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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
Traders Upbeat on Palm Oil's Performance
26/2/06 (RedNova) - PALM oil traders are optimistic of the commodity's performance this year, putting the average price of crude palm oil (CPO) at RM1,500 a tonne against last year's RM1,394.
New US crop seeks to replace imported oils
1/3/06 CHARLESTON, South Carolina (Reuters) - A small North Carolina-based specialty crops company is trying to turn a humble wildflower into a major new oilseed crop that could produce an alternative to coconut and palm oils.
Cosmetics Industry Holds Largest Potential for Growth in U.S. Vitamin E Market
1/3/06 PALO ALTO, Calif. (soyatech.com) - Decreases in the production costs of vitamin E is a viable element to market growth. Competitors in this market are creating more efficient, less expensive production methods by consolidating manufacturing facilities.
UK Supermarket Giant Tesco to Build Biodiesel Plant with Cargill, Greenergy
1/3/06 (Financial Times UK) -Tesco will announce plans to build a factory to make diesel from home-grown crops.
La Nina likely, may push up CPO prices
25/2/06 (Business Times) - MALAYSIA'S crude palm oil (CPO) prices are expected to get an unexpected boost from a possible appearance by the La Nina phenomenon that could curb harvesting activities and output.
China may increase import of palm oil
25/2/06 (Business Times) -- CHINA, the world's largest consumer of vegetable oils, may import 14 per cent more palm oil this year to meet demand for processed foods, LMC International, a London-based researcher says.
Global palm oil prices likely to rise
2/3/06 HAMBURG (Reuters) - Wed: A below-average increase in global palm oil production, with strong consumption, is likely to raise prices in the near future, Hamburg-based oilseeds analysts Oil World said on Tuesday.
Malaysia to lose top palm oil status to Indonesia
26/2/06 KUALA LUMPUR (AFP) - Malaysia will likely lose its long-held status as the world's top palm oil producer to Indonesia within the next two years, according to a leading industry figure.
MPOPC In New Wave Of Promotional Efforts For Palm Oil
25/2/06 KUALA LUMPUR (Bernama) -- Overseas markets for palm oil and palm-based products have been developing well and this has prompted the Malaysian Palm Oil Promotion Council (MPOPC) to put in a new wave of promotional efforts.
