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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
CPO price dip seen as temporary, stocks to rise in November: CIMB Securities
Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
Risda chief: Don’t get cheated by other oil palm centres
15/01/2009 (The Star Online), Muar - An oil palm fruit weighing centre here has been receiving more than 22,000 tonnes of seeds every month since it was set up in March last year.
CPO price falls in line with soybean oil
14/01/2009 (The Star Online), Petaling Jaya - The price of crude palm oil (CPO) fell below RM1,900 per tonne yesterday, tracking the sharp downturn in the price of soybean oil overnight on the Chicago Board of Trade (CBOT) as well as lower crude oil prices.
Biofuel manufacturers need new licences
14/01/2009 (The Star Online), Bangi - Existing biofuel manufacturing licence holders have been given until end-April to reapply for a new operating licence from the Primary Industries and Commodities Ministry, said minister Datuk Peter Chin Fah Kui.
Indonesia\'s consumer confidence down in Dec
14/01/2009 (Xinhua), Jakarta - Indonesia's consumer confidence index fell by 5.7 points to 90.06 in December, a survey of the central bank said at its website Wednesday.
Edible oil import surges on fears of duty on crude palm oil
14/01/2009 (Indopia.in), New Delhi - India&aposs edible oil import more than doubled in December 2008 over the year-ago period, as traders are buying on a large scale on apprehension that the government may impose import duty on crude palm oil.
SPECIES: Palm oil frenzy threatens to wipe out orangutans
13/01/2009 (North Country Times), Tanjung Puting National Park - Hoping to unravel the mysteries of human origin, anthropologist Louis Leakey sent three young women to Africa and Asia to study our closest relatives: It was chimpanzees for Jane Goodall, mountain gorillas for Dian Fossey and the elusive, solitary orangutans for Birute Mary Galdikas.
Improper Practices Cost Country RM325 Mln Loss
13/01/2009 (Bernama), Bangi - Malaysia suffered a loss of RM325 million last year due to improper practices during the transportation of palm oil, said Minister of Plantation Industries and Commodities, Datuk Peter Chin Fah Kui.
Indonesia Plans 60 pct Cut for Aid on Cooking Oil
13/01/2009 (Reuters), Jakarta - Indonesia will cut by a huge 60 percent the cash it gives poor families this year as aid to buy cooking oil, because of a fall in palm oil prices, Trade Minister Mari Pangestu said on Tuesday.
Record exports, low production ease oil palm inventories
13/01/2008 (The Malaysian Insider), Kuala Lumpur - Malaysia's oil palm inventory eased to 1.995 million tonnes in December last year due to a combination of record exports and the low production season.
