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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%
CPO price dip seen as temporary, stocks to rise in November: CIMB Securities
Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
Rabobank: Cost of feedstocks for biodiesel too high
26/02/2008 (The Edge Daily), Kuala Lumpur - The current prices of feedstocks were too high to make biodiesel's production cost at a competitive level, says Dutch cooperative bank Rabobank International in the Palm Oil Conference 2008 held here on Feb 26.
Biofuel demand to push agri commodities prices higher
27/02/2008 (The Star Online), Kuala Lumpur - Strong demand for biofuels will be the catalyst driving prices of agriculture commodities higher.
Godrej in JV with Malaysian firm for oil palm
26/02/2008 (Commodity Online), Mumbai - Godrej Industries has formed a JV with IJM Plantations of Malaysia to further improve their prospects in oil palm business.
Biodiesel\'s rise and robust China demand push palm oil higher
26/02/2008 (Financial Times) - The price of palm oil jumped nearly 6 per cent yesterday to reach a record high on the Bursa Malaysia derivatives exchange, boosted by strong demand from China and India.
Jumbo Jet No Longer Biofuel Virgin after Palm Oil Fuels Flight
25/02/2008 (Scientific American) - Virgin Atlantic became the first commercial airplane operator to fly a plane powered partially by palm tree oil this week. In a short but historic flight, one of the company's Boeing 747-400s flew more than 200 miles (320 kilometers) from London Heathrow Airport to Schiphol Airport in Amsterdam, reaching a peak altitude of 25,000 feet (7,600 meters) during the 40-minute flight, with one of its four engines burning a blend of 20 percent coconut and babassu oils mixed with regular petroleum-based jet fuel.
Pakistan looking to buy 200,000 tonnes of palm oil
27/02/2008 (The News - International, Pakistan), Kuala Lumpur - Pakistan is looking to buy around 200,000 tonnes of palm oil from Malaysia and Indonesia for April and May shipments, a top industry official said on Tuesday.
Edible oil industry wants vegetable oils under PDS
24/02/2008 (The Economic Times), New Delhi - In the wake of prices of cooking oils skyrocketing, making them unaffordable to the poor, an edible oil trade body has suggested the government to subsidise the vegetable oils for supply through the public distribution system.
India May Pay More for Edible Oil Imports as Prices Surge
25/02/2008 (Bloomberg) - India, the second-biggest buyer of vegetable oils after China, may spend more on imports of the commodity this year as it boosts purchases to ease a domestic shortfall amid record prices.
Another surge in ghee, oil prices in the offing
24/02/2008 (Daily Times, Pakistan), Karachi - There is respite for the ghee and cooking oil consumers as the manufacturers and importers of these commodities have decided to make yet another increase in their prices, which is most likely to be implemented in the next few days.
