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MARKET DEVELOPMENT
22-11-2006

Higher Domestic Output Cuts India's Edible Oil Imports By 12%

15/11/06 (RTTNews) - The import of edible oil into India went down by 12% in the oil year 2005-06, November-October, in view of higher domestic output, whereas the import non-edible vegetable oils grew sharply by 73%.

MARKET DEVELOPMENT
22-11-2006

Border Trading Centre In Sebatik Can Boost BIMP-EAGA Trade

NUNUKAN (KALIMANTAN), Nov 18 (Bernama) -- The currently slow intra-regional trade within the Brunei Indonesia Malaysia Philippines-East Asean Growth Area (BIMP-EAGA) could get a boost with the setting up of a border-trading centre in Sebatik Island, Tawau, says its state assemblyman.

MARKET DEVELOPMENT
13-11-2006

Record palm oil exports

11/11/06 (The Star) - PETALING JAYA: Malaysia's palm oil exports hit a new high in October as strong demand from Europe and the United States more than made up for slower sales to traditional markets like India and China.

MARKET DEVELOPMENT
13-11-2006

Lahad Datu palm oil cluster targets RM1b investments

8/11/06 (The Star) - KOTA KINABALU: The newly launched Lahad Datu Palm Oil Industrial Cluster (POIC) is expected to draw over RM1bil in investments in the next two years.

MARKET DEVELOPMENT
13-11-2006

Sime Darby To Increase Landbank For Oil Palm Plantation

KUALA LUMPUR, Nov 7 (Bernama) -- Conglomerate Sime Darby Bhd which is on the road of expansion, plans to increase its landbank for oil palm plantation by 2008, taking into view the continuous rise in crude oil price.

MARKET DEVELOPMENT
13-11-2006

Setback for plantation firms if EU bans palm oil based biodiesel

6/11/06 (The Edge Daily) - Plantation companies looking to tap into the biodiesel demand in the European Union (EU) could face a setback if the EU parliament's industry committee's call for a ban on palm oil-based biodiesel is passed.

MARKET DEVELOPMENT
13-11-2006

OPEC Fund to support development of Myanmar's edible oil sector

9/11/06 (SeedQuest) - Myanmar's edible oil crop sector will be developed over the next three years with technical assistance from FAO, supported by a loan of US$12.3 million from the OPEC Fund for International Development (OFID).

MARKET DEVELOPMENT
13-11-2006

Singapore's Wilmar says Q3 net up, sees higher profits

SINGAPORE, Nov 9 (Reuters) - Singapore-listed palm oil refiner Wilmar International Holdings said it has already sold half of its planned biodiesel production at firm prices from its three plants in Indonesia due to start operating next year.

MARKET DEVELOPMENT
13-11-2006

Sugar Bun's unit to receive RM33m for biodiesel services

8/11/06 (The Edge News) - Sugar Bun Corporation Bhd's wholly owned sub-subsidiary Borneo Energy Sdn Bhd will receive US$9 million (RM33.21 million) in service fee per annum from Thailand's biodiesel producer Suntech Palm Oil Co Ltd, for the provision of management and technical services.

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