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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
Strong El Niño forecast signals fresh upside for palm oil prices
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
Malaysia-Indonesia palm oil pact seen curbing price undercutting
4/2/2006 (Business Times) - THE proposed palm oil pact between Malaysia and Indonesia, the world's first and second largest producers respectively, will curb price undercutting and spur research and development (R&D) activities.
India's edible oil imports may fall
3/2/06 NEW DELHI (Reuters) - Thurs: Edible oil imports by India, the world's largest buyer, are likely to decline by 21 per cent in the first quarter of 2006 because of strong domestic supplies, a top industry official said today.
Attend Biofuels Markets Brussels!
With the European Directive targeting 5.75% biofuels usage by 2010 the industry is mobilising, biorefineries are being built and contracts draw up with feedstock suppliers across the region.
U.S., Malaysian Firms Start Joint Venture for Biodiesel Processing
30/1/2006 Business Times (Malaysia) - DXN Holdings Bhd has announced that its wholly-owned subsidiary, Future Nutri Sdn Bhd, is setting up a 50:50 joint-venture company with Green Diesel Corp from the US to venture into the biodiesel business.
Sarangani dangles 80T hectares to investors for oil palm use
2/2/06 (Sun Star) - THREE more towns in Sarangani province were identified as oil palm investment areas that could accommodate 80,000 hectares for the crop's cultivation.
Perlop settlers: Wild jumbos destroying our oil palm trees
1/2/06 (The Star) - About 100 settlers of Perlop Land Scheme in Sungai Siput are putting up with losses worth millions of ringgit after wild elephants destroyed some 50ha of their young oil palm trees.
Tariff value for soya oil down by USD 8, palm oil by USD 3
31/1/06 New Delhi, (New Kalara.com) - Government today reduced tariff value for crude soybean oil by eight dollar and crude palm oil by three dollar in its fortnightly revision for major edible oil imports.
Golden Hope to streamline biodiesel operations
1/2/06 (The Star) - Golden Hope Plantations Bhd (GHope) plans to consolidate its biodiesel projects this year, but will remain active in land expansion for oil palm cultivation in Indonesia.
Tariff values cut for vegetable oils
31/1/06 Chennai (The Hindu) - THE Union Government on Tuesday cut the tariff values or the base price at which the customs duty are calculated for vegetable oils. This is the third time that it has cut the values this year.
