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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 must fall to boost biofuel, food demand’
11/09/2008 (The Financial Express) - Prices of palm oil, the world's most consumed vegetable oil, need to decline further to spur more demand from the biofuel and food sectors as stockpiles swell to records, said Dorab Mistry, director at Godrej International Ltd.
Orangutan under threat of extinction in Indonesia
09/09/2008 (Tehran Times), Jakarta - The population of Orangutans in Kalimantan or Borneo Island of Indonesia remained under threat of extinction, despite claims by palm oil firms of applying eco-friendly work practices, according to a newspaper here Saturday.
Falling palm oil price makes palm biodiesel viable, may offer target for NGOs
10/09/2008 (Mongabay) - Plunging palm oil prices are increasing its attractiveness as a biofuel feedstock and thereby helping buoy demand for the oilseed, reports Reuters.
Group Throws Weight Against Palm Oil Importation
10/09/2008 (Leadership Nigeria) - The Coalition Against Import Duty Fraud (CAIDF), a Lagos based non-governmental organisation, has thrown its weight behind the Association of Oil Producers of Nigeria's move to stop some powerful elements in the country from frustrating Federal Government's policy of protecting local palm oil industries.
Palm oil\'s plunge makes biofuels attractive again
09/09/2008 (Reuters, India), Singapore - The tide is turning in favour of palm-based biodiesel producers, who aim to boost output in coming months because of improving margins after a near-50 percent drop in palm prices from their record high six months ago.
Drop in palm oil prices favours biodiesel makers
10/09/2008 (LiveMint), Singapore - The tide is turning in favour of palm oil-based biodiesel producers, who aim to raise output in coming months because of improving margins after a near-50% drop in palm oil prices from their record high six months ago.
Decline in palm oil price hits importers
10/09/2008 (Business Standard) - Palm oil importers in India seem to be having a tough time. A sharp fall in the prices of palm oil in the international markets have forced many importers to either refrain from taking delivery or defer the delivery of contracted palm oil for a couple of months.
FMCG firms in a fix over pricing strategy
10/09/2008 (Business Standard) - Some relief is on the way for fast-moving consumer goods( FMCG) companies, with prices of crude oil, wheat, milk and palm oil either on the decline or stabilising. Even as flexible packaging prices — which had become a new headache for FMCG companies — may come down on the back of stable crude oil prices, the verdict on production costs is still unclear.
New Discoveries To Ensure Low Oil Prices By 2012-13
09/09/2008 (Dow Jones), Singapore - New exploration prompted by high oil prices in recent years will lead to a substantial increase in proven and accessible oil reserves in the next two to three years, said James Fry, chairman of London-based commodities consultancy LMC International.
