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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
India may stop palm oil import from Indonesia: ISEA
4/4/07 ( The Financial Express) JAKARTA, -India will cut back on its crude palm oil (CPO) imports from Indonesia, and may even switch to other vegetable oils if the island country exports its refined palm oil instead of its CPO.
Palm oil is not a failure as a biofuel
4/4/07 ( Mongabay.com) - The Associated Press (AP) recently quoted Marcel Silvius, a renowned climate expert at Wetlands International in the Netherlands, as saying palm oil is a failure as a biofuel.
'Land grab' sees 200 oil palm acres burnt
9/4/07 (Daily Express, Sabah) - Keningau: More than 200 acres of oil palm were destroyed in a fire believed started by an unknown person, here, last month.
Palm oil: the biofuel of the future driving an ecological disaster now
5/4/07 (Infoshop News) - The numbers are damning. Within 15 years 98% of the rainforests of Indonesia and Malaysia will be gone, little more than a footnote in history.
Palm oil doesn't have to be bad for the environment
5/4/07 (Checkbiotech.org) - As traditionally practiced in southeast Asia, oil palm cultivation is responsible for widespread deforestation that reduces biodiversity, degrades important ecological services, worsens climate change, and traps workers in inequitable conditions sometimes analogous to slavery.
Selling Biofuel to the Rich Is Just a New Phase of Brazil Colony
9/4/07 ( Brazzil.com) - Recent research on the impact of fossil fuels has contributed to making the subject of biofuels the order of the day.
Strong liquidity to fuel upside
2/4/07 (Business Tiness ) - DESPITE a mid-week scare sparked by concerns over the deteriorating US housing market situation and surging crude oil prices above the US$60-a-barrel mark, buyers returned by the end of the week to shore up global and Bursa Malaysia equities, enabling the benchmark Kuala Lumpur Composite Index (KLCI) to rise for a second week.
Global palm oil sales set to rise
28/3/07 (Business Times) - GOOD news for palm oil! A top palm oil industry official says global palm oil sales are set to rise due to the substantial reduction in soya oil production in the US.
Prospective Plantings Report: Corn Up 15%, Soybeans Down 11%
30/3/07 (Soyatech.com) National Agricultural Statistics Service -- USDA, Washington, D.C. - Corn growers intend to plant 90.5 million acres of corn for all purposes in 2007, up 15 percent from 2006 and 11 percent higher than 2005.