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AI boom is turning Malaysia’s palm oil estates into data centres
CPO Futures Snap Two-Day Gains To Close Lower
Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
Palm Oil Output Surge In Oct, CPO Price Could Hit RM4500 In Dec: MPOC
Why lift ban on importation of palm oil?
23/03/2009 (Business Day) - Malaysia, which for a long time was the leader in oil palm business in the world ( Indonesia is now the world leader), got its first seedlings from Nigeria . Malaysia knew long ago the potentials pal oil production had and therefore took the cultivation very seriously in an effort to boost its economy. Malaysia has over 3.2 million hectares of oil palm plantations, milling out nine million tons of palm oil with earnings up to $7 billion from its export. Malaysia has gone beyond fabrication of mills to the addition of value to the products by refining and fractionating oil in order to produce chemicals like the fatty acids, fatty alcohols and intermediates.
Will palm oil drive deforestation in the Amazon?
23/03/2009 (Mongabay.com) - Already a significant driver of tropical forest conversion across southeast Asia, oil palm expansion could emerge as threat to the Amazon rainforest due to a proposed change in Brazil's forest law, new infrastructure, and the influence of foreign companies in the region, according to researchers writing in the open-access journal Tropical Conservation Science.
Low oilseed yield to keep cooking oil prices burning
22/05/2009 (The Economic Times), Kolkata - The way vegetable oil prices in the global market are rising by the day, chances of any further drop in cooking oil prices at home are remote. Cooking oil prices are ruling at no less than Rs 70 per kg at the retail-end.
Indonesian Crude Palm Oil Tax No Threat to Exports
20/05/2009 (Flex News), Jakarta - A recent rally in the price of crude palm oil will trigger Indonesia's export tax in June after a seven-month freeze, but the move may not discourage shipments because of tight global supplies, industry officials say.
Pakistan palm imports fall 20 pct in Apr-May
20/05/2009 (Reuters), Islamabad - Pakistan's imports of palm oil products fell up to 20 percent in April and May on good stocks and easing demand but will pick up next month and in the run-up to the Muslim fasting month, an industry official said on Wednesday.
Palm oil plantation indices unveiled
19/05/2009 (The Malaysian Insider) — To further promote Bursa Malaysia as a key centre for commodities, Malaysia’s stock exchange operator has launched three new palm oil plantation (POP) indices, two of which are Asian based and include Singapore planters.
Malaysian palm oil output forecast cut
19/05/2009 (Business Times, India), Hamburg - Malaysian October 2008/September 2009 palm oil output is likely to reach only 17.8 million tonnes Hamburg-based oilseeds analysts Oil World forecast yesterday.
Government \'greatly concerned\' by palm oil production
19/05/2009 (The Independent) - The Government has joined calls for Britain’s best-selling household groceries to use sustainable palm oil.
SRI LANKA CARSON UNIT SAYS PALM OIL MARKET STABILISED
19/05/2009 (TMCnet), Colombo - Palm oil prices have stabilised after last year's collapse and demand should grow in future, according to Good Hope, a subsidiary of Sri Lanka's Carson Cumber batch group with plantations in Malaysia and Indonesia.
