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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
Wilmar stock soars on Malaysia palm oil deal
15/12/06 SINGAPORE, (Reuters) - Investors cheered Wilmar's multi-billion dollar purchase of Malaysian agricultural assets on Friday, sending its stock up 27 percent on hopes it will profit from high palm oil prices due to demand from China and India.
Evergreen looks to oil palm for new source of raw material
18/12/06 (The Star) - MALAYSIAN fibreboard companies have to be innovative and creative to maintain their leading edge in the international market.
KL govt to blame, say Papua NGOs
18/12/06 (The Sun Daily) PENANG - The government should take responsibility for the actions of Malaysian timber and oil palm companies which are the main culprits of illegal logging and open burning in Papua New Guinea (PNG) and Indonesia, several non-governmental organisations (NGOs) said.
Boustead's 1st Islamic plantation REIT
17/12/06 (The Edge Daily) - The Boustead Group has set up the Al-Hadharah Boustead REIT, the first Islamic oil palm plantation real estate investments trust (REIT), which will acquire plantation assets totalling RM472 million.
Kuok Group merges palm oil biz in RM15b deal
14/12/06 (The Edge Daily) - The Kuok Group, controlled by tycoon Tan Sri Robert Kuok, is undertaking a mammoth S$6.6 billion (RM15.18 billion) corporate exercise to merge several of its companies here and in Singapore, including Wilmar International Ltd and PPB Oil Palms Bhd.
Palm Oil Biodiesel Industry Holds Big Potential
KUALA LUMPUR, Dec 12 (Bernama) -- Biodiesel produced from palm oil has already been exported overseas and the new industry is expected to have a big impact on the national economy.
India's veg oil import declines 23 pc in November
15/12/06 ( New Karala) Mumbai - India's imports of vegetable oil (edible and non edible) fell by 23 per cent to 25.22 lakh tonnes during November, as against 32.76 lakh tonnes during the same month previous year, the solvent Extractors' Association of India (SEA) said.
Mergers create biofuel majors, tackle price risks
15/12/06 (The Edge News) - Mergers in the booming palm oil sector are creating the biofuel industry's own 'Big Oil' companies, but vertical integration and economies of scale may not be enough to make exports profitable or to replace crude.
Smear campaign against palm oil
12/12/2006 (NSTP) - FOREIGN non-governmental organisations (NGOs) are carrying out a smear campaign against Malaysia's palm oil. Plantation Industries and Commodities Minister Datuk Peter Chin Fah Kui said they claimed that the nation had a bad record in forest management.
