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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
Edible oils recover on festive buying
09/09/2007 (The Economic Times), NEW DELHI - Edible oil prices firmed up in the oils and oilseeds market during the week under review on revival of buying by vanaspati millers ahead of the festive season. On the other hand, some non-edible oils quoted higher on increased industrial demand and settled with gains.
Fuji Oil, J-Oil Mills Agree to Form Alliance
07/09/2007 (Jiji Press), Tokyo - Major Japanese cooking oil makers Fuji Oil Co. and J-Oil Mills Inc. said Friday they have agreed to form a capital and business alliance.
India may retain top slot in vegetable oil imports
05/09/2007 ( The Economics Times), MUMBAI - India is expected to continue as the largest importer of vegetable oil for at least the next 10 years, owing to slow growth of domestic output as compared to the demand, a top industry official said.
BIOFUEL NEWS: Towards a truce; environmentalists should use palm oil as a lever for conservation
04/09/2007 (Checkbiotech.org) - The growing popularity of palm oil has been condemned by some conservationists from the West who see rainforest being given over to palms in Malaysia and Indonesia, with an appreciable loss in biodiversity. The push to plant more trees is easy to explain: palm oil is by far the most productive oil and energy crop and brings nearly instant profits to millions of small farmers and estates alike. Palm oil is one of the few sectors that bring social and economic development to poor communities in a straightforward way.
Malaysia palm gains 1.7% on firm soyoil
4/09/2007 (Reuters), KUALA LUMPUR - Malaysian crude palm oil futures rose 1.7 percent in light trade on Monday as firmer prices of rival soybean oil and strong exports unveiled by a cargo surveyor revived some bullish sentiment.
Palm biodiesel investments still viable?
03/09/2007 (The Star Online) - AN Inconvenient Truth by Al Gore is a timely reminder of our fragile ecosystem and the effect of global warming on everyday lives.
The other oil crisis
03/09/2009 (Business Standard), New Delhi - Edible oil imports are expected to surge 10 per cent in the new oil year that begins in November, despite the expectations of higher domestic output this kharif. This is a matter of concern, as the imports will be required at a time when global edible oil prices are on the upswing due largely to their diversion to bio-fuel production. The projected scale of imports will also take total Indian imports beyond 5.2 million tonnes, from 4.7 million tonnes this year, as a result of which global markets are likely to stay bullish on prices. The import bill is expected to swell to a whopping Rs 15,000 crore, and may end up being even bigger if prices scale new highs, as some analysts fear.
Glenealy to expand oil palm business in Sarawak
31-08-2007 (The Edge Daily) - KUALA LUMPUR: Glenealy Plantations (Malaya) Bhd is set to expand its oil palm plantation business in Sarawak with the proposed sub-licensing of a 21,123ha oil palm compartment in Bintulu and 40,684ha tree plantation compartment in Bintulu and Kapit for RM19.2 million and RM21.6 million respectively.
Ethanol fuels the United States presidential candidates
1/09/2007 (The Point, Edition 276/1) - Do not expect to hear much talk about farming from the presidential candidates who regularly tour Iowa, which traditionally holds the earliest primaiy contest and is one of the country’s premier agriculture states.
