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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
Malaysian company to produce bio-fuel from nipah palm
7/1/07 (AP)KUALA LUMPUR, Malaysia -- A Malaysian company is building what it says is the world's first plant to commercially produce ethanol from nipah palm trees, with the product aimed mainly for export to countries looking for alternatives to gasoline, its chairman said Saturday.
Maintain status quo on vegetable oil duties
7/1/07 (NewKarala.com) Mumbai - Solvent Extractors Association of India (SEAI) has asked the government to maintain a status quo on the vegetable oil duty structure to ensure better profitability to farmers.
Oil prices edge higher before US inventories, after 4.5 percent drop
4/1/07 LONDON (AFP) - World oil prices have climbed slightly, trading above 58 dollars before publication of official data on the level of US energy stockpiles and after plunging to six-week lows a day earlier.
Pioneer to Build 1.4 Billion Ringgit Biofuel Plant in Malaysia
6/1/07 (Bloomberg) -- Pioneer Bio Industries Corp., a Malaysian biotechnology company, will spend 1.4 billion ringgit ($400 million) to build an ethanol plant in northern Perak state that will extract the fuel from the nipah palm tree.
Govt cuts import duty on edible oil from South Asian countries
2/1/07 New Delhi, (Newkarala.com) - The government has cut the import duty on crude and refined edible oil from the six neighbouring countries in South Asia.
Palm oil producers facing more demanding costumers
30/12/06 (The Jakarta Post) - The fourth Round Table on Sustainable Palm Oil (RSPO) session, which was held recently in Singapore, clearly shows that while the demand for crude palm oil, including for bio-diesel fuel, will continue to increase in coming years, it is just a matter of time for CPO producers to face more demanding consumers. Of course they want cheaper price but better quality.
Banks to lend Rp 25 trillion for plantation, biofuel projects
21/12/06 (The Jakarta Post) - A consortium of five state-owned and regional banks has committed itself to providing a total of Rp 25.56 trillion (US$2.8 billion) in loans for the development of plantations across the country, including those producing biofuel feedstock.
Power station drops palm oil idea
3/1/07 (BBC News) - Many palm oil plantations are grown on areas of cleared rainforest.
E-oil Base Import Price Left Unchanged By India
NEW DELHI, Jan 3 (Bernama) -- The base import prices of palm oil and soya oil have been left unchanged by the Indian government to fight inflation, a Finance Ministry official has been quoted as saying.
