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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
Soybean Prices May Be Poised for Major Increase
9/1/2007 (soyatech.com)-- Bloomberg News reports that soybean prices may be headed for the biggest jump in three decades as farmers plant more fields with corn. U.S. farmers are preparing to sow the fewest acres of soybeans in 10 years.
JADE Crude Palm Oil Futures Contract Receives Regulatory Approval and JADE Management Team Expands with Appointment of CEO
4/1/07 SINGAPORE (PRNewswire) -- Joint Asian Derivatives Exchange (JADE) is pleased to announce the approval by the Monetary Authority of Singapore (MAS) of its second product, Crude Palm Oil (CPO) Futures Contract. In consultation with market participants, the CPO futures contract is targeted for launch in the first quarter of 2007.
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.
