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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
Palm oil prices will recover
25/11/2008 (The Straits Times, Singapore), Kuala Lumpur - MALAYSIA said on Tuesday it was confident crude palm oil prices will recover from a dramatic slump, thanks to an increase in demand from the world's top consumers, India and China.
Vanaspati sector opposes customs duty hike on palm oil
25/11/2008 (Money Control), Mumbai - The ongoing tussle between the liquid oil trade and the domestic vanaspati industry has intensified with the latter making a strong pitch for continuing the current duty structure for palm oil and palm kernel oil.
Sights set on palm oil
25/11/2008 (Star News Group) - THEY may be too young to drive or vote but Braybrook College students are old enough to know what’s important to them.
Planters urge government to help stabilise palm oil prices
25/11/2008 (The Malaysian Insider), KUala Lumpur - Malaysia\'s top plantation companies have suggested government incentives for industries to switch to palm bio-diesel as well as burning the oil as feedstock to generate power as part of initiatives to stabilise prices.
United call for government help
25/11/2008 (The Star Online), Bangi - Six top local plantation companies are seeking the Government’s assistance to work out an incentive programme to enable crude palm oil (CPO) to be used as an energy source in the industrial sector in a bid to reduce palm oil stocks and stabilise prices.
Sri Lanka: Coconut growers worried about growing palm oil imports
24/11/2008 (Fresh Plaza) - Sri Lanka’s coconut industry is once again raising concerns with the government over the haphazard import of palm oil which they say will seriously impact the development and survival of this sector.
Malaysian growers back palm oil output cut
24/11/2008 (Business Times, Malaysia) - PALM oil producers including Sime Darby Bhd and IOI Corp, the world's two largest, backed proposals by the Malaysian government to reduce output after the price of the commodity slumped.
Palm oil price \'close to a bottom\'
24/11/2008 (Business Times, Malaysia) - THE price of palm oil, which has slumped 67 per cent from a March record, is near the end of its decline because supplies will slow and demand for the edible oil will ride out the global slowdown, Goldman Sachs Group Inc said.
Coconut growers worried about growing palm oil imports
23/11/2008 (The Sunday Times) - Sri Lanka’s coconut industry is once again raising concerns with the government over the haphazard import of palm oil which they say will seriously impact the development and survival of this sector. But this time too, they see their attempts failing – like what has happened in the past – although representations were made to President Mahinda Rajapakse before the budget.
