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Budget 2025 adjustments in export tax seen helping palm oil refining industry be more competitive
CPO FUTURES HIT TWO-YEAR HIGH ON BULLISH SENTIMENT, STRONG EXPORTS
CPO price forecast to climb for rest of the year
CPO price strength could dissipate through end-2024, says BMI
Palm oil up on soy oil, exports
25/5/07 (The News) - KUALA LUMPUR: Malaysian crude palm futures closed 2.2 percent higher on Friday, hitting a fresh near-nine-year high on a spike in rival soy oil and firm exports.
Indofood Agri buys oil palm firm for 1.05 billion dollars
27/5/07 SINGAPORE (AFP) - Indofood Agri Resources will buy Indonesian oil palm plantation firm London Sumatra for 1.59 billion Singapore dollars (1.05 billion US), the Singapore-listed firm said.
Crisis looms as world palm oil prices hit new high
26/5/07 (Business Recorder) KARACHI: A serious edible oil crisis is looming over the country as the world palm oil prices breached 850 dollar on Friday trading, setting a new world's all time high record. Senior trader said that the international palm oil prices registered an upsurge of 13 dollars per ton during an intra-day trade.
Tight supply and strong orders push CPO price higher
29/5/07 (The Star) - PETALING JAYA: The price of crude palm oil (CPO) continues to trail blaze.
Austria interested in investing in biofuel in Indonesia
25/5/07 Jakarta (ANTARA News) - Austria was interested in investing in a biofuel industry development, both from crude palm oil and jatropha curcas plants, according to a diplomat.
Biodiesel demand drives up soybean prices
28/5/07 (Bloomberg News) - CHICAGO: Soybeans rose to their highest price since 2004 on Friday, extending this month's rally, as production of crop-based fuels increased demand for vegetable oils while reducing supplies available for food production.
Food Before Fuel, Chinese Officials Insist
7/5/07 (EIU ) - The biofuel industry is becoming the problem child of Chinese economic minders. Having nurtured it for years, they now fear that the sector has grown too much and too fast, eating into the country's stockpiles of surplus corn and pushing up grain prices. Now, government leaders face the uncomfortable dilemma of having to choose between the country's green agenda and its national food security.
Soybean Output in China is Expected to Reach 15.6 Million Tons in 2007
11/5/07 DUBLIN, Ireland -- (BUSINESS WIRE) -- Research and Markets has announced the addition of China Grease Market Research, 2007 to their offering.
IOI Chief Fuels Talk of Bid for Asiatic Development Bhd
16/5/07 (BUSINESS TIMES) -- IOI Corp Bhd boss Tan Sri Lee Shin Cheng has fuelled market talk that he is after Genting Bhd's plantation unit, Asiatic Development Bhd, when he did not deny this yesterday.
