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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
Palm oil prices set to increase, Malaysian officials say
(Food Business Review.com) 20/4/06 - Malaysian officials have warned that prices of palm oil could increase by as much as 5% if demand in Europe continues to rise.
High Palm Oil Stocks Don't Reflect Real Demand
20/4/06 KUALA LUMPUR (Dow Jones)--The palm oil industry isn't concerned about a recent buildup in inventories, as it isn't an accurate reflection of demand, which is strong, a top Malaysian industry official said Thursday.
Demand for biodiesel expected to lift IOI net
23/4/05 ( International Herald Tribune) - KUALA LUMPUR IOI, Malaysia's largest oil-palm plantation company, said it will increase profit in the year ending June 2007 as stronger demand for biodiesel bolsters palm oil prices.
Palm oil price to climb higher on European demand
20/04/2006 (Food Navigator.com) - Malaysian palm oil prices are expected to edge up by 2-5 per cent in the near future on the back of growing demand in Europe for alternative fuels, suggests a report.
Guthrie to replant oil palm in three estates
22/4/06 KUALA TERENGGANU (The Star) -- Kumpulan Guthrie Bhd has chosen to replant oil palm in areas totalling 220ha in three of its estates.
Pertamina to sell biodiesel fuel
23/4/06 JAKARTA (Jakarta Post) - State-owned oil and gas company PT Pertamina will sell environmentally friendly biodiesel fuel beginning next month in a bid to reduce the use of fossil fuel in the country.
Indonesia Sees Bright Future for Biofuels
21/4/06 JAKARTA (Reuters) - Indonesia, the world's second-largest palm oil producer, is ready to meet the growing attraction of environmentally friendly biofuels, a senior industry official said on Thursday.
Edible oils refiner Pan Century may be up for sale
22/4/06 (Business Times) - PAN Century Edible Oils Sdn Bhd, one of Malaysia's largest and oldest edible oils refiner, may be up for sale at between US$90 million and US$120 million (RM329 million and RM439 million).
Palm oil price likely to go up to RM1,550
19//4/06 SINGAPORE (Reuters) - Malaysian palm oil prices will likely rise to between RM1,500 and RM1,550 a tonne in the near term from RM1,470 as European demand for alternative fuels grows with the rise in crude oil prices, a top industry official said on Tuesday
