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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
Orang Utan vs Oil Palm
31/10/05 SINGAPORE (Bernama) -- Both sides of the divide in the Orang Utan versus oil palm plantation debate are set to meet in Kuching, Sarawak, end of next month in an international summit amid an intensified campaign against what is claimed as the destruction of Orang Utan habitats by oil palm plantations.
Research centre sought after for high yield oil palms
31/10/05 (The Star) - DESPITE its major role in breeding high oil yield palms for the IOI group, Gemencheh-based IOI Research Centre (IOI RC) is well sought after by many plantation companies keen on acquiring superior quality oil palm planting materials.
Singapore's First Biodiesel Plant
27/10/2005 (AP) - In a separate report from the one below, Channel News Asia was reporting yesterday that Archer Daniels Midland and Singapore's Wilmar Holdings (who have been longtime business partners) plan to site a 150,000 metric ton per year biodiesel plant on the same island that would house the Peter Cremer plant described below.
A Snapshot of Oilseed Demand
Global consumption of edible oils grew by a large 6m tonnes in 2004/05, stimulated by generally buoyant economic conditions and high demand for oils for fuel use.
Sudan IV dye found in various palm oil brands, UK
20/10/2005 (Medical News Today) - The illegal dye Sudan IV has beenfound in batches of Active Spiced Palm Oil, GhanaUK Trade Ventures ZomiPure Palm Oil and Rika Ventures Palm Oil. The Food Standards Agency hasissued a Food Alert for Action.
High margins trigger increase in soya oil imports
20/10/05 Mumbai , (Business Line) - Soyabean oil imports into thecountry have displayed a significant spurt this year with arrivalsincreasing by over 100 per cent from last year.
Cargill India Favours Global-Linked Price for Edib
20/10/05 NEW DELHI,(Asia Pulse) - Global Commodity trading major Cargillon Wednesday favoured an international-linked price mechanism for Indianedible oil imports in order to avoid unwanted price manipulation in thedomestic market.
CPO Refiners Struggling As Margins Remain Low
19/10/05 KUALA LUMPUR (Dow Jones) - Malaysian palm oil refiners remainunder pressure to diversify into new ventures as profits from traditionalbusinesses such as refining, plagued by decades-long overcapacity and weakmargins, are hardly improving, the head of one of Malaysia's oldestrefining companies said.
INDONESIA'S CRUDE PALM OIL EXPORTS RISE IN JAN-MAY
20/10/05 MEDAN, North Sumatra, (Asia Pulse) - Indonesia's exports of crudepalm oil and its processed products reached 3.940 million tons in theJanuary-May 2005 period, a businessman said.
