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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%
India Weighs Edible Oil Tax Reduction, More Imports
05/02/2008 (Bloomberg) - India, the world's biggest buyer of vegetable oil after China, may cut import duties on cooking fat or increase purchases on global markets, bolstering prices.
FFC told to keep prices of edible oil under control
07/02/2008 (The Dawn, Pakistan) - While the flour crisis has eased, the government is fearing a rise in prices of cooking oil and ghee, prompting President Pervez Musharraf to ask the Federal Food Committee (FFC) to take immediate steps to keep the prices of edible oil, sugar and pulses under control.
Ghee and cooking oil: Increasing prices, declining demand
09/02/2008 (The Daily Times, Pakistan), Karachi - The sale of ghee and cooking oil has declined considerably in the wake of an unabated cycle of upward revision in prices by their manufacturers, which squeezed the purchasing power of consumers.
India, Indonesia race to curb edible oil prices
07/02/2008 (LiveMint.com), Dubai - No sooner did Indonesia signal higher export taxes on palm oil than India said it may cut import duty. The moves by the two governments highlight the struggle to contain living costs for their 1.3 billion people.
Government approves B4 price increase for palm oil
29/01/2008 (The Bangkok Post) - Bowing to complaints from refiners about rising raw material prices, the Internal Trade Department yesterday approved an increase in cooking palm oil prices by four baht per litre. Yanyong Phuangrach, the department's director-general, said the price would be raised from 43.50 baht per one-litre bottle to 47.50 baht to reflect rising costs of processors.
Cameroon: Commerce Delegate Seizes Hoarded Palm Oil
28/01/2008 (AllAfrica.com) - The Menoua Divisional Delegate of Commerce and Industries recently cracked down on palm oil dealers in Dschang.
Palmolien oil prices fall
28/01/2008 (The Hindu Business Line), New Delhi - Prices of palmolien oil declined by Rs 50 in the wholesale oil and oilseed market on Monday on stockists selling. However, prices of other edible oils moved in a tight range on small bouts of trade and settled at previous levels. Palmolien r bd moved down by Rs 50 to settle at Rs 5,800 a quintal on reduced offtake.
Edible oil prices drop
28/01/2008 (Commodity Online) - On Monday, global edible oil complex were pressurized by weak export data from Malaysia. Weakness in crude oil prices also dampened the market sentiments, as the oil prices play a part in directing the edible oil prices as it is also used as a raw material for biofuels.
Jatropha: the answer to oil woes
28/01/2008 (The New Vision, Uganda) - AS the volatile Middle East continues to affect global oil supply, countries like Uganda are chocking on heavy oil import costs. Crude fossil oil prices touched $100 (sh171,000) per barrel this year and are expected to reach the $150 (sh256,500) mark in two years.
