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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
PVMA demands reduction in duties on edible oil
23/5/06 ISLAMABAD (Recorder Report) - The Pakistan Vanaspati Manufacturers Association (PVMA) has demanded reduction in customs duty and federal excise duty on import of edible oil in its budgetary proposals.
Palm oil industry killing orangutans
17/5/06 (The Jakarta Post) - It will only take up to two or three years of rain forest destruction if the current rate continues to determine the fate of the orangutan. The populations of orangutans that will still exist in 2008 will not be viable anymore and the damage done will be irreversible. The genetic pool of the orangutan will be too small to ensure the survival of the species.
Minister wants more palm oil for biodiesel fuels
22/5/06 (The Jakarta Post) - The government will prioritize the production of crude palm oil to ensure blended biodiesel fuels are price-competitive with standard subsidized diesel, the Research and Technology Minister says.
Palm oil industry urged to go global
17/5/06 KUALA LUMPUR (the Star) - The palm oil industry's agenda from this year onwards should focus on going global, said Business Council for Sustainable Development Malaysia executive director Datuk Ghazali Yusoff.
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.
