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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
Malaysia palm up
29/12/05 KUALA LUMPUR (Reuters) - Malaysian palm oil recovered early losses to settle firm by Thursday's midsession and dealers said they expected the market to end the year at above 1,400 ringgit in anticipation of a drawdown in stocks.
Exports up by 19 percent on higher global prices
4/1/06 (The Jakarta Post, Jakarta) - Driven by high prices of global oil, metals and crude palm oil (CPO), Indonesia's exports in the period January-November 2005 rose by almost 19 percent, as compared to the same period a year earlier.
Myanmar plans to become self-sufficient in edible oil
31/12/05 (Kyodo) - Myanmar is aiming to produce about 500,000 tons of palm oil annually by 2010 to meet domestic demand for edible oil, a local newspaper reported Saturday.
Palm oil can light up biofuel advantage
31/12/05 (NSTP) - WILL the lights go out in certain countries in about 50 years when the world's fossil fuel resources dry up and new reserves are not found?
New labeling targets trans fats
2/1/2006 WASHINGTON (Knight Ridder) - Beginning Sunday, new rules on food labeling are making it easier for consumers to avoid artery-clogging trans fats, which have been linked to an increased risk of heart disease.
One year trial of B5 fuel
2/1/06 MIRI (The Star) - Malaysia's pioneer biodiesel - the B5 fuel will be supplied free for the whole of this year to ministries and government agencies that volunteer to try it out.
Paper mill to create 400 jobs
29/12/05 (The Star) - About 400 jobs are expected to be created in Perak following plans by a public-listed company to build a RM260mil oil palm pulp and paper mill in Sitiawan next year
Incentive for Growers of Palm for Biodiesel
28/12/05 Thailand (Bangkok Post)--The Agriculture Ministry will soon seek cabinet approval for interest rate compensation to farmers who agree to grow palm as part of the biodiesel production campaign.
Kulim In RM152 Mln Biofuel Tie-Up With German Group
28/12/05 KUALA LUMPUR(Bernama) -- Diversified palm oil group, Kulim (Malaysia) Bhd, has teamed up with Germany's CremerOleo GmbH to set up two new plants to produce biofuels and other downstream speciality chemical derivatives.
