|
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%
Warning for ‘dubious’ palm oil vendors
12/08/2008 (Gambia New Community) - Aja Ara Jatta, the president of the Serrekunda Market Committee, has vowed to clear the Serrekunda Market of vendors who trade in palm oil that are mixed with coloured powder and other unhealthy substances.
Palm Profits: Sri Lanka\'s Namunukula Plantations June quarter net gets palm oil boost
12/08/2008 (LBO) - High prices of palm oil helped Sri Lanka's Namunukula Plantations increase June quarter net profit by almost half to 71 million rupees from a year ago as profits from tea and rubber fell.
Palm oil turns the tide in US market - AHMAD IBRAHIM
12/08/2008 (NST Online) - ARNOLD Schwarzenegger, the governor of California, has just announced that come Jan 1, 2010, all 88,000 restaurants in the state will be prohibited from using oil, margarine and shortening containing trans fats. Retail baked goods will have an extra year's grace period until Jan 1, 2011. Packaged food, though exempted, will have to show distinct trans fat labelling on their packaging.
Call for cut in CPO windfall tax
12/08/2008 (The Star Online), Petaling Jaya - In view of falling crude palm oil (CPO) prices, planters are asking for a higher threshold price that is used to calculate windfall tax on oil palm companies.
Plantation-Scale Oil Production
11/08/2008 (Biodiesel Magazine) - World palm oil production has been nudging soybean oil production out of the No. 1 spot in recent years with nearly 90 percent of production coming from just two countries—Malaysia and Indonesia. Sheer distance keeps familiarity with the competition difficult for the American soybean industry. In April, Biodiesel Magazine got a closer look at the Malaysian palm oil industry while attending the first International Palm Oil Sustainability Conference. The trip to Malaysia included a tour of IJM Plantations Bhd. in the Malaysian state of Sabah on the northern coast of Borneo.
BOPP consolidates performance
11/08/2008 (Joy Online) - Benso Oil Palm Plantation Limited (BOPP) consolidated the impressive performance during the first quarter of the year by recording another good performance during the first half of 2008.
Indonesia Sees \'09 Palm Oil Output of 19.4 Million Tonnes
11/08/2008 (Flexnews), Jakarta - Indonesia, the world's top palm oil producer, expects its crude palm oil output to rise to 19.4 million tonnes in 2009 as more trees mature and the cultivation area expands, Agriculture Minister Anton Apriyantono said on Monday.
CPO bracing for a downcycle
11/08/2008 (The Edge Daily), Kuala Lumpur - Crude palm oil’s (CPO) near-term outlook remains bleak following tumbling of prices last week amid a global selldown in commodities, indicating that the sector is heading for a downcycle.
India-ASEAN free trade pact to be inked at December Bangkok summit
11/08/2008 (Monster and Critics), New Delhi - Under a free trade agreement to be signed at a summit in Bangkok in December, India will substantially reduce duties on about 96 per cent of items it trades with the Association of South East Asian Nations (ASEAN), news reports said Sunday.
