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MPOB Monthly Report Imminent: Malaysia's Palm Oil Stockpiles May Surge Past 2.6 Million Tonnes as Strong El Niño Fuels Distant-Month Supply Cut Expectations
CPO futures end mostly higher on soybean oil gains
Malaysian end of July palm oil stocks hit near two-year high
Palm oil maintains its price advantage over soybean oil, but only through the end of summer
CNOOC to build 3 biodiesel plants in West Kalimantan
7/5/07 (The Jakarta Post, Jakarta) - China's largest offshore oil producer by output, CNOOC, plans to build three biodiesel plants in West Kalimantan this year, a government official says.
Slippery price of cooking oil
7/5/07 (The Jakarta Post) - Seen from the point of view of supply and demand, the steep rise in domestic cooking oil prices over the last few weeks seems rather strange, as it has nothing to do with supply shortages or a sudden surge in demand.
MPOB Will Continue To Promote Palm Oil For Halal Products
KUALA LUMPUR, May 7 (Bernama) -- The Malaysian Palm Oil Council (MPOB) says it will continue to promote palm oil as a great solution for halal products.
Felda to buy up to 80% of Twin Rivers of US
8/5/07 (The Edge News) - Felda Holdings Bhd will buy up to 80% of Twin Rivers Technology of Quincy, Massachusetts (TRT), one of North America's leading oleochemical companies, said Felda group managing director Datuk Mohd Bakke Salleh.
Global rush to energy crops threatens to bring food shortages and increase poverty, says UN
9/5/07 (The Guardian) - The global rush to switch from oil to energy derived from plants will drive deforestation, push small farmers off the land and lead to serious food shortages and increased poverty unless carefully managed, says the most comprehensive survey yet completed of energy crops.
RI`s oil-palm plantation revitalization need 340,000 workers
5/5/07 Jakarta (ANTARA News) - Implementation of the government`s oil-palm plantation revitalization program on 2 million hectares of land in 2007-2011 will require the employment of about 340,000 people, an Agriculture Ministry official said.
Cooking oil shortage: Refiners to face the music
6/5/07 (NSTP) - KUALA LUMPUR: Two ministries will be working to overcome the shortage of cooking oil and ensure that it is sold at the ceiling price.
JADE launches crude palm oil
4/5/07 ( Hulic.com) - JADE Announces the Launch of Crude Palm Oil Futures on 6 June 2007
Indonesian estates may gain from cess move
7/5/07 (NSTP) - The Government's decision to make oil palm estate owners fully subsidise losses suffered by cooking oil manufacturers as a result of high palm oil prices is unlikely to significantly impact big players' earnings.
