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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
Govt imports 2.60 lakh tn edible oil
02/08/2008 (The Financial Express) - Though its much-publicised cheap edible oil sale has already been launched, the central government has managed to import just around 2,60,000 tonne of edible oils till July, against a total requirement of 10 lakh tonne.
Uganda: Palm Project Gives Kalangala Sh2 Billion Road Equipment
30/07/2008 (AllAfrica.com) - District leaders have rallied support for Government's palm oil tree-growing project. The district chairperson, Dan Kikola, said the palmoil project had contributed to development in the island district.
Drop in palm oil prices prompts millers to stop buying commodity
31/07/2008 (The Star Online), Muar - The drop in palm oil prices for August has prompted several millers here to stop buying oil palm fruits from smallholders for two days.
Selangor-based Sawit Raya invests in RM50mil palm oil refinery in Lahat Datu
30/07/2008 (NST Online) - SELANGOR-based Sawit Raya Oil (Sabah) Sdn Bhd will invest RM50 million in the construction of a palm oil refinery in the state-run Palm Oil Industrial Cluster in Lahad Datu.
Kim Loong bullish despite price downtrend
31/07/2008 (The Star Online), Petaling Jaya - Kim Loong Resources Bhd is optimistic that the current downtrend in crude palm oil (CPO) prices will not hurt its profit for the financial year ending Jan 31 (FY09).
Papuans to enjoy spoils of Indonesia’s oil palm boom, says govt
29/07/2008 (Radio New Zealand International) - Indonesia’s Department of Agriculture says its serious about ensuring Papuans have a fair share of the prosperity from oil palm development in the region.
Govt to supply subsidised palm oil at Rs 45/l to states
30/07/2008 (The Economic Times), Hyderabad - With elections just a winter away, the Centre has decided to supply 25 lakh tonne of palm oil at Rs 45 per litre to over a dozen states in the country. The market price of palm oil is around Rs 65 per litre at present. The Centre will have to fork out a subsidy of Rs 1,500 crore annually for this scheme.
CPO Prices Not Expected To Decline Drastically, Says Peter Chin
29/07/2008 (Bernama) - Crude palm oil prices are not expected to decline drastically as global demand for vegetable oils continues to exceed supply, Minister of Plantation Industries and Commodities Datuk Peter Chin Fah Kui, said here Tuesday.
Palm oil climbs on stronger soyoil
29/07/2008 (Daily Times), Kuala Lumpur - Malaysian crude palm oil futures rebounded on Monday, tracking soyoil’s rise, but further gains would likely depend on the strength of crude oil prices.
