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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
Asian biodiesel plants sit idle as costs soar
14/01/2008 (Reuters) - For many of southeast Asia's struggling biofuel makers, the global debate over using crops for food or as transport fuel is irrelevant -- a surge in palm oil prices has brought the industry to a standstill.
Indonesia to switch 10 pct petroleum to biofuel
14/01/2008 (Reuters), Jakarta - Indonesia plans to substitute around 10 percent of its fossil fuel transport consumption with biofuel products by 2010, a senior government official said on Monday.
Indonesia seeks to nearly double biodiesel output
14/01/2008 (Reuters) - Indonesian palm oil-based biodiesel output is expected to nearly double to 1.3 million tonnes this year on expected strong demand in the overseas market, a senior industry official said on Monday.
Europe May Ban Imports of Some Biofuel Crops
14/01/2008 (The New York Times), Paris - In a sign of shifting attitudes toward biofuels, officials of the European Union are proposing to ban imports of certain fuel crops whose production could do more harm than good in fighting climate change, according to a draft law seen Monday.
Royal Society: UK gov needs to grow a biofuels policy
14/01/2008 (The Register) - The British government must set policies to ensure that the current drive towards biofuels does not make a bad situation even worse.
Biofuels \'are not a magic bullet\'
14/01/2008 (BBC News) - Biofuels may play a role in curbing climate change, says Britain's Royal Society, but may create environmental problems unless implemented with care.
Are We Too Dependent On Cooking With Oil?
14/01/2008 (Bernama), Kuala Lumpur - The recent scarcity of palm- based cooking oil in supermarkets had driven Malaysians into a frenzy of panic-buying and hoarding.
Cooking oil seized, hoarders warned
14/01/2008 (NST Online), Kuala Lumpur - Hoarders of cooking oil are being watched closely by the Consumer Affairs and Trade Ministry, which announced today that 12,825kg of cooking oil were seized since last week from 17 cases nationwide. The seizures were valued at RM37,707. Consumer Affairs and Trade deputy minister Datuk S. Veerasingam warned retailers against hoarding cooking oil on the hope that prices will rise.
Smuggling Of Cooking Oil In Fish Boxes Foiled
13/01/2008 (Bernama), Tumpat - The Anti- Smuggling Unit (UPP) has foiled an attempt to smuggle cooking oil in fish boxes to Thailand at the Malaysian Fisheries Development Authority (LKIM)'s jetty here.
