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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
OILWORLD EXPECTS RISE IN EXPORTERS' SOYOIL STOCK
22/11/05 HAMBURG, (Reuters) - Soyoil stocks in the main exporting countries the U.S., Argentina and Brazil are likely to reach 1,487,000 tonnes on December 31, 2005, up a hefty 351,000 tonnes on the year, Hamburg-based oilseeds analysts Oil World forecasts.
MALAYSIA IOI EYES GREEN ENERGY EXPENSION IN EUROPE
22/11/05 AMSTERDAM, (Reuters) - Leading Malaysian palm oil producer IOI Group is considering expanding in Europe's growing "green" energy market, its Dutch-based European arm Loders Croklaan said on Tuesday.
Russia set 15 pc import tax for packaged palm oil
Decree of Russian government, dated October 13 this year "About Approval of the Rates of Import Customs Duties for Palm Oil" has entered into force.
MPOB Introduces New Technologies For Use In Oil Palm Industry
SIBU, Nov 16 (Bernama) -- The Malaysian Palm Oil Board (MPOB) has launched more than 300 kinds of technologies for use in the country's oil palm industry.
Increased edible oil imports affecting farmers
20/11/05 MUMBAI (The Economic Times) - Increase in the imports of edible oils has started to show its effect on the farmers who are getting low realisation for their produce, industry experts said, warning that condition can worsen if it is not checked.
Polluting river: Oil palm firm fined RM25,000
18/11/05 Sandakan (The Edge Daily) - An oil palm company was slapped with a hefty RM25,000 fine by Sessions Court Judge Ismail Ibrahim Friday for flushing into the river effluent exceeding the permitted concentrate.
Asean Palm Fibre Venture To Take Off Once Leaders Endorse
17/11/05 KUALA LUMPUR, (Bernama) -- A palm fibre manufacturing venture looks set to take off once Asean leaders endorse the project when they converge for their annual summit here next month.
Malaysia to Switch to Bio-Diesel
16/11/05 KUALA LUMPUR, Malaysia (AP) - Malaysia will switch to bio-diesel next year - a year ahead of schedule - with government vehicles slated to start using the palm oil-laced fuel to cushion the impact of rising fuel prices, a news report said Wednesday.
Plantation stocks may take a pause
17/11/05 (The Star) - Plantation shares may consolidate in the short term after their recent price rally on Bursa Malaysia, commodity analysts say. But they add that whether that happens depends on the direction of crude palm oil (CPO) prices, as well as exports and stock levels over the next two months.