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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
Palm Oil Output Surge In Oct, CPO Price Could Hit RM4500 In Dec: MPOC
India Nafed seeks refiners for processing edible oil
16/04/20089 (Reuters), Mumbai - The National Agricultural Cooperative Marketing Federation of India Ltd (NAFED) has sought interest from edible oil refiners for processing and packing of imported edible oils, it said on its Web site on Wednesday.
India keeps edible oil tariff values unchanged
16/04/2008 (Reuters), New Delhi (Reuters) - India left base import prices or tariff values unchanged for six palm group oils and crude soybean oil, the finance ministry said in a statement on Wednesday.
Edible oil shortage feared as truckers resume strike
15/04/2008 (The News International, Pakistan), Karachi - The country might face shortage of edible oil in a few days as private transporters of palm oil have resumed an indefinite strike over inclusion of state-owned National Logistics Cell (NLC) in their business, The News learnt on Monday.
1st Malaysia-UAE Palm Oil Trade Fair & Seminar aims to further enhance business opportunities for Malaysian palm oil in the Gulf
14/04/2008 (Al Bawaba) - Global exports of Malaysian palm oil have reached 13.7 million tons, accounting for 26 per cent of the world’s oils and fats products consumption in 2007, which was recorded at 57.8 million tons, according to latest reports from the Malaysian Palm Oil Council (MPOC). As one of the product’s top destinations, the Middle East imported 1.4 million tons of Malaysian palm oil, which constituted 45 per cent of its overall imports of oils and fats products in the same year. With aims of further enhancing business opportunities in the Gulf, MPOC and the Malaysian Palm Oil Board (MPOB) have announced the first ‘Malaysia-UAE Palm Oil Trade Fair & Seminar’ (POTS) 2008, which will be held at the Grand Hyatt Dubai Hotel from May 26 - 27, 2008.
‘India may relax oilseeds import next year’
14/04/2008 (The Hindu Business Line), Chennai - The Union Government may relax import of oilseeds in 2009 to take the heat out of an “overheated domestic†oil and oilseeds market, according to Mr Dorab Mistry, Director, Godrej International Ltd.
Being Top Producer Of Palm Oil Not A Big Issue, Says Malaysian Official
14/04/2008 (Bernama), Kota Kinabalu - Malaysia is not concerned over the issue of who will be the world's biggest palm oil producer as the country prefers to place extra focus on palm oil that is sustainably produced, a Malaysian palm oil official said Monday.
POTS 2008 Set To Further Boost Palm Oil Exports
14/04/2008 (Bernama), Dubai -- The first Malaysia-United Arab Emirates (UAE) Palm Oil Trade Fair & Seminar 2008 (POTS 2008), which will be held here on May 26-27, is set to further enhance business opportunities in the Gulf region.
CPO, commodities’ prices drive inflation
14/04/2008 (The Edge Daily), Kuala Lumpur - Prices of commodities appear to have been caught up in the upward draught of palm oil and soybean oil prices.
Malaysia Concerned About Negative Carbon Debt Campaigns On Palm Oil Industry, Says Peter Chin
14/04/2008 (Bernama), Kota Kinabalu - Malaysia is greatly concerned by the negative campaigns targeted at the palm oil industry especially with regard to the distorting views on carbon debt, said Minister of Plantation Industries and Commodities, Datuk Peter Chin Fah Kui.
