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CPO price forecast to climb for rest of the year
CPO FUTURES HIT TWO-YEAR HIGH ON BULLISH SENTIMENT, STRONG EXPORTS
CPO price strength could dissipate through end-2024, says BMI
Positive growth for plantation sector, amid rising CPO prices
Palm oil prices to remain unaffected by FTA
04/01/2008 (Daily Times, Pakistan), Karachi - The reduction of ten percent import duty on palm oil from Malaysia will not significantly affect the domestic price of vegetable oil in the country, the importers and dealers said on Thursday.
Palm oil slides into the spotlight
03/01/2008 (Financial Times) - The prospect of crude oil staying above $100 a barrel is pushing the price of palm oil to record highs as the commodity is increasingly made into biodiesel, an often cheaper alternative to petroleum-based fuels.
Bio-fuelling the world’s hunger
03/01/2008 (The Hindu Business Line) - The soaring Sensex is as adrenalin to India Inc. Not many, however, seem to be unduly concerned about the galloping food prices. Almost everyone, from the Prime Minister downwards, is making pious noises on this score, without any tangible efforts to rein in the soaring prices.
Burning biofuels may be worse than coal and oil, say experts
04/01/2008 (Guardian Unlimited) - Using biofuels made from corn, sugar cane and soy could have a greater environmental impact than burning fossil fuels, according to experts. Although the fuels themselves emit fewer greenhouse gases, they all have higher costs in terms of biodiversity loss and destruction of farmland.
Smuggling \'cause of oil shortage\'
02/01/2008 (NST Online), Georgetown - Checks on the supply of cooking oil have begun following complaints of reduced supplies from wholesalers and retailers.
03/01/2008 (Euro2Day) - The prospect of crude oil staying above $100 a barrel is pushing the price of palm oil to record highs as the commodity is increasingly made into biodiesel, an often cheaper alternative to petroleum-based fuels.
Leading biofuels may be worse for environment than fossils fuels
04/01/2008 (Mongabay.com) - Biofuels made from world's dominant energy crops -- including corn, soy, and oil palm -- may have worse environment impacts than conventional fossil fuels, reports a study published in the journal Science.
Tri-State Biodiesel to Provide Biodiesel Fuel to NYC Mobile-Grocer FreshDirect
04/01/2008 (Earth Times) - New York City's first biodiesel company, Tri-State Biodiesel, is proud to announce that beginning today it will be filling FreshDirect's delivery trucks with clean-burning biodiesel blended fuel. The biodiesel fuel, which is made primarily from waste cooking oil collected from New York City restaurants, will be phased in to FreshDirect's fuel supply over the course of the next 2 months. By February 08, FreshDirect's entire fleet will be biodiesel powered, making it the largest private trucking fleet in the city to go biodiesel.
Indonesia`s CPO exports in November down
02/01/2008 (ANTARA News), Jakarta - The Central Bureau of Statistics (BPS) said that Indonesia`s CPO exports in November 2007 dropped drastically by 61 percent compared to that in October 2007.
