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AI boom is turning Malaysia’s palm oil estates into data centres
Malaysia lowers December crude palm oil reference price, maintains duty at 10%
Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
CPO Futures Snap Two-Day Gains To Close Lower
Palm Oil Board Exposes Sale Of Illegal Oil Palm Seeds
24/04/2009 (Bernama), Bangi - The Malaysian Palm Oil Board (MPOB) Friday exposed unlawful sale of illegal oil palm seeds and forging transaction documents bearing logos of Sime Darby Plantation Bhd and Felda Agriculture Services Sdn Bhd.
Indonesia to Use Standard Palm Oil Price
24/04/2009 (TEMPO Interactive), Jakarta - The government has set the standard price for local palm oil exports. The price is expected to become the standard for international palm oil trade. Deputy coordinating minister for the economy, Bayu Krisnamurthi said international palm oil trade had until now been using the commodity market price in Rotterdam, the Netherlands, as its standard.
Edible oil, ghee manufacturers increase prices
24/04/2009 (Daily Times, Pakistan), Karachi - The local edible oil and ghee manufacturers have increased prices of their products following the price increase of palm oil products in the international market.
Indian Firm Seeks to Buy More Indonesian Oil Palm Plantations
22/04/2009 (The Jakarta Globe) - Singapore. KS Oils, one of India’s major edible oil companies, is considering the purchase of more oil palm plantations in Indonesia as part of its strategy to secure crude palm oil supplies for its fast-growing market, a company official said on Tuesday.
RM9mil palm oil hijacked
21/04/2009 (The Daily Express), Kota Kinabalu - About RM9 million worth of palm oil was siphoned away while on transit from the processing plants to the ports in the East Coast of Sabah last year.
Exhibition on coconut and palm oil trees opens in Kumasi
22/04/2009 (Ghana Web), Kumasi - The Kumasi centre of Alliance Francaise, in collaboration with the French Embassy and CIRAD, an international agronomic institute, has held an exhibition on coconut and the oil palm tree in Kumasi.
The problem with palm
21/04/2009 (Mother Nature Network (MNN)) - As fears of global warming continue to rise with gas prices, both corporations and environmentalists are looking into alternative fuel sources. Now, businesses abroad plan to make biodiesel from palm oil, a substance found in common household items like cookies, shampoo, and margarine. Toyota Motor Corp. announced in May that it will partner with Japan’s Nippon Oil Corp. to develop biodiesel from palm oil, and the Malaysian government approved 54 projects this year alone to create B100, a biodiesel based from 100 percent palm oil, the country’s main export.
FACTBOX-\"Green\" palm oil in high street shops
21/04/2009 (Reuters) - A drive to improve the green credentials of palm oil, used in foods and cosmetics but tainted for some by links to deforestation, could make it too expensive for shoppers and may anyway be of limited environmental benefit.
India\'s edible oil imports may fall by 12 pc in 2009-10
21/04/2009 (Indopia), New Delhi - India & a poss edible oil imports are projected to decline by 12 per cent to around 6 million tonnes in 2009-10 season due to an expected rise in domestic output and large carry-over stocks, the USDA said in a report.
