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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
Feb palm oil production slumps
21/04/2009 (Solomon Star) - PALM Oil production for February has dropped by 11 percent, to reverse the 9% growth in the previous months.
Palm oil thieves in Sabah having a field-day
21/04/2009 (NST Online), Kota Kinabalu - Palm oil thefts in Sabah have caused losses of up to RM9 million, with syndicates stealing up to 3,000 tonnes of oil last year.
Speculative edible oil imports to hit farmers
21/04/2009 (Business Standard) - All kinds of motives can be attributed as to why the trade went all out to import 3.434 million tonnes of edible oil in the first five months of the 2008-09 oil year (November to October). Imports jumped by 1.5 million tonnes over the same period last year, confounding all the stakeholders.
Unilever calls for ban on counterfeit products
20/04/2009 (Joy Online) - Mr. Charles Cofie, Chief Executive Office of Unilever has reiterated his call on the Ghana Standard Board (GSB) and other authorities to control the influx of counterfeit products onto the Ghanaian market.
PLN says it welcomes waste to energy projects
20/04/2009 (The Jakarta Post) - The state-owned electricity company PT PLN has welcomed the International Finance Croporation (IFC)-initiated biomass power plant projects using palm oil wastes and rice husks, an official says.
India rushes for palm cargoes before prices go up
20/04/2008 (Reuters), Kuala Lumpur - India, the world's No 2. vegetable oil buyer, has only covered about a third of its palm oil requirements for May, which will spark off a scramble for supplies before prices go any higher, traders said on Monday.
RSPO Certifies First Indonesian Palm Oil Company
17/04/2009 (ICTSD) - An Indonesian palm oil company has become the country’s first to be certified ’sustainable’ by the Roundtable on Sustainable Palm Oil (RSPO). But environmentalists caution that production in the world’s largest palm oil producing country continues to pose a serious environmental threat.
Palm oil, rice waste huge potential for generating electricity
17/04/2009 (The Jakarta Post) - It's the world's largest producer of crude palm oil and fourth largest producer of rice, Indonesia has huge potential for generating electricity from the tens of millions tons of waste from the two industries.
Palm oil not a healthy substitute for trans fats
17/04/2009 (Teatro Naturale) - Manufacturers are now required to state on food labels the amount of trans fatty acids, also called hydrogenated fats, in packaged foods. Both trans fatty acids and saturated fatty acids are associated with elevated heart disease risk factors.
