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CPO prices to consolidate at RM4,000 to RM4,300
Mixed forecasts for palm oil at POC2026
CPO Futures Close Higher On Stronger Crude Oil Prices Amid US-Iran Conflict
Malaysia’s Kuantan-based Biodiesel Firm gets ISCC Nod: Bringing Biodiesel into Analyses in Abuja Meeting, June 2009
01/06/2009 (Developing8.org) - Biodiesel producer Mission Biotechnologies Sdn Bhd became the first Asian company to receive the International Sustainability and Carbon Certification (ISCC), thus securing export access into the European Union (EU). A subsidiary of Australia-based Mission NewEnergy Ltd, Mission Biotechnologies has invested about RM90mil to operate an 100,000-tonne per year biodiesel plant in Kuantan.
Vegetable oil industry: On slow recovery
01/06/2009 (The Economic Times, India) - It was a healthy 2007-08 for the vegetable oil industry, but the downturn in the following year caused due to a fall in consumer demand and high input prices, hurt financials. However, today, the industry can already smell the aroma of recovery this year with rising consumer demand and its increased thrust on branded and value-added space yielding positive results.
India\'s edible oil import reliance may increase 20%
27/05/2009 (Business Standard, India) - The country’s dependence on global edible oil market is likely to rise 20 per cent this year due to lower domestic output and rising consumption following a drastic price slump.
Health department to study trans fat in edible oil, to standardise levels
31/05/2009 (The Times Of India, India), Chennai - The state health department will study the levels of trans fat in edible oils in an attempt to standardise levels, as is done in Denmark, health secretary V K Subburaj said here on Saturday.
RI CPO competitiveness under threat
26/05/2009 (The Jakarta Post) - Despite Indonesia being the world’s largest producer of crude palm oil (CPO), its competitiveness in overseas markets is being eroded due in part to burdensome levies – both by central and local governments – and to poor infrastructure.
High Foreign Labour Cost Jeopordising Sabah\'s Palm Oil Industry
25/05/2009 (Bernama), Sandakan - The dependence on foreign labour has resulted in high operations cost for the country's palm oil industry, says Minister of Plantation Industries and Commodities Tan Sri Bernard Dompok.
A bailout plan for the coconut industry
25/05/2009 (Manila Standard Today) - Any stranger or first-time visitor to Laguna and Quezon will be instantly awed at the sight of endless rows of tall and lush coconut trees which dominate the landscape. But the thick tree cover all around seems to camouflage the acute ills that beset the coconut industry in these provinces and the entire country.
Sarawak Will Have Biggest Oil Palm Area Under Felcra By 2010
25/05/2009 (Bernama), Kuching - Felcra will develop another 11,000 hectares of land in Sarawak for oil palm cultivation by 2010, its chairman Datuk Tajuddin Abdul Rahman said here today.
No Plan To Reduce B5 Mandate
25/05/2009 (Bernama), Kuala Lumpur - There is no plan to reduce the current biodiesel mandate of five percent despite the high feedstock cost, Deputy Minister of Plantation Industries and Commodities, Datuk Hamzah Zainudin said today.
