
22/03/2012 (Reuters) - Malaysian palm oil futures rebounded slightly on Wednesday, as an upbeat demand outlook for the edible oil offset earlier losses on the back of lower crude oil that was weighed by Saudi Arabia's supply pledge.
Astra Agro Sells 9,000 Tons of Palm Oil in Auction
22/03/2012 (Bloomberg) - PT Astra Agro Lestari, Indonesia’s biggest listed plantation company by market value, accepted bids for all of 9,000 tons of palm oil it offered at an auction in Jakarta.
Malaysia Looking To Exploit Its Own Palm Oil Biomass
22/03/2012 (Renewable Energy Magazine) - The Malaysian government has incorporated the Malaysian Biomass Initiative under the Global Science and Innovation Advisory Council to spur the development of the country’s palm oil biomass industry, which is currently underutilised for energy generation.
Growth Seen At 4%-5% Expansion of Private Consumption And Investment Projected To Soften
22/03/2012 (The Star) - The economy is projected to grow by 4% to 5% this year, with domestic demand remaining the anchor of growth as it has been over the past few years.