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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
Malaysian Palm Oil Import Scam Haunts Kerala CM Even After 20 Yrs
10/08/2011 (Commodity Online) - In one of the most protracted legal battles in the state of Kerala in South India, palmolein or palm oil import scam is haunting State Chief Minister (CM) Ommen Chandy which took him to the verge of quitting the post.
China Buying To Perk Up Palm Oil and Soybean Trade
10/08/2011 (Agrimoney.com) - Oil World provided a ray of hope for prices of palm oil and soybeans even as they set multi-month lows, holding out the prospect of a rebound in Chinese buying.
GoodHope Asia to Start Plantation for Palm Oil in Cameroon
10/08/2011 (Bloomberg) - GoodHope Asia Holdings Ltd., a Singapore based palm-oil processing company, plans to start a $200 million project in Cameroon, including a 50-hectare (124- acre) plantation, it said in a statement.
CPO Price Drops Further
10/08/2011 (The STar) - Crude palm oil (CPO) futures resumed its downtrend yesterday to close below RM3,000 per tonne amid weak external factors, such as the US credit-rating downgrade and the debt crisis in European countries.
MCX CPO Declines on Short Selling
10/08/2011 (Commodity Online) - Crude Palm Oil futures declined today tracking global markets and on active selling by the traders.
Commodities Stable, Despite Stormy Climate
10/08/2011 (Myanmar Times) - Commodity prices have remained largely stable since April, despite the shift to democratic government, large fluctuations in the value of the US dollar and a lift in government pensions, traders said recently.
Ethiopian Food Prices Up Nearly 50%
10/08/2011 (Voice of America) - Ethiopians awoke Tuesday to news that food prices had increased nearly 50 percent over the past year. They didn’t need to be told. Even middle-class Ethiopians are finding it more difficult to feed their families.
Demand Upsurge for Green Chemicals Energises the Southeast Asian Green Feedstock Market Finds Frost & Sullivan
10/08/2011 (Newswire PR) - Amid growing global concerns over depleting fossil resources and rising fuel emissions, the Southeast Asian green feedstock market is picking up steam. Emerging new products based on environment-friendly feedstock are widening the scope for the green feedstock market. Green chemicals are gaining traction worldwide, especially in Europe and North America. Southeast Asia has an abundance of renewable raw material for the production of biodiesel and bioethanol, which are exported to other countries.
Oil Palm Plantation Owners Praise Department’s Proactive Move
10/08/2011 (The Star) - The Sarawak Oil Palm Plantation Owners Association (Soppoa) is happy with the state Immigration Department “for being very cooperative†during the Legal Foreign Workers Biometric Registration Programme.
