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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 strength could dissipate through end-2024, says BMI
CPO price forecast to climb for rest of the year
Asian Biodiesel Producers Stand Better Chance In US Market With Partners
KUALA LUMPUR, Aug 16 (Bernama) -- Asian biodiesel producers may need to partner locally in order to penetrate the US market, said Chuckanut Capital Management Group Ltd senior director, Dr J. Greig.
HSBC Malaysia boost for palm oil sector
17/8/06 (Business Times) - ENCOURAGED by the current boom in palm oil, HSBC Bank Malaysia Bhd, the leading financial services provider for palm oil-related businesses in the country, aims to boost financing for the sector further.
Govt rolls back palm oil base price increases
15/8/06 MUMBAI (Reuters) - The government has rolled back the increases in base import prices for most palm products but kept the price of soybean oil unchanged.
Biofuel To Boost Palm Oil Prices
15/7/06 (AFP) -- Growing interest in biofuel is expected to boost the already buoyant price of palm oil, Malaysia's Plantation Industries and Commodities Minister Peter Chin said Aug. 14. Chin said that biofuel, which is derived from natural oils and plants such as coconuts and sugarcane, had created new demand for palm oil which is currently enjoying prices of 1,600 ringgit (US$436 ) per ton.
Govt raises palm, soybean oil base prices
14/7/06 NEW DELHI (Reuters) - The government raised base import prices of crude palm oil and soybean oil on Monday.
Pasir Gudang set to be palm biodiesel hub
16/8/06 (The Star) - PASIR GUDANG: The high-value oil palm-based industry has been identified as a key growth sector in the South Johor Economic Region development.
Malaysia Approves 52 Biodiesel Plants So Far
16/8/06 (Reuters) - PASIR GUDANG, Malaysia - Malaysia, the world's top producer of palm oil, has approved licences for 52 biodiesel plants with a combined capacity of more than 5 million tonnes each year, the prime minister said on Tuesday.
Palm oil imports decline significantly
KARACHI (August 11 2006): Palm oil and olien imports have declined significantly, almost 50 percent, during the last 25 days due to skyrocketing international prices and non-viability of trade, importers said on Thursday.
BNM's Murabahah To Use CPO As Underlying Transaction Tool
KUALA LUMPUR, Aug 14 (Bernama) -- Bank Negara Malaysia (BNM)'s Murabahah instrument will use crude palm oil (CPO) as the underlying transaction tool, said chief executive officer, Yusli Mohamed Yusoff.