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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
Form partnerships for overseas palm oil ventures
24/4/07 (Business Times) - KARACHI: THE Government wants more partnerships among Malaysian palm oil players in their overseas venture that bring about mutual profits.
CPO seen topping RM2,000 for rest of 2007
23/4/07 (Business Times) - KARACHI: Crude palm oil (CPO) is expected to trade above RM2,000 per tonne for the rest of the year and if there is any crop failure throughout the world, it can rocket to as high as RM2,600 per tonne.
Yanmar to build R&D centre in Kota Kinabalu
21/4/07 (Business Times) - YANMAR Co Ltd has chosen Kota Kinabalu as the location for its first research and development centre outside Japan.
Felda sells stake in palm oil refinery to IFFCO Group
20/4/07 (Business Times) - KARACHI: Federal Land Development Authority (Felda) has sold half of its palm oil refinery in Port Klang for US$5 million (RM17.15 million) to a regional edible oils player, IFFCO Group.
Excuse for not setting up biodiesel factories
25/4/07 (NSTP) - Many biodiesel licensees are reluctant to set up factories while palm oil is enjoying a global boom.
Biodiesel may worsen global warming relative to petroleum diesel
23/4/07 (mongabay.com) - Biodiesel and petroleum diesel have similar environmental impact
Edible Oil Prices Mixed On Import Duty Cut
20/4/07 MUMBAI (Dow Jones)--Indian edible oil prices were mixed in the week to Friday over fears of a rise in imports after the government's decision to cut import duty on crude palm oil.
India's Vegetable Oil Imports May Fall as Rain Boosts Crops
24/4/07 (Bloomberg) -- India, the world's second-biggest vegetable oil buyer after China, may cut imports next year because monsoon rains are forecast to be sufficient to boost the domestic oilseed harvest.
Palm Oil Prices Rise as Stockpiles May Drop on Increased Demand
24/4/07 (Bloomberg) -- Palm oil futures in Malaysia, the world's largest producer of the commodity, gained on speculation that stockpiles will drop on rising demand from China and Europe.
