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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
Indonesia tests fuel alternative in palm oil
13/7/06 (Bloomberg News) - JAKARTA Indonesia plans to invest 200 trillion rupiah, or $22 billion, over the next five years to promote the use of alternative fuels using crops such as palm oil, Energy Minister Purnomo Yusgiantoro said Thursday.
Malaysia and North Korea Sign $20 Million Palm Oil Barter Trade Pact
12/7/06 PUTRAJAYA, Malaysia (AP) -- Malaysia and North Korea on Thursday inked a $20 million palm oil barter trade pact, with the communist nation possibly shipping steel and magnesia to the Southeast Asian nation in exchange for the much-needed commodity.
No Politics In M'sia's Supply Of Palm Oil To North Korea
PUTRAJAYA, July 13 (Bernama) -- There is no politics in Malaysia's supply of palm oil to North Korea under a credit scheme, and if anything, it reflects the consistency of Malaysia in its credit arrangement policy, Plantation Industries and Commodities Minister, Datuk Dr Peter Chin Fah Kui, said Thursday.
Biofuel demand lifts palm oil prices
13/7/06 (The Star) - KUALA LUMPUR: Palm oil prices are likely to range between RM1,600 and RM1,700 a tonne in 2007 from RM1,450 now, driven by growing demand for biofuels, said a top industry official.
Govt increases tariff value on palm and soyabean oils
New Delhi, July 14: The Government today increased the tariff value for crude palm oil by eight dollars to 432 dollars per tonne while the tariff value was hiked by 37 dollars for crude soyabean to 566 dollars.
Malaysia Biofuel Plants to Boost Palm Prices
13/7/06 (PlanetArk) - KUALA LUMPUR - Malaysian palm oil prices are likely to rise to between 1,600 and 1,700 ringgit a tonne in 2007 from 1,450 ringgit (US$397) now, driven by growing demand for biofuels, a top industry official said on Wednesday.
Biodiesel to boost Malaysian palm prices
12/7/06 (Reuters) - Malaysian palm oil prices are likely to range between RM1,600 and RM1,700 a tonne in 2007 from RM1,450 now, driven by growing demand for biofuels, a top industry official said on July 12.
Plantations to drive KL Kepong profits
14/7/06 (The Star) - PETALING JAYA: Kuala Lumpur Kepong Bhd's (KL Kepong) profitability is expected to be driven by its plantation division due to improvements in yields, high rubber prices and increase in palm oil production.
Biofuel raw material has uncertain future
16/7/06 (Bangkok Post) - Many private business operators in Thailand are cashing in on the alternative-fuel fad by selling jatropha seedlings, the seeds of which are used as a raw material for biofuel refining, to farmers at inflated prices and with little awareness of policy or demand, say experts.
