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A delicate balance for biodiesel mandate
Malaysia plans phased expansion of biodiesel programme, minister says
CPO Futures Close Slightly Higher, Tracking Gains In Soybean Oil Prices
Malaysia's palm oil stocks seen to drop further to 2.24mil tonnes in April
Golden Agri Scheme Gains Traction
21/09/2011 (Financial Times) - Flayed by environmentalists, denounced by animal lovers and abandoned by western consumer products groups, Indonesia’s Golden Agri-Resources ought to be on its knees. So why is the country’s biggest palm oil producer by sales achieving soaring sales and record profits?
Up Import Duty on Refined Palmolein To 16.5%: SEAI To Govt
21/09/2011 (Moneycontrol.com) - Complaining against Indonesia's move to raise the export duty on crude palm oil (CPO) to 16.5%, Indian vegetable oil manufacturers and traders today sought similar import duty on refined Palmolein (RBD).
Higher Compounds, Fines May Stop River Pollution – BORA
21/09/2011 (Borneo Post) - Higher compounds and fines may be more effective in stopping recalcitrant palm oil mills that continually flout environmental laws and release high levels of pollution into the rivers.
Indonesia Raises Palm Oil Export Tax To 16.5% For October
21/09/2011 (Bloomberg) - Indonesia raised the tax rate for crude palm oil exports for October to 16.5 percent from 15 percent this month and kept the duty for cocoa bean exports at 10 percent, Deddy Saleh, director general for foreign trade at the Trade Ministry, said by mobile-phone text message today.
Exim Bank Evaluates RM500m in \'Green\' Loans
21/09/2011 (The Sun Daily) - Export-Import Bank of Malaysia Bhd (Exim Bank) is evaluating loan applications close to RM500 million for green technology projects in sync with the government’s call for financial institutions to support such projects.
VEGOILS-Weaker Ringgit Currency Props up Palm Oil
21/09/2011 (Reuters) - Malaysian palm oil futures inched up on Tuesday as the weaker ringgit made the vegetable oil cheaper to process at time when exports could start rising again ahead of an Indian festival and a national holiday in China.
Palm Oil Fuelling Scramble for Land in Africa
20/09/2011 (The International News Magazine) - 20 September 2011 Palm oil is expected to be the world\'s most produced and internationally traded edible oil by 2012. At what price? As foreign investors descend on Africa to develop large-scale palm oil plantations, the survival of local people is being threatened. They are losing control of the land and water on which they depend for their food production and livelihoods.
Felda Global Ventures plans to sell palm oil to EU market
20/09/2011 (The Star) - Felda Global Ventures\' Holdings Sdn Bhd\'s (FGV) plans to penetrate the European Union with its palm oil products now that it has established a gateway into Europe via Turkey.
Aussie Committee Backs Down on Bill
20/09/2011 (The Star) - The Australian House of Representatives Economics Committee has put up a recommendation seeking not to proceed with the proposed Food Standards Amendment (Truth in Labelling Palm Oil) Bill 2011 in the country.
