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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
Indonesia May End Cooking Oil, Soybean Subsidies
10/06/2008 (Flex News), Jakarta - Indonesia may scrap subsidies on local palm-based cooking oil and soybeans next year because global prices have eased and it has launched a scheme of cash handouts for the poor, the trade minister said on Tuesday.
Malaysia\'s Vitaoils plans JV; to invest $50 mn
10/06/2008 (Business Standard) - Malaysian edible oil major MM Vitaoils is scouting for a local partner here to enter Rs 20,000 crore palm oil market in India, where it plans to invest $50 million and to acquire a refinery.
Cheaper edible oils through ration shops soon in three states
10/06/2008 (Zee News), New Delhi - The Centre may start supplying edible oils through ration shops in at least three states -- Himachal Pradesh, Chhattisgarh and Tamil Nadu -- from this month, as part of its measures to give relief to the common man from rising prices.
NAFED to import 24,000 T veg oils
10/06/2008 (Reuters, India), New Delhi - A leading Indian farm co-operative has contracted to import 24,000 tonnes of vegetable oils and plans to buy 120,000 tonnes by March to help improve domestic supplies, its managing director said on Tuesday.
Govt urged to provide loans to solvent plant owners
10/06/2008 (The Post, Pakistan), Multan - All Pakistan Solvent Extractors Association (APSEA) has appealed to federal government and the governor State Bank to issue instructions to all the banks and financial institutions for providing finances to solvent plant owners for the procurement of oil-bearing seeds like sun-flower.
Indonesia, India to finalize economic agreement in August
09/06/2008 (The Jakarta Post) - Representatives from Indonesia and India will meet in India in August to finalize a negotiation on an economic partnership agreement, an ambassador says.
Rush for cooking oil
07/06/2008 (The Star Online), Miri - Panic buying of cooking oil has started in northern Sarawak following talk that the price of this essential commodity may increase by up to 50% today.
Palm oil rises on biofuel demand, soyaoil prices
10/06/2008 (Commodity Online), Kuala Lumpur - Higher demand for biofuel caused by crude oil prices and rally in prices of soyaoil helped Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives Bhd on Monday.
Oil palm companies to pay windfall tax from July 1
05/06/2008 (The Star Online), Petaling Jaya - The Government will impose windfall tax on oil palm companies starting July 1.
