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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
FTA with Asean faces deadlock over tariff cuts
20/6/6 (Business Standard India) - Negotiations between India and Asean over the proposed Free Trade Agreement are deadlocked, with the latter now asking India to prune its list to just 60 items on which it will offer no tariff cuts. Asean has also rejected New Delhi's offer for a Tariff Rate Quota on palm oil, tea and pepper.
Brazil's Biodiesel Program May Have Found Its Way
21/6/6 ( Reuters) - SAO PAULO, Brazil - Less than a year ago, analysts were saying the Brazilian government's biodiesel program -- based on castorbean oil production to benefit poor family farms -- was a charitable thought but unviable.
Biodiesel plant cheer for Sabah
19/6/6 9The Star) - A British-Malaysian joint-venture will see the setting of a RM140mil biodiesel plant at the palm oil industrial cluster (POIC) in the Sabah east co-ast district of Lahad Datu.
Heart Association urges trans fats limit
20/6/6 (AP) - The American Heart Association has become the first big health group to urge a specific limit on trans fats in the diet - less than 1 percent of total calories - in new guidelines released Monday.
"Biofuels Investment & Trade -- Risks & Opportunities" to be Held in Malaysia
19/6/06 (Soyatech.com) - Driven by high conventional fuel prices and more strigent global fuel specs, key Asean countries - with India and China - are gearing up with incentives for biofuels investments. In Malaysia, there are plans to build 12 biodiesel plants with the first to be ready in 2007.
Unilever Patents Edible Oil Composition Suitable for Frying Food
21/6/2006 (Soyatech.com) - Abstract Edible oil composition comprising 33 wt.% or more shea olein and one or more oils chosen from the group of rapeseed oil, soybean oil, sunflower oil or any fraction of these oils or palm olein.
Opportunity can't slip away
13/6/06 (China Daily) - The Federal Land Development Authority (FELDA), the largest palm oil manufacturer in the world, has high hopes for China now that the nation has raised the quota for imports and showed a strong demand for the product in the first quarter.
Panay eyed for palm oil plantation
12/6/06 (Manila Bulletin) - Malaysian investors who have put up palm oil plantation in Bohol are eyeing more potential palm oil land in Panay Island - perhaps in Iloilo or Antique in an aim to fill up robust demand for palm oil locally and in the world market.
Fat is a consumer issue: KFC in dock over cooking oil
15/6/06 (Independent) - A US food safety organisation is suing Kentucky Fried Chicken for its use of a type of cooking oil that government scientists agree can be potentially damaging to consumers' health.
