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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
Sarawak Plantation To Buy Land In Kalimantan To Expand Palm Oil Area
28/08/2007 (Bernama), KUALA LUMPUR - Newly-listed main board plantation company Sarawak Plantation Bhd plans to secure land in Kalimantan of between 30,000-50,000 hectares in the next three years in efforts to expand its palm oil acreage.
Felda buys US oleo chemical company
27/08/2007 (The Star Online), PUTRAJAYA - Felda is set to go global through its ventures in the international market in two areas it is most familiar with - palm oil and food.
Palm oil import expected to rise by 10pc: PVMA
25/08/2007 (Daily Times Pakistan), KARACHI - Pakistan’s demand for vegetable oils is expected to surge by as much as 10 percent in the new oil year but rising global prices may curb the size of imports.
IOI Has Biggest Jump in Two Months on Profit Surge
23/08/2007 (Bloomberg) - IOI Corp. shares had their biggest gain in two months after the world's largest palm oil producer said fiscal fourth-quarter profit more than doubled as the price of the commodity surged.
Hawaiian Electric to follow international palm oil standards
22/08/2007 (Associated Press), HONOLULU - Hawaiian Electric Company says it will buy biodiesel only from palm oil plantations that haven't displaced native forests and peoples.
Indonesia may subsidise cooking oil
22/08/2007 (Daily Times Pakistan), JAKARTA - Indonesia is considering subsidising cooking oil prices to make the vegetable oil affordable for the poor, Industry Minister Fahmi Idris said on Tuesday.
EIS may be needed for, could delay biodiesel plant
21/08/2007 (Maui News),HONOLULU – A Hawaiian Electric Co. plan to include construction of a $61 million biodiesel fuel refinery on Maui in Waena could be delayed if the company is required to do an environmental impact statement for the project.
Palm oil not a field of dreams for all Indonesians
21/08/2007 (REUTERS) - Palm oil prices might be going through the roof and making investors and businessmen rich, but the soaring prices have not improved the lot of pickers and locals working on the fringes of the industry.
Imports, rains to keep a lid on India\'s edible oil prices
21/08/2007, NEW DELHI (Reuters) - Edible oil prices in India should not rise sharply in the festival season that starts this month because of imports, timely monsoon rains and prospects of a good oilseed crop, industry officials said on Monday.