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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
Palm oil maintains its price advantage over soybean oil, but only through the end of summer
Malaysian end of July palm oil stocks hit near two-year high
GHope plans biodiesel plants in China, South Korea
28/7/06 (NSTP) - SHANGHAI: Golden Hope Plantations Bhd (GHope) plans to set up palm oil-based biodiesel plants, one each in China and South Korea, to ride on both the countries' initiatives to reduce dependency on expensive fossil fuels.
UTM chemical plant to boost production capacity
25/7/06 (NSTP) - UNIVERSITI Teknologi Malaysia's (UTM) RM4.5 million expansion of its chemical engineering pilot plant (CEPP) in Skudai, Johor, will see its production capacity go up by 10 times by March 2007.
China mulls building palm oil-based biodiesel plant
25/7/06 (NSTP) - BEIJING: China, which is Malaysia's top palm oil buyer, is mulling building its first-ever palm oil-based biodiesel plant to reduce its dependency on expensive fossil fuel.
Palm users wary of Malaysia, Indonesia moves
24/7/06 (Reuters) - A move by Malaysia and Indonesia to pledge a big chunk of their palm output for biodiesel may not immediately send prices out of control but it has rung alarm bells that the once humble oil will become too expensive for both food and fuel production.
Musharraf inaugurates palm oil refinery
26/7/06 (AP) KARACHI - President General Pervez Musharraf on Tuesday inaugurated the $14 million MAPAK Edible Oil Refinery set up under a joint venture between Westbury Group of Company, Pakistan and FELDA of Malaysia palm oil refinery in Karachi.
KL Kepong Opens Palm-Oleo Plant In China
SHANGHAI, July 26 (Bernama) -- Major plantations group Kuala Lumpur Kepong Bhd (KLK) officially opened its US$70 million palm-oleochemical plant Wednesday in Zhangjiagang port city as part of its business strategy to diversify into China
Forest fire haze hits major city on Indonesia's Sumatra
26/7/06 JAKARTA (AFP) - Acrid smoke from raging ground and forest fires on Indonesia's Sumatra blanketed the city of Pekanbaru, stinging eyes and reducing visibility, a meteorology official said.
Plantation Industry Sees Exciting Future Under 9MP
KUALA LUMPUR, July 27 (Bernama) -- The plantation industry sees an exciting future under the Ninth Malaysia Plan (9MP) with the government recognising agriculture as the third engine of growth after manufacturing and services.
Sharp rise in ghee prices before Ramazan likely
25/7/06 ISLAMABAD, (Dawn) - The producers of ghee and cooking oil have warned the government of a considerable increase in the prices of vegetable ghee and cooking oil before Ramazan due to high taxes and decrease in supply of edible oils to international market.
