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CPO price forecast to climb for rest of the year
CPO FUTURES HIT TWO-YEAR HIGH ON BULLISH SENTIMENT, STRONG EXPORTS
CPO price strength could dissipate through end-2024, says BMI
Positive growth for plantation sector, amid rising CPO prices
EU\'s stand on palm-biofuel to hit Asian plants
15/01/2008 (Reuters), Kuala Lumpur - The European Union's talk of toughening environment criteria for biofuels, including a clampdown on palm biodiesel, is another blow for Southeast Asia's struggling biodiesel business.
Stop on outflow of foodstuff
15/01/2008 (The Star Online), Johor Bahru - Foreigners shopping in Malaysia will soon be prohibited from taking controlled food items, such as cooking oil, sugar and flour, out of the country in a bid to help prevent shortages.
\'No\' to foreigners taking controlled foodstuff out of country
15/01/2008 (The Star Online), Johor Bharu - Foreigners who shop in Malaysia should be prohibited from taking foodstuff categorised as controlled items out of the country.
Ghee prices at utility stores half of market rates
18/01/2008 (The Daily Times, Pakistan), Islamabad - Large difference in prices of cooking oil and ghee at the utility stores and in open market shows the authorities’ inability to control prices and profiteering in town.
Stabilise edible oil prices
18/01/2008 (The New Nation, Bangladesh) - Prices of edible oil have been continuing an upward trend. This essential consumer item experienced 57 percent increase in price over the last year and almost 7 percent over the past one month. The situation in the edible oil market is such that retail prices show an upward trend when prices in the wholesale market decrease.
Neste Oil eyes Singapore for world’s largest renewable diesel plant
18/01/2008 (Biodiesel Magazine) - Neste Oil Corp., a Finland-based oil refiner-and biodiesel producer, marketer and distributor-intends to invest approximately $810 million in the construction of an 800,000-metric-ton renewable diesel production facility in Singapore. Once operational, the plant would be the largest renewable diesel facility in the world.
Cameroon: CDC Launches Operation More Palm Oil Productions
17/01/2008 (AllAfrican.com) - The General Manager of the Cameroon Development Corporation, CDC, on Friday, January 11, launched a giant five-year development project, the Boa Plain Oil Palm Development Project, BPOPDP.
Aust should follow EU biofuel lead
17/01/2008 (The Register, Australia) - Australia should act to introduce strict guidelines to ensure that biofuels sold or manufactured here, are not causing environmental problems elsewhere, a spokesperson for the Palm Oil Action Group said today.
Thailand to import palm oil amid shortage fears over biofuel
16/01/2008 (Forbes), Bangkok - Thailand will import 30,000 metric tons of palm oil over the next month to ease fears of a shortage due to its growing use in biofuels, commerce minister Krirk-Krai Jirapaet said Wednesday.