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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%
Oil Palm Smallholders Not Subject To Windfall Profit Levy, Says Nor Mohamed
11/07/2008 (Bernama), Kuala Lumpur - Oil palm smallholders having plantations 40 hectares and below are exempted from paying windfall profit levy from July 15, Second Finance Minister Tan Sri Nor Mohamed Yakcop said Friday.
The Economic Times
12 Jul, 2008 (The Economic Times), New Delhi - Crude palm oil prices gained Rs 20 a quintal in the national capital on fresh buying by stockists influenced by firm global trend.
Biofuels And Biodiversity Don\'t Mix, Ecologists Warn
08/07/2008 (Science News) - Rising demand for palm oil will decimate biodiversity unless producers and politicians can work together to preserve as much remaining natural forest as possible, ecologists have warned. A new study of the potential ecological impact of various management strategies found that very little can be done to make palm oil plantations more hospitable for local birds and butterflies. The findings have major implications for the booming market in biofuels and its impact on biodiversity.
Palm olein import cost rises: Ghee, cooking oil prices set to increase
09/07/2008 (The Daily Times, Pakistan), Karachi - Due to higher import cost, the manufacturers of vegetable ghee and cooking oil are unable to control the prices and there is no option to control the prices other than reduction in taxes, Pakistan Vanaspati Manufacturer’s Association (PVMA) said Tuesday.
Malaysia Will Not Increase Oil Palm Acreage, Pledges Abdullah
08/07/2008 (Bernama), Kuala Lumpur - Malaysia, the world's largest palm oil producer, will neither stop nor increase its palm oil production but rather raise yields of the vegetable oil through research and development, Datuk Seri Abdullah Ahmad Badawi said here Tuesday.
Palm oil imports begin to meet demand in Ramazan
07/07/2008 (Sindh Today.net), Karachi - Pakistani traders have started closing deals for importing 200,000 tonnes palm oil which will be used in meeting demand of ghee and oil in the holy month of Ramazan.
The destruction of the rainforest
07/07/2008 (Telegraph.co.uk) - Every year across the world a forest area the size of England, about 32m acres, is destroyed or degraded.
Edible oils soften on global cues
07/07/2008 (The Economic Times), New Delhi - Wholesale prices of select edible oils on Monday lost up to Rs 100 per quintal in the national capital on Monday on stockists selling, triggered by weak trend in Malaysian palm oil.
Study finds Indonesian orangutan populations declining sharply
07/07/2008 (International Herald Tribune), Bangkok, Thailand - A researcher says the number of orangutans in Indonesia and Malaysia has declined sharply mostly because of illegal logging and the rapid expansion of palm oil plantations.
