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Mixed forecasts for palm oil at POC2026
CPO prices to consolidate at RM4,000 to RM4,300
CPO FUTURES CLOSE LOWER ONSTRONGER RINGGIT, CONCERNS OVERWEAK DEMAND
Palm oil ends lower after MPOB’s data release
Brazil Soy Industry Prepares for Biodiesel War with Argentina
Mar 23, 2007(Dow Jones) - SAO PAULO and BUENOS AIRES - Brazil's major soyoil producers are preparing for a fight against Argentina over the biodiesel market, hoping Brasilia can convince Buenos Aires that Argentine tax policies are bad for Brazil's biodiesel program.
Scientists Look at How to Make the U.S. Less Energy-Dependent
23/3/07 (soyatech.com) Orlando -Scientists and researchers are grappling for more breakthroughs before ethanol, biodiesel and other fuels of the future are produced in large enough quantities at prices low enough to revolutionize the country's energy independence, specialists in the field said Thursday in Orlando.
Palm Oil Little Changed After Rising on Alternative Fuel Demand
21/3/07 (Bloomberg) -- Palm oil futures were little changed after rising in the previous two sessions on concern higher demand for vegetable oils for fuel use is cutting into supplies.
Pure Biofuels Announces Plans for Land Lease of 60 Thousand Hectares for Palm Oil Cultivation
21/3/07 LOS ANGELES--(BUSINESS WIRE)--Pure Biofuels (OTCBB:PBOF - News) today announced its plans to lease 60,000 hectares near the city of Pucallpa in central Peru for the cultivation of Palm Oil to provide feedstock for its Callao Port biodiesel production facility on the coast near Lima.
Strong RM, export slump to affect palm oil
23/3/07 (Insider Asia) - Palm oil statistics released over the past week show continued weakness in export demand, as high prices deter buyers. With crude oil prices back below US$60 (RM208.16) per barrel and the ringgit surging to a new 9.5-year high of RM3.464 per USD, we expect palm oil prices to come under pressure with its competitiveness being eroded further.
Lahad Datu Seen As 'Rotterdam Of The East'
22/3/07 KOTA KINABALU (Bernama) -- A Netherlands team is here to help develop Lahad Datu into "the Rotterdam of the East," becoming the gateway for the Brunei-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA).
Bio-diesel plant to be set up using nuts instead of palm oil
22/3/07 ( Junalo, Germany) - A joint venture using nuts as a greener alternative to palm oil as a transport fuel is setting up two plants in Singapore, participants said in published report Thursday.Van Der Horst Bio-Diesel (VDH) and the Institute of Environmental Science and Engineering are focusing on the Jatropha curcas nut.
Oils, fats producers told to join forces to save costs
23/3/07 (Business Times) - OILS and fats producers need to work collectively to overcome potential shortages and create synergy that can have a favourable impact on their production costs, said Malaysian Palm Oil Council (MPOC) chief executive officer Tan Sri Yusof Basiron.
'Free Trade' Descends on Biofuel Arena
21/3/07 (Green Option) - Under a memo of understanding signed earlier in the day by U.S. Secretary of State Condoleezza Rice and Brazil Foreign Minister Celso Amorim, the two nations pledged closer cooperation on researching alternative energy production, promoting alternative fuels in the region and developing industrywide standards and codes that could lay the groundwork for a global biofuels market.
