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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
Go For Synergy, Oils And Fats Producers Urged
22/3/07 KUALA LUMPUR (Bernama) -- 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.
Alternative energy needs to focus on waste recycling
17/3/07 (The Jakarta Post) - The giddy-eyed proponents of alternative energy bio fuels derived from agricultural commodities received a bit of a wake up call recently when prices of almost all major raw materials such as corn, oil palm, sugarcane, wheat, soya, peanuts and even cassava shot up sharply causing widespread jitters.
Indonesia, Malaysia weigh joint marketing
10/3/07 (The Jakarta Post,) - Indonesia and Malaysia are considering teaming up to market their main export commodities, crude palm oil (CPO) and rubber, through the establishment of a joint commodities bourse.
Indonesia's biofuel drive not fully thought through
6/3/07 ( The Jakarta Post) - While the developed countries tend to throw money at problems, Indonesians like to throw vast tracts of land at a problem, even when easier solutions exist. About a decade ago, the then rulers committed a million hectares of land to overcome the shortage of rice; which still continues to be imported.
Finance Ministry eyes incentives to support biofuel development
9/3/07 (The Jakarta Post) - The Finance Ministry is preparing a package of incentives to support the government's ambitious program to produce 200,000 barrels of biofuel a day by 2010, a senior official says.
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.
