|
AI boom is turning Malaysia’s palm oil estates into data centres
CPO prices to stay elevated on firm demand and tight supply
CPO price dip seen as temporary, stocks to rise in November: CIMB Securities
Malaysia lowers December crude palm oil reference price, maintains duty at 10%
Asia\'s biofuel dreams shelved as crude oil tumbles
01/03/2009 (AFP), Kuala Lumpur — Hopes of a biofuel bonanza for Southeast Asia, raised when sky-high oil prices made the search for alternative fuels a priority, have been shelved as global fortunes and crude prices nose-dive.
Wilmar Profit ‘May Not Be Better’ in 2009, CEO Says
27/02/2009 (Bloomberg) - Wilmar International Ltd., the world’s biggest palm oil trader, said that profit in 2009 may not be better than this year’s amid the global recession, and the company may be looking for food-industry acquisitions.
Feb palm oil exports may fall 8pc
27/02/2009 (Business Times, Malaysia) - PALM oil exports may fall 8 per cent in February from the previous month, independent surveyor Intertek said today.
TN MoU with 5 companies for contract farming of oil palm
27/02/2009 (The Economic Times), Chennai - Tamil Nadu government has signed MoUs with five oil extraction companies to cultivate oil palm across different locations in Tamil Nadu, on a contract-farming basis. This is part of the agriculture department’s plans to industrialise agri-biz and make it a steady profitable venture for producers as well as marketers.
Make use of palm biodiesel compulsory to cut CPO stockpiles
27/02/2009 (The Star Online) - Strategies such as oil palm replanting schemes and making the use of palm biodiesel compulsory in Malaysia will reduce crude palm oil (CPO) stockpiles and sustain its price at RM1,400 per tonne levels, said Malaysian Palm Oil Council (MPOC) chief executive officer Tan Sri Yusof Basiron.
No Plan To Set Ceiling Price For Rubber And Oil Palm - Kohilan
26/02/2009 (Bernama) - The government does not intend to set a ceiling price for natural rubber and oil palm following the sharp fall of the two commodities\' prices in the world market, Deputy Minister of Plantation Industries and Commodities A. Kohilan Pillay told the Dewan Rakyat today.
Earnings from palm oil exports expected to drop
26/02/2009 (The Star Online), Kuala Lumpur - Malaysia’s earnings from palm oil exports, which stood at RM65 billion last year, is expected to drop this year due to a slowdown in demand.
EU’s biodiesel tax move raises concern
26/02/2009 (The Star Online), Kuala Lumpur - Malaysia and Indonesia expressed concern over a plan by the European Union (EU) to impose import taxes on US biodiesel, potentially damping the outlook for alternative fuels made from vegetable oils and grains.
Chin: Palm Oil Production To Be Unchanged
25/02/2009 (Bernama), Kuala Lumpur Malaysia\'s palm oil production is expected to be unchanged or lower compared with last year\'s due to the implementation of the replanting scheme.
