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A delicate balance for biodiesel mandate
Can palm biodiesel provide quick relief for Malaysia amid Iran war?
Malaysia plans phased expansion of biodiesel programme, minister says
CPO Futures Close Slightly Higher, Tracking Gains In Soybean Oil Prices
The three branches of business
23/03/2009 (The Star Online) - IT IS often remarked that Malaysia retains a globally competitive position in the production of palm oil, a pivotal industry in the economy.
Malaysia\'s B5 scheme may use up 3pc of palm oil output
23/03/2009 (Business Times, Malaysia) - MALAYSIA is expected to consume 500,000 tonnes of palm oil, or 3 per cent, of national crude palm oil (CPO) production, when it fully implements blended biodiesel programme by early 2010, Plantation Industries and Commodities Minister Datuk Peter Chin Fah Kui said.
KL bourse higher in early trade
23/03/2009 (Business Times, Malaysia) - MALAYSIA shares were higher in early trading today on window-dressing ahead of the Umno General Assembly meeting in expectations of a rally, dealers said.
Why lift ban on importation of palm oil?
23/03/2009 (Business Day) - Malaysia, which for a long time was the leader in oil palm business in the world ( Indonesia is now the world leader), got its first seedlings from Nigeria . Malaysia knew long ago the potentials pal oil production had and therefore took the cultivation very seriously in an effort to boost its economy. Malaysia has over 3.2 million hectares of oil palm plantations, milling out nine million tons of palm oil with earnings up to $7 billion from its export. Malaysia has gone beyond fabrication of mills to the addition of value to the products by refining and fractionating oil in order to produce chemicals like the fatty acids, fatty alcohols and intermediates.
Will palm oil drive deforestation in the Amazon?
23/03/2009 (Mongabay.com) - Already a significant driver of tropical forest conversion across southeast Asia, oil palm expansion could emerge as threat to the Amazon rainforest due to a proposed change in Brazil's forest law, new infrastructure, and the influence of foreign companies in the region, according to researchers writing in the open-access journal Tropical Conservation Science.
India Scraps 20% Import Duty on Crude Soybean Oil
19/03/2009 (Bloomberg) - India, the world’s biggest buyer of vegetable oils after China, scrapped a 20 percent tax on imports of crude soybean oil to the bring duties on the commodity on par with palm oil, its main substitute.
Sinar Mas Defends Palm Oil Expansion
22/03/2009 (Jakarta Globe) - Sinar Mas Group, one of the country’s top palm oil growers, has denied accusations that its activities are damaging the environment and said it would stick to plans to expand its plantations.
IOI chairman sees palm oil averaging RM2,000
21/03/2009 (Business Times) - IOI Corp Bhd (1961), the world\'s third largest listed palm oil producer, said the price of crude palm oil (CPO) could rise 20 per cent due to falling domestic stockpiles.
Edible oils fall on increased supply, subdued demand
21/03/2009 (The Hindu), New Delhi - Barring a rise in palmolein and crude palm oil, select edible and non-edible oils lost in the national capital during the week ended on Saturday, on restricted buying in the face of adequate stocks positions.
