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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
Malaysia lowers December crude palm oil reference price, maintains duty at 10%
Envo Diesel Project Can Start If CPO Price Remains At Below RM3,000
19/08/2008 (Bernama), Kuala Lumpur - Usage of Envo diesel, a palm-based biofuel, can start this year if the crude palm oil price (CPO) remains at below RM3,000 a tonne, Deputy Minister of Plantation Industries and Commodities A. Kohilan Pillay said today.
IOI shines with RM2.23bil profit
19/08/2008 (The Star Online), Petaling Jaya - IOI Corp Bhd posted an impressive 42% jump in pre-tax profit to RM856mil for its fourth quarter ended June 30 against RM602mil a year ago, backed by overall strong crude palm oil (CPO) prices, good earnings from the manufacturing of oleochemicals and property business.
Importers defer payments as palm oil price falls
19/08/2008 (The Financial Express) - The unexpected slump in commodities prices seen over the last couple of weeks is having its fallout all across. The latest to join the bandwagon are edible oil traders from India who are re-negotiating and seeking deferment of some of the palm oil import contract with Malaysian sellers to ward off loses due to sudden fall.
Victory - Indonesia\'s peat forest gains temporary protection
18/08/2008 (Greenpeace), Riau, Indonesia — In a rare piece of good news for Indonesia's forest, a regional governor has announced an interim ban on deforestation in Riau, one of the areas currently worst affected by rapid deforestation. The ban, especially if made permanent, is also good news for the climate.
Palm Oil Producers M\'sia And Indonesia Can Offer New World Model On Sustainable Development
18/08/2008 (Bernama), Jakarta - Malaysia and Indonesia, being two major palm oil producers, are in a unique position to offer the world a new resource-based sustainable development model by 2025 with intensive R&D on palm oil and its derivatives, says an internationally renown expert on sustainable development.
`Lower Price of Gas Used As Oleochem Feedstock\'
18/08/2008 (Red Orbit) - MALAYSIA may see its position as the world's leading oleochemical producer in terms of market share undermined by the high prices of natural gas, industry players say.
Indonesia Says Palm Oil Demand Strong as Prices Fall
17/08/2008 (Bloomberg) - Indonesia, the world's biggest palm oil producer, expects demand for the vegetable oil to remain strong after prices of the commodity slumped in the past month, Trade Minister Mari Pangestu said.
China and India cancel or renegotiate CPO deals
15/08/2008 (The Star Online), Singapore - Buyers from China and India, the world’s biggest vegetable oil importers, have cancelled or renegotiated around 800,000 tonnes of palm oil deals in the past few weeks as prices slump, dealers said yesterday.
Market falls as palm oil prices decline
15/08/2008 (The Edge Daily), Kuala Lumpur - The local stock market fell sharply in thin volume on Friday, with the KLCI posted double-digit declines. A steep fall in certain key blue chips, notably Bumiputra-Commerce and plantation stocks dragged the benchmark index and broader market lower.
