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Palm Oil Stakeholders Need To Navigate Market Dynamics To Ensure Continued Growth
CPO futures close lower amid concerns over B40 biodiesel implementation
CPO market to trade in yo-yo mode next week amid holiday, production concerns
MSPO 2.0: Experts see stronger global position for Malaysian palm oil
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.
More contracts seen for CBIP
22/10/2005 (The Star) - AmResearch Sdn Bhd has maintained a positiveoutlook on CB Industrial Product Holding Bhd (CBIP) due to its growthpotential over the next two years, firm standing in the palm oil millindustry and attractive valuation.
Off and running hard for the biofuel prize
22/10/05 (The Star) - Biofuel is being touted as the next big thing in anenergy-stingy world. Malaysia is jumping on the bandwagon with its palmoil derivative.THE country’s solution to rising fossil fuel prices, worsening airpollution and the depletion of its petroleum reserves is grown on trees -oil palm trees, that is.