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AI boom is turning Malaysia’s palm oil estates into data centres
CPO prices to stay elevated on firm demand and tight supply
Malaysia lowers December crude palm oil reference price, maintains duty at 10%
CPO price dip seen as temporary, stocks to rise in November: CIMB Securities
North Americans consuming more palm oil
31/03/2009 (Business Times, Malaysia) - Malaysian palm oil exporters are benefiting from the US recession, as cost-conscious Americans buy more ready-to-eat meals that are mainly cooked in palm oil and margarine.
Thailand: Biofuel\'s Impact on Food Crops
30/03/2009 (Flex News) - March 30 - Biofuel consumption increased significantly in 2008 as petroleum prices reached a record high. The run-up in crude oil prices left gasohol and biodiesel as cheaper options for Thai consumers.
Dairy farmers standing up to fatty palm oil
30/03/2009 (GuelphMercury) - It's not quite ice cream weather yet, at least for the customers. But it certainly is for the processors and manufacturers. They consider April the optimal month for launching new ice cream products. It gives marketing campaigns time to dig in and generate buzz before the hot weather arrives and people start making choices.
Edible oil prices unchanged despite world market fall
28/03/2009 (The News, International), Karachi - As edible oil prices fell at the end of 2008, the effect failed to transfer to the masses. Major oil companies, who were quick to shift the burden onto the people when prices rose in May last year, are holding out on maximum profits despite government directives to lower prices.
No sign of recovery in edible oil prices
27/03/2009 (The Hindu Business Line), Mumbai - After reaching unprecedented highs in March-April 2008 caused by rising demand, falling inventory, lower supplies and speculation, global vegetable oil prices plummeted to multi-year lows in a short period of 3-4 months during the latter half of the year.
India’s Edible Oil Stockpiles May Triple on Duty-Free Imports
26/03/2009 (Bloomberg) - Supplies of vegetable oil in India, the world’s biggest buyer after China, may increase as importers take benefit of duty free purchases of palm and soybean oils, likely hurting domestic oilseed prices.
Malaysian palm oil targets the Amazon
25/03/2009 (Mongabay.com) - Malaysia's Land Development Authority FELDA will soon break ground on a joint venture with a Brazilian firm to establish 30,000-100,000 hectares (75,000 - 250,000 acres) of oil palm plantations in the heart of the Amazon rainforest, reports the Malaysian Star.
Singaporean/Finnish bio fuel to run cars in Europe and North America
26/03/2009 (ScandAsia) - According to Helsinki Times and Channel News Asia, Finland’s Neste Oil’s biodiesel plant will produce fuel for cars around the world. Diesel made from palm oil, vegetable oil and animal fat in Singapore may soon be powering cars in Europe and North America, Finland's Neste Oil said on 6 March.
New Generation to announce second biofuel deal this week
25/03/2009 (CleanTeach) - Lake Mary, Fla.-based New Generation Biofuels Holdings (NASDAQ: NGBF) plans to announce Thursday morning that it has signed its second supply deal this week.
