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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
Jakarta eyes palm oil for fuel
18/5/06 JAKARTA (Asia Times) - Spiking global oil prices have fuel-importing countries everywhere examining the potential of lower-cost biofuels to save on their fuel bills and shore up national energy security. That's particularly true for Indonesia, which currently imports 30% of its energy needs but also boasts Asia's biggest bounty of the tropical resources used to produce the most efficient biofuels.
MPOPC Launches Global Conservation Fund To Champion Biodiversity Worldwide
LONDON, May 18 (Bernama) -- The Malaysian Palm Oil Promotion Council (MPOPC) has announced the launch of a RM20 million fund to enhance biodiversity conservation related to palm-oil production worldwide.
Saudi Group To Invest US$ 1bln In Pakistan Food Sectors
18/5/06 KARACHI (Asia Pulse) - A Saudi business group, Savola Edible Oils intends to invest US$1 billion in edible oil and sugar sectors in Pakistan and wants local active partners.
Toyota and Nippon Oil explore new diesel solutions
16/5/06 (Platinum Today) - Car manufacturer Toyota and oil distribution firm Nippon Oil have together developed a powerful form of bio-diesel using palm oil, it has been reported.
CPO price poised to trend higher
16/5/06 (Business Times) - THE price of crude palm oil (CPO) is expected to reach RM1,600 per tonne, fuelled by its increasing demand for the production of biodiesel and biofuel.
BioX to partner Tradewinds
17/5/06 (Bernama) - BioX Group BV has decided to partner Tradewinds Plantation Sdn Bhd in a project to jointly develop the United Nations-recognised Clean Development Mechanism (CDM).
Malaysia says its palm oil is victim of smear campaign
16/5/06 KUALA LUMPUR (AFP) - Malaysia has hit back at allegations its palm oil industry kills orangutans by clearing forests, saying it was an attempt by industry competitors in the developed world to undermine the sector.
M'sia Not Clearing Forests To Grow Oil Palm
KUALA LUMPUR, May 16 (Bernama) -- The government would continue to protect its existing forest areas and not allow them to be cleared just for the purpose of planting oil palm amidst the rising demand for the commodity for the production of biodie
Golden Hope to expand Indon oil palm plantation
16/5/06 KUALA LUMPUR (The Star) - Golden Hope Plantations Bhd has received approval to acquire an additional 50,000ha of oil palm plantation in Indonesia over the next five years, said group chief executive officer Datuk Sabri Ahmad.
