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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
India mulls concessions for Asean free trade pact
17/1/07 (rediff.com) - India is considering making concessions on the five-year "standstill" period for duty cuts on crude and refined palm oil, pepper and black tea imports in its proposed free trade agreement with the Association of South East Asian Nations, according to a senior commerce ministry official.
Japan's Kanematsu eyes Indonesia biofuel sector
JAKARTA, Jan 18 (Reuters) - Japan's Kanematsu Corp. is considering building a biofuel plant using cassava as a feedstock in Indonesia, the industry minister said on Thursday. The bioethanol plant will have the capacity to produce 100,000 litre bioethanol per day, Fahmi Idris told reporters.
Japan's Lion:Considering Building New Factory In Malaysia
18/1/07 TOKYO -(Dow Jones)- Lion Corp. said Thursday it is considering increasing production of plant-based laundry detergents, possibly by building a factory in Malaysia.
India, ASEAN break ice on tariff cut
17/1/07 (Hindustan Times) - India has conceded some more ground during the negotiations for a free trade agreement (FTA) with the Association of South East Asian Nations (Asean). Both sides have agreed to bring down the tariffs on items covered under the sensitive list to a 0-5 per cent range by 2018.
Anwar queries Russian jet deal
17/1/07 (Daily Express News) - Kuala Lumpur: Former Malaysian Deputy Premier Anwar Ibrahim on Tuesday demanded the Government investigate a RM3.15 billion Russian fighter jet deal.
Asian pledge on oil alternatives
15/1/07 (The Australian) - LEADERS across Asia are set to endorse a pledge to move toward nuclear and other alternative energies to help cut the region's dependence on fossil fuels.
Canola Oil a Winner -- But Palm Oil Threatening Market Share, Analyst Says
16/1/07 (soyatech.com) WINNIPEG (Resource News International via COMTEX) -- Canola oil (rapeseed oil) has been one of the winners of the growing international demand for oils and fats, said analyst Thomas Mielke of Oil World in a presentation at Brandon Manitoba's Ag Days, Jan. 16, 2007.
Palm oil at the core for free trade pact
13/1/07 ( Business Line) Cebu (Philippines) - Malaysia and palm oil may turn out to be the sticking points in the attempt to hammer out a Free Trade Agreement between India and the ten-member ASEAN group.
Ministries lock horns over duty cut on palm oil
3/1/07 (Busienss Line ) New Delhi -- After sugar, it is edible oil that is emerging as a potential conflict zone between the Finance Ministry and the Agriculture and Food Ministry.