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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
Indonesian Government Urged To Save Oil Palm Growers From Bankruptcy
01/11/2008 (Bernama), Jakarta - After exempting crude palm oil exporters from export fee in the wake of the global economic crisis, the Indonesian government has been urged to save self reliant oil palm growers in some provinces from bankruptcy, ANTARA news agency reported.
Palm oil contract defaults to rise
31/10/2008 (The Star Online) - Contract defaults on palm oil are expected to rise further in the next three months due to the current sharply discounted crude palm oil (CPO) prices.
Govt in Catch-22 situation on edible oil duty revision
30/10/2008 (Business Standard) - After battling hard to bring down prices of oilseeds, the government finds itself in a piquant situation on the prices front ahead of the state and federal elections.
Coconut oil drips thin on poor demand
30/10/2008 (Business Standard) - Coconut and copra prices in Kochi are likely to stay in a narrow band in the week ahead due to thin demand, dealers said today. Coconut oil price may stay in the range of Rs 5,800-5,900 per 100 kg while copra, dry coconut used for extracting oil, is likely to move around 4,000-4,100 rupees, they said.
RM200 Million Govt Allocation For Oil Palm Replanting
30/10/2008 (Bernama), Kuala Lumpur - Prime Minister Datuk Seri Abdullah Ahmad Badawi on Thursday announced an allocation of RM200 million for replanting 200,000 hectares of oil palm nationwide, saying the time when the price of palm oil was low was good to replace low-yielding, old palms.
Consider Cost-efficient Technology From NEDO, Says Chin
29/10/2008 (Bernama), Kuala Lumpur - Japan's New Energy and Industrial Technology Development Organisation (NEDO) has offered its technology as an alternative fuel combustion support system using oil palm biomass and waste tyres as a source of energy generation for the cement industry in Malaysia.
Edible oil import consignments to be tested by PSQCA
29/10/2008 (Pakwatan), Karachi - All imports of edible oil will, henceforth, be subject to tests for standards and issuance of Conformity Assessment Report (CAR) by Pakistan Standards and Quality Control Authority (PSQCA) before marketing of the product for sale.
New deal to rescue Borneo orangutans in Malaysia
29/10/2008 (AP), Kuala Lumpur — Conservationists said Tuesday they were planning a big push to protect Borneo's orangutans, pygmy elephants and other endangered wildlife by purchasing land from palm oil producers to create a forest sanctuary.
ACCCIM calls for reduction of CPO stock
29/10/2008 (NST Online) - The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) today asked major crude palm oil producers — Indonesia, Malaysia and Thailand — to reduce their stock by one million to 1.5 million tonnes to stabilise prices in the global market.
