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Malaysian palm oil slightly up
CPO Futures End Higher Due To Production Concerns
CPO expected to trade higher in RM4,300-RM4,500 range next week
Indonesia to raise palm oil export levy
Palm oil may lose ground in Indian mart
10/2/06 (Reuters) - SOYAOIL from South America is set to upstage rival palm oil imports to India due to lower prices and customs duties, and analysts predict tough times for the traditional cooking medium.
Malaysia's Sabah State Aims To Be Palm Oil Hub
7/2/06 KUALA LUMPUR (Dow Jones)--The Malaysian state of Sabah has embarked on a 10-year plan aimed at transforming itself into the hub of the Asia's palm oil industry, encompassing everything from plantations to processing and logistics activities, said an official involved in the development.
Indonesia to Grow Oil Palm on Idle Land Along Kalimantan Border
7/2/06 JAKARTA, (Asia Pulse) - The government will grow oil palm on idle land in border areas of East Kalimantan, Agriculture Minister Anton Apriyantono said.
Perak wants to replace oil palms with rubber trees
8/2/067 IPOH (The Star) -The high rubber price has prompted Perak to consider replanting some of its oil palm acreage with rubber trees.
Malaysia Carotech Targets Pft Jump, New Mkts
7/2/06 KUALA LUMPUR (Dow Jones)--Malaysia's Carotech Bhd. (0076.KU) is targeting a steep rise in net profit as it expands capacity to meet growing global demand for specialty palm-oil extracted products.
Carotech building new palm oil facility
7/2/06 (Business Times) - BIOTECHNOLOGY and biodiesel firm Carotech Bhd will buy 13ha in Lumut, Perak, for RM9.7 million to boost its crude palm oil (CPO) production facility.
Malaysia's commodities exports set to touch RM65b
2/1/06 (Business Times) - THE commodities sector continued to shine last year, with export earnings expected to hit RM65 billion, exceeding the RM62.7 billion recorded in 2004.
INDONESIAN OFFICIAL SEES SLUMP IN GLOBAL CPO MARKET IN 2008
6/2/06 JAKARTA, (Asia Pulse) - A slump is expected to hit the global crude palm oil (CPO) market in 2008 when total production from Malaysia and Indonesia is estimated to reach 30 million tons, an Indonesian industry official said.
CPO Prices May Hit MYR1,600/MT In 2006 - Exec
6/2/06 KUALA LUMPUR (Dow Jones)--With global oil prices remaining high, palm oil prices are expected to move to a higher range in 2006 as the commodity stands to benefit from the expansion of the global biofuels industry, a Malaysian plantations industry executive said.
