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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
ENERGY: Don\'t Write Off Biofuels Yet, Advocates Say
04/07/2008 (Inter Press Service), Tokyo - Japan wants countries to reconsider biofuels as an alternative technology to fight climate change by using fuel cell cars at the Group of Eight (G8) Summit on Jul. 4-7. The vehicles will transport the leaders of the world's major industrialised nations when they gather on the northern Japanese Island of Hokkaido.
India\'s Edible Oil Imports May Surge to Meet Domestic Shortfall
04/07/2008 (Bloomberg) - India may increase edible oil imports by more than 80 percent in the four months to October, straining global stockpiles, to meet a shortfall in domestic supplies and cool the fastest inflation in 13 years.
Brief relief for palm oil prices on swelling stocks
02/07/2008 (Barkery and Snacks.com) - Swelling domestic stocks for Malaysian palm oil, widely used by bakers, left crude palm oil futures closing lower on Monday, offering a slight relief for prices.
Palm rises as crude oil supports veg oils
02/07/2008 (The Economic Times), Kuala Lumpur - Malaysian crude palm oil futures rose 1.2 per cent on Wednesday as crude oil prices hovered near record levels, bolstering vegetable oil markets from China to the US. But slowing overseas demand last month weighed on palm oil, which is about 19.3 per cent off a record high of 4,486 ringgit per tonne.
China To Track Edible Oil Imports From Aug 1
02/07/2008 (Bernama), Beijing - China, the world's largest vegetable oil importer, will begin tracking imports of six edible oil commodities including soybeans and palm oil from Aug 1 to manage supplies as it battles inflation fuelled by rising food prices.
Tough first half for world markets
01/07/2008 (The Star Online), Petaling Jaya - The first half year was a tough one for stock investors and the bad news is that most people believe it won't get easier any time soon.
‘Indian entrepreneurs in Sri Lanka flouting spirit of FTA’
01/07/2008 (The Hindu Business Line), Mumbai - Some of the Free Trade Agreements (FTAs) the country has got into in recent years have resulted in unintended adverse consequences, primarily because of non-application of mind at the time of negotiations and signing of the agreement as also lackadaisical enforcement of rules subsequently.
Palm oil may correct lower
29/06/2008 (Sify.com) - Malaysian palm oil futures ended higher on Friday due to short-covering and higher crude oil prices. Oil leapt to a new record high near $142 a barrel on Friday. Crude oil and soya oil are supporting prices presently, but, lack of further demand from the leading consumers– China and India–is leading to an increase in stock piles. However, hopes remain high that during the festival season, India, China and West Asia would begin purchases in a big way.
India, Indonesia close to sorting differences in ASEAN FTA
29/06/2008 (PTI), New Delhi - India is believed to be working out a trade off with Indonesia on palm oil, the last hurdle to a Free Trade Agreement that New Delhi has been negotiating with ASEAN for several years.