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AI boom is turning Malaysia’s palm oil estates into data centres
Malaysia lowers December crude palm oil reference price, maintains duty at 10%
Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
CPO Futures Snap Two-Day Gains To Close Lower
INTERVIEW-India seeks 1.5 mln tonnes of edible oil cargoes
20/05/2008 (Reuters), Jakarta - India is looking to buy 1.5 million tonnes of edible oil for the next three months starting from May in a bid to lock in supplies ahead of the festival season, a top industry official said on Tuesday.
Plot To Close Down Kanowit NCR Oil Palm Plantation Uncovered
20/05/2008 (Bernama), Kanowit -- Some individuals who are officials of a local non-governmental organisation (NGO) are said to be involved in a conspiracy to close down Sarawak's first commercial oil plam plantation on Native Customary Rights (NCR) land here.
Oil World expects India to raise palm oil imports
20/05/2008 (Reuters, India), Hamburg - India is likely to sharply raise palm oil imports in 2007/08 as demand rises and the country turns away from soyoil imports, Hamburg-based oilseeds analysts Oil World forecast on Tuesday.
UAE players to establish extensive presence at the first ‘Malaysia-UAE Palm Oil Trade Fair & Seminar 2008’
20/05/2008 (AME Info) - UAE-based oils and fats majors are set to establish an extensive presence at the first ‘Malaysia-UAE Palm Oil Trade Fair & Seminar (POTS) 2008’, which is being held from May 26 - 27, 2008 at the Grand Hyatt Hotel in Dubai.
China Lifts Malaysian, Indonesian Palm Oil Sales
20/05/2008 (Business Week) - Consumption of palm oil by its No. 1 importer is expected to jump as rising global demand hikes prices for the cheapest of the edible oils.
INTERVIEW-Squeeze in global vegoils supply seen from October
20/05/2008 (Reuters), Jakarta - A squeeze in global vegetable oil supplies is expected to start in October as the high production cycle in palm oil slows and prices will only rally if adverse weather comes into play, leading analyst Dorab Mistry said on Tuesday.
Half of oil palm expansion in Malaysia, Indonesia occurs at expense of forests
20/05/2008 (Mongabay.com) - More than half of the oil palm expansion between 1990 and 2005 in Malaysia and Indonesia occurred at expense of forests, reports a new analysis published in the journal Conservation Letters. The conversion had a "detrimental" impact on regional biodiversity say the authors.
Certified non-rain forest palm oil set for Germany
19/05/2008 (Guardian Unlimited, UK), Berlin - The first consignments of palm oil, certified as produced using farming which has not involve destroying tropical rain forests, will arrive in Germany in the second half of this year, the German edible oil industry association OVID said on Monday.
Colombian sugar miller sweet on biofuels
19/05/2008 (Checkbiotech), Lima - Colombian sugar and palm oil producer Manuelita aims to consolidate its expansion in Latin America and become a significant regional producer of biofuels, the group's president said on Friday.
