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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
Indofood may sell shares of palm oil units
5/6/06 (Bloomberg) JAKARTA: PT Indofood Sukses Makmur, the world's biggest instant- noodle maker, may sell shares of its palm oil units as surging demand for the commodity in India and China drives up prices.
United Plantations focus on research bearing fruit
5/6/06 ( Business Times) UNITED Plantations Bhd (UPB), one of the country's major plantation firms, is banking on research to boost crude palm oil yield way past the national average.
Bursa defends plan to license out daily CPO settlement prices
8/6/06 (Business Times) - BURSA Malaysia has defended its plan to license out daily settlement prices for crude palm oil (CPO), saying it will make Malaysia the global pricing centre for its golden crop.
Palm oil forum welcomes Sainsbury into the fold
02/06/2006 (Food Production Daily) - The Roundtable on Sustainable Palm Oil (RSPO) welcomed UK supermarket Sainsbury's as its 100th ordinary member last week.
Indofood plans palm unit IPO
2/6/06 ( The Jakarta Post, Jakarta) - Giant instant noodle maker PT Indofood Sukses Makmur is set to launch an initial public offering (IPO) for its crude palm oil business.
M'sia Can Emerge World Leading Biodiesel Producer, Says Najib
KUANTAN, June 2 (Bernama) -- Malaysia has the potential to become the world's leading biodiesel producer with the help of the country's reputation as the world leading producer of palm oil.
Mission Biotechnologies Invests RM100m In Biodiesel Industry
KUANTAN, June 2 (Bernama) -- Mission Biotechnologies has invested RM100 million to set up a new biodiesel and glycerine purification refinery located at the Kuantan Port here.
Rimbunan Sawit seeks land expansion over three years
1/6/2006 (The Star) - KUALA LUMPUR: Rimbunan Sawit Bhd is looking to further expand its land bank over the next two to three years, chief operating officer Khoo Lian Hong said yesterday.
Biodiesel projects could earn Malaysia RM700m in export revenue
3/6/06 (Business Times) - THE Government has approved the construction of 22 biodiesel plants, whose combined capacity could earn Malaysia some RM700 million in export revenue based on current crude palm oil prices.
