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Budget 2025 adjustments in export tax seen helping palm oil refining industry be more competitive
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
Indonesia palm oil sales seen up in 2008 - official
24/09/2007 (Reuters), India - Indonesia is expected to export 14 million tonnes of palm oils in 2008, up from this year's estimated 13 million tonnes, and record a further rise in overall output, a leading trade official said.
How green is palm oil?
24/09/2007 (The Jakarta Post) - Environmentalists and palm-oil producers are increasingly at odds. Greens groups say palm oil is driving the conversion of tens of thousands of hectares of peatlands and lowland forest in Indonesia, putting wildlife at risk, increasing the vulnerability of forests to fires, and triggering large emissions of greenhouse gases.
Brunei wants India to cut oil duties
25/09/2007 (The Economic Times), NEW DELHI - Brunei Darussalam, part of the 10-member Asean group, has demanded that India should cut import duties on oil and natural gas as part of the proposed India-Asean free trade agreement (FTA).
Edible oil prices set to climb, expert says
24/09/2007 (Commodity Online), PANAJI - Edible oil prices will go up further due to reports of lower oil seed production, says industry expert Thomas Mielke, editor of the Oil World publication.
Indonesian govt removes VAT on non-branded cooking oil
25/09/2007 (AFX News Limited), JAKARTA - The Indonesian government removed the 10 percent value-added tax on non-branded cooking oil Monday, an official said.
Palm oil may reach 3,000 ringgit soon - Mistry
23/09/2007 (Reuters), India - Global palm oil prices may reach 2,600-3,000 ringgit per tonne shortly as demand is likely to surpass supplies and rival soyoil is also expected to rise sharply, a top industry analyst said on Sunday.
Oilseed output may fall by 13 mln tonnes - expert
23/09/2007, India (Reuters) - Global oilseed output is expected to fall by 13 million tonnes to 391 million tonnes in the year to October 2008 from the year before, a top industry analyst said on Sunday, which may lift edible oil prices.
India to buy 6 mln T edible oils in 2008 - Mistry
22/09/2007 (Reuters), India - India will buy 6 million tonnes of edible oils in the year to October 2008, more than a downwardly revised forecast of 5.5 million tonnes this year, a top industry analyst said on Saturday.
India\'s Vegetable Oil Imports May Rise, Boosting Palm Oil Price
22/09/2007 (Bloomberg) - India, the world's second-biggest buyer of vegetable oils, may import more of the commodity as some farmers lower acreage for mustard and other oilseeds to grow more wheat.
