|
CPO prices to consolidate at RM4,000 to RM4,300
Mixed forecasts for palm oil at POC2026
CPO FUTURES CLOSE LOWER ONSTRONGER RINGGIT, CONCERNS OVERWEAK DEMAND
Palm oil ends lower after MPOB’s data release
Neste Oil eyes Singapore for world’s largest renewable diesel plant
18/01/2008 (Biodiesel Magazine) - Neste Oil Corp., a Finland-based oil refiner-and biodiesel producer, marketer and distributor-intends to invest approximately $810 million in the construction of an 800,000-metric-ton renewable diesel production facility in Singapore. Once operational, the plant would be the largest renewable diesel facility in the world.
Cameroon: CDC Launches Operation More Palm Oil Productions
17/01/2008 (AllAfrican.com) - The General Manager of the Cameroon Development Corporation, CDC, on Friday, January 11, launched a giant five-year development project, the Boa Plain Oil Palm Development Project, BPOPDP.
Aust should follow EU biofuel lead
17/01/2008 (The Register, Australia) - Australia should act to introduce strict guidelines to ensure that biofuels sold or manufactured here, are not causing environmental problems elsewhere, a spokesperson for the Palm Oil Action Group said today.
Thailand to import palm oil amid shortage fears over biofuel
16/01/2008 (Forbes), Bangkok - Thailand will import 30,000 metric tons of palm oil over the next month to ease fears of a shortage due to its growing use in biofuels, commerce minister Krirk-Krai Jirapaet said Wednesday.
Biodiesel squeezes palm supply
15/01/2008 (The Bangkok Post) - Palm oil prices have jumped sharply in recent months, leading authorities to consider a ban on exports. Palm oil is a raw material for cooking oil, the food industry and as an alternative fuel.
Edible oil prices surge again
16/01/2008 (The Daily Times, Pakistan) - KARACHI: The local edible oil prices surged on higher import cost of crude palm oil which stood around $1,042 per tonne in the international market, after a new all time high world record prices a day earlier, the importers and millers said here on Tuesday.
Vegetable oil imports fall 25% in Dec \'07
15/01/2008 (The Economic Times), New Delhi - India’s vegetable oil imports dipped by 25% during December 2007, on better crushing and domestic availability of the commodity, the Solvent Extractors’ Association of India (SEA) said on Tuesday.
Palm oil price rises above RM3,400
15/01/2008 (The Star Online), Petaling Jaya - Crude palm oil (CPO) futures on Malaysia Derivatives Exchange hit a new record of above RM3,400 per tonne yesterday on supply concern amid surging world demand for food and biodiesel consumption.
Indonesia to switch 10 pct petroleum to biofuel
15/01/2008(ANTARA News), Jakarta - Indonesia plans to substitute around 10 percent of its fossil fuel transport consumption with biofuel products by 2010, a senior government official said on Monday.
