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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
Small oil cos set up refineries at ports to cut logistics costs
29/08/2008 (Economic Times), Mumbai - Nearly 33% decline in crude palm oil (CPO) prices over the past two months has prompted small and medium-sized edible oil companies to set up refineries at ports to cut down on the cost of logistics.
India-Asean FTA irks Kerala
28/08/2008 (Business Standard) - The India-Asean free trade deal has left farmers in Kerala a worried lot. The state government too is flustered by the impending impact the agreement would have on the farming community here.
Palm oil producers in Indonesia reject moratorium on forest destruction
28/08/2009 (Mongabay.com) - Palm oil companies operating in Indonesia have rejected a proposed moratorium on clearing forests and peatlands for oil palm plantations, reports the Jakarta Post.
Brand wagon to help Malaysia sell palm oil
28/08/2008 (Commodity Online) - Malaysia is desperately trying to market its palm oil as a different entity in the world market with the European Union and other nations looking at south Asian oil with suspicion.
Palm Oil Reached `Bottom\' at $750, Derom Bangun Says
27/08/2008 (Bloomberg) - Palm oil prices have reached a ``bottom'' and will be supported by declining supplies and increasing demand for biodiesel, Derom Bangun, chairman of the Indonesia Palm Oil Association, said.
Palm oil firms reject forest moratorium
27/08/2008 (The Jakarta Post, Jakarta) - Palm oil companies operating in Indonesia have opposed any moratorium on forest and peat land conversions, saying it will play havoc with the industry and the national economy.
Crude palm oil prices: Reading into the roller-coaster ride
27/08/2008 (The Jakarta Post, Jakarta) - Crude palm oil (CPO) price movements have been nothing short of a roller-coaster ride. From a mid-June 2006 price of around US$400 per ton, it shot up 350 percent to $1,400 per ton in Rotterdam before plunging 37 percent to the current level.
Malaysian Palm Oil Exporters Not Facing Severe Contract Defaults
27/08/2008 (Asia Pulse), Kuala Lumpur - Malaysian palm oil exporters are not facing a severe default on contracts despite the slow demand for the commodity over the past few months, the Malaysia's Palm Oil Refiners Association said Monday.
Malaysia’s KLK to boost oil palm planting
27/08/2008 (Daily Times), Kuala Lumpur - Kuala Lumpur Kepong Bhd, Malaysia’s third-largest listed planter, plans to grow oil palm at 10,000 hectares every year, mostly in Indonesia, to meet global demand for the vegetable oil, a top official said.
