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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
Messy policies put vegetable oil industry in a fix
8/1/06 Mumbai , (Business Line) - THE country's burgeoning vegetable oil industry is in a fix with none in the Government willing to lend a sympathetic ear to their genuine woes.
High Cost of Oil Fuels the Quest for Biodiesel
9/1/06 Nairobi (allafrica.com) - The Government, concerned at the high cost of fossil fuel, is promoting the use of alternative energy. A ministry of Energy official says a policy that will support local production of power alcohol and biodiesel using molasses and vegetable-based derivatives is in the pipeline.
The untold story of revision in palm oil tariff by the Centre
6/1/06 Mumbai , (Business Line) - FORTNIGHTLY revision of tariff values on various imported vegetable oils has been going on for about six months now. A welcome and practical move, considering that the industry was continually howling against the protracted silence of the Union Government and claiming that tardy revision led to speculation in the market.
Abdullah To Visit Indonesia For Annual Consultation
11/1/06 KUALA LUMPUR, (Bernama) -- Prime Minister Datuk Seri Abdullah Ahmad Badawi will be in Indonesia on Thursday and Friday for the annual Malaysian-Indonesia consultation with President Susilo Bambang Yudhoyono, a Wisma Putra statement said Tuesday.
Energy expert says crops seen inefficient as biofuel
5/1/06 OXFORD (Reuters) - Waste products make a better biofuel than traditional British crops such as rapeseed and grain because of the energy it takes to grow them, a former chairman of Shell Trading and Transport said on Thursday.
Whose Forest?
Dec. 26, 2005 - Jan 2, 2006 issue - In Malaysia and Indonesia, palm oil is viewed as the "wonder oil." It's easy to see why: Malaysia's production of the oil has doubled over the last 20 years, while Indonesia's has tripled.
Brazil May Harvest 20% More Soybeans in 2006
4/1/06 (Financial Express) - Brazil, the world's second-biggest soybean producer and exporter, may harvest 20% more of the oilseed next year as more favourable weather promises to boost crop yields, a US agricultural attache said.
Palm Oil Industry Blamed for Abuse of Organ-Utans
2/1/06 (Rednova) - Endangered orang-utans in Indonesian Borneo are suffering routine physical abuse when they stray into palm oil plantations, say wildlife groups and campaigners in the region. Poor migrant workers, often encouraged by the offer of extra pay from rainforest loggers, trap the animals and beat them to death.
Tariff values on vegetable oils reduced
2/1/06 Chennai (Business Line) - THE Union Government on Monday cut the tariff values on vegetable oils by $3-24 but the industry termed it as a "small reduction".
