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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
Felda unit aims to bolster position
29/01/07 (The Star) - FELDA Agricultural Services Sdn Bhd (FAS), a unit of Felda Holdings Bhd, plans to strengthen its position as the market leader in the production of oil palm hybrid seeds and clones (or ramets) in Malaysia and regionally.
Malaysian Companies Sign Deal to Move Palm Oil Merger Plan Forward
24/01/07 KUALA LUMPUR, Malaysia (AP) -- Malaysia's Synergy Drive Sdn. Bhd. said Wednesday it signed an agreement to buy the entire assets and liabilities of three companies in a bid to create the world's largest listed palm oil producer.
Dutch palm oil-based power plant gets court approval
AMSTERDAM, Jan 24 (Reuters) - The Dutch High Court gave the green light on Wednesday to the construction of a 50-megawatt power plant based on palm oil, whose sustainability was challenged by environmental organisations.
Govt cuts edible oil import duty to tame inflation
24/01/07 (Reuters) - NEW DELHI: India, the world's third-largest importer of vegetable oils, on Wednesday cut import duties on palm and sunflower oil products in a bid to cool rising inflation that the finance minister has said is a worry.
Country-wide palm oil supply halted: contractors, transporters lock horns
23/01/07 (Business Recorder) KARACHI - Palm oil supply to refineries for the whole country has halted for the last four days due to the unannounced strike by transporters, sources told Business Recorder on Monday.
Guthrie delays listing of Indon unit
27/01/07 (The Star) - KUALA LUMPUR: Kumpulan Guthrie Bhd is delaying the listing of its Minamas Indonesia unit, after agreeing to a merger plan to form the world's largest listed palm oil planter, sources said.
Thailand tries to boost bio-diesel consumption
28/01/07 BANGKOK (TNA) - In an attempt to boost consumption of alternative energy which could reduce oil imports, the Energy Ministry has set a revised bio-diesel consumption target on consumption at 500,000 litres per day this year with at least another 300 service stations to be set up nationwide.
New RM25mil biotech centre will provide further impetus for Felda
29/01/07 (The Star) - FELDA Agricultural Services Sdn Bhd is set to push into new frontiers with its RM25mil biotechnology centre in Negri Sembilan, to be launched by Deputy Prime Minister Datuk Seri Najib Tun Razak tomorrow.
Downward pressure on palm oil
