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A delicate balance for biodiesel mandate
Can palm biodiesel provide quick relief for Malaysia amid Iran war?
Malaysia plans phased expansion of biodiesel programme, minister says
CPO Futures Close Slightly Higher, Tracking Gains In Soybean Oil Prices
Soyabean Tumbles on Production Estimates
16/03/2011 (Commodity Online) - NCDEX April soyabean futures fell sharply due to weak overseas market as higher production estimates of Brazil amid favorable weather condition for crop. Higher production estimates of China’s soyabean coupled with inflationary concern may decline demand of global oilseeds. Higher production estimates of India’s Rabi oilseeds are also in favour of the bears.
The EU’s Conservative and Cautious Approach
16/03/2011 (The Jakarta Post) - Chairman of the European Union (EU) Delegation for Relations with the countries of Southeast Asia and ASEAN, Dr. Werner Langen, was visiting Indonesia from Feb. 21-25, 2011.
Prices of Basic Commodities Starting to Stabilize, DTI Says
16/03/2011 (Manila Buletin) - From a seemingly endless price increases in the past two months, consumers are now assured of a respite as prices of basic goods are stabilizing including flour, cooking oil, milk and sugar.
Palm Oil Drops as Japan Quake Triggers Slump in Crude, Equities
15/03/2011 (Bloomberg) - Palm oil tumbled to the lowest level in more than three months on concern that Japan’s worst earthquake on record may slow global economic recovery, cooling demand for commodities.
Call to End EU Biofuel Perks
15/03/2011 (The Star Online) - Global environmental organisation Wetlands International has called for an end to incentives for biofuels in the European Union (EU).
Palm Oil Prices Fall After Japan Quake
15/03/2011 (The News International) - Malaysian palm oil futures reversed earlier gains on Monday, falling to a three and a half month low as investors sought safe-haven assets after last week’s earthquake in Japan, and easing unrest in the Middle Eastweighed on crude oil.
RM14 Million Subsidy for Oil Palm Replanting Scheme
15/03/2011 (The Borneo Post) - An initial allocation of about RM14 million had been approved by the federal government for subsidising oil palm planting scheme in the state.
Nigeria Can Generate N7.5b From Oil Palm Exports, Says RMRDC DG .
15/03/2011 (Nigerian Compass) - Oil palm exports have been described as another potential source of revenue for the country. It is believed that it could generate over $50m (about N7.5 billion) in foreign exchange yearly. This is at a time the Federal Government expressed commitment to the revival of the oil palm industry.
Government Price Controls and Hoarding Impact Thailand Food Shortages
15/03/2011 (Channel News Asia) - Thailand faces shortages of staples as the global cost of food skyrockets; the country faces shortages of cooking oil and sugar due to government price controls and hoarding.
