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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
RM650 Million To Redevelop Coconut Industry
BAGAN DATOH, Feb 7 (Bernama) -- The Agriculture and Agro-based Industries Ministry has allocated RM650 million to redevelop the coconut industry, which has been badly affected as large tracts of land for the commodity were replaced by oil palm and rubber.
Biofuels Will Make China, India More Thirsty: Andy Mukherjee
8/2/07 (Bloomberg) -- If water were a globally traded commodity, with unmet demand in China and India reflected in its price, the world might shed its newfound craze for biofuels.
Sensitive items` imports up 11.7% in Apr-Dec
7/2/07 (Business Standard India) - Increase in imports of agricultural products like edible oil and foodgrain has led to a growth in imports of sensitive items by 11.7 per cent in April-December 2006 at Rs 12,959 crore, compared with Rs 14,472 crore in the same period of 2005.
Biodiesel set to blossom
6/2/07 (FT.com) - Biodiesel could be "this year's ethanol" in the view of Leigh Goering, portfolio manager for the natural resources fund at Chilton Investment Company.
European blowback for Asian biofuels
7/2/07 (Asia Times) JAKARTA - New European concerns about the adverse environmental impact associated with Southeast Asian-produced biofuels threatens to scupper the rapidly growing multibillion-dollar industry, just as big new production facilities and cultivation areas come onstream.
Illegal logging threatens endangered orangutans: UN by Karen Calabria
6/2/07 NAIROBI (AFP) - Illegal logging by international companies could lead to a 98 percent loss of South East Asia's tropical rainforests by 2022, threatening the habitat of tens of thousands of endangered orangutans, the United Nations warned.
SAD to offset excise duty gain on refined edible oil
8/2/07 (Economic Times) - MUMBAI: Rebutting a media report that imposition of excise duty on refined edible oils will help the exchequer garner Rs 700 crore annually, a trade body has said any gains accruing to the government would be offset by special additional duty (SAD) adjusted against excise.
Government Studies Oil Palm Restriction Plan
31/1/07 (TEMPO Interactive) Jakarta: The government has asked that the plan to increase levies or export restrictions on crude palm oil (CPO) be observed comprehensively.
Palm Oil Producers Reject Limited Exports
30/1/07 (TEMPO Interactive) Jakarta: A number of oil palm producers have acknowledged being concerned over the plan for limiting crude palm oil (CPO) exports.
