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Malaysia's total palm oil stocks surge 24.54% to 3.51mil tonnes in Sept
CPO Futures Close Lower On Weaker Soybean Oil Prices
Palm oil under near-term pressure as rising stocks outweigh El Niño fears
Palm oil falls to 11-week low on weak exports, rising output
Indicators point to further price weakness
The Malaysian Palm Oil Board, in its monthly report on palm oil trade data, cited August palm oil output, put at 1,537,236 tonnes, as far outstripping August exports, put at 1,311,427 tonnes. The upshot: end-August 2006 palm oil stocks surged an unprecedented record high of 1,684,046 tonnes.
Utd Plantations launches bio-energy facilities
15/09/06 (NSTP) - WHEN United Plantations Bhd launches its bio-energy facilities today, it will become among the first companies to start earning carbon credits in Malaysia.
Palm oil industry outlook bright: Ong
13/09/06 (The Star) - KUALA LUMPUR: The outlook for the palm oil industry is bright owing to greater consumer acceptance of its nutritional value as well as a viable source for biodiesel, said Malaysia Oil Scientists' and Technologists' Association (MOSTA) president Tan Sri Augustine S.H Ong.
Plantation stocks continue to fall
13/09/06 (The Star) - PETALING JAYA: Plantation stocks continued to decline yesterday as sentiment continued to weaken on a softening in crude palm oil (CPO) prices and higher inventory levels, analysts said.
Biodiesel to drive up the price of cooking oil
12/09/06 (CNET News.com) - The popularity of biodiesel--made from vegetable matter intead of fossil fuels--"will tighten the supply of vegetable oils," William Camp, executive vice president of Archer Daniels Midland, said during a presentation at the ThinkEquity Partners Growth Conference in San Francisco.
Issuance Of New Manufacturing Licence For Bio-diesel Put On Hold
KUALA LUMPUR, Sept 12 (Bernama) -- The government has put on hold the issuance of new manufacturing licences for bio-diesel, Plantation Industries and Commodities Minister, Datuk Peter Chin Fah Kui said Tuesday.
Astra Agro wary of palm oil-based biodiesel plant returns
13/09/06 (NSTP) JAKARTA - PT Astra Agro Lestari, Indonesia's biggest agriculture company by market value, isn't yet sure that biodiesel made from palm oil is commercially viable and is holding back on investing in a factory, unlike some rivals.
Boustead, Boustead Prop’s Islamic plantation REIT plan
11/09/06 (The Edge News) - Boustead Holdings Bhd and Properties Bhd are setting up an Islamic plantation real estate investment trust (REIT), Al-Hadharah Boustead REIT, involving the proposed disposal of nine oil palm estates measuring 17,474.9ha and two palm oil mills for RM500 million.
Guthrie pushing hard to meet KPI targets
11/09/06 (The Star) - Despite problems related to high gearing and other issues, Kumpulan Guthrie Bhd group chief executive Datuk Abdul Wahab Maskan has managed to position the group as a reputable regional palm oil player. His vision is towards global player status
