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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%
Govt plans revision to CPO export duty policy, in talks with producers
05/07/2008 (The Jakarta Post, Jakarta) - The Trade Ministry is in talks with the country's crude palm oil (CPO) producers over a revision to the current policy for the commodity's export duty.
Apocalypse Now
05/07/2008 (Scoop.com) - What is it with environmental organizations, politicians, bureaucrats, quasi-scientists (junk, pseudo- or just bad), with their dire predictions of apocalyptic climate change – claims that swamp the media, generating unnecessary alarm and panic? They are seized upon by media, hungry for eye-catching stories.
Uganda’s first oil palm crop about to be harvested, could save Lake Victoria
04/07/2008 (Africa Science News Service) - Oil palm is a new cash crop being re-introduced in Africa, and Uganda has taken the lead in the region, through a project that has not only started changing the livelihoods of people on the Islands, but also to rehabilitate the deforested land, due to human activities around lake Victoria.
Oil Palm India plans massive expansion via re-plantation
04/07/2008 (The Financial Express) - Leveraging on the increased attention on edible oils, Oil Palm India, the Kerala-based public sector venture established to promote oil palm cultivation in the nation, is all set to increase its production through massive re-plantation schemes and by bringing more area under cultivation. Increasing profitability and importance has prompted the company also to add a refining plant to produce refined palm oil and a processing plant to process palm kernel oil.
Wild Orangutan Declining More Sharply In Sumatra And Borneo Than Thought
03/07/2008 (Science Daily) - Endangered wild orangutan (Pongo spp.) populations are declining more sharply in Sumatra and Borneo than previously estimated, according to new findings published this month by Great Ape Trust of Iowa scientist Dr. Serge Wich and other orangutan conservation experts in Oryx – The International Journal of Conservation.
Branching Out
03/07/2008 (Lankan Business Online) - Sri Lanka's Watawala Plantations is diversifying into fruit cultivation, dairy farming and marketing bottled water, given the growing need for food and rising prices, a senior official said.
ENERGY: Don\'t Write Off Biofuels Yet, Advocates Say
04/07/2008 (Inter Press Service), Tokyo - Japan wants countries to reconsider biofuels as an alternative technology to fight climate change by using fuel cell cars at the Group of Eight (G8) Summit on Jul. 4-7. The vehicles will transport the leaders of the world's major industrialised nations when they gather on the northern Japanese Island of Hokkaido.
India\'s Edible Oil Imports May Surge to Meet Domestic Shortfall
04/07/2008 (Bloomberg) - India may increase edible oil imports by more than 80 percent in the four months to October, straining global stockpiles, to meet a shortfall in domestic supplies and cool the fastest inflation in 13 years.
Brief relief for palm oil prices on swelling stocks
02/07/2008 (Barkery and Snacks.com) - Swelling domestic stocks for Malaysian palm oil, widely used by bakers, left crude palm oil futures closing lower on Monday, offering a slight relief for prices.
