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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%
Thailand to import palm oil amid shortage fears over biofuel
16/01/2008 (Forbes), Bangkok - Thailand will import 30,000 metric tons of palm oil over the next month to ease fears of a shortage due to its growing use in biofuels, commerce minister Krirk-Krai Jirapaet said Wednesday.
Biodiesel squeezes palm supply
15/01/2008 (The Bangkok Post) - Palm oil prices have jumped sharply in recent months, leading authorities to consider a ban on exports. Palm oil is a raw material for cooking oil, the food industry and as an alternative fuel.
Edible oil prices surge again
16/01/2008 (The Daily Times, Pakistan) - KARACHI: The local edible oil prices surged on higher import cost of crude palm oil which stood around $1,042 per tonne in the international market, after a new all time high world record prices a day earlier, the importers and millers said here on Tuesday.
Vegetable oil imports fall 25% in Dec \'07
15/01/2008 (The Economic Times), New Delhi - India’s vegetable oil imports dipped by 25% during December 2007, on better crushing and domestic availability of the commodity, the Solvent Extractors’ Association of India (SEA) said on Tuesday.
Palm oil price rises above RM3,400
15/01/2008 (The Star Online), Petaling Jaya - Crude palm oil (CPO) futures on Malaysia Derivatives Exchange hit a new record of above RM3,400 per tonne yesterday on supply concern amid surging world demand for food and biodiesel consumption.
Indonesia to switch 10 pct petroleum to biofuel
15/01/2008(ANTARA News), Jakarta - Indonesia plans to substitute around 10 percent of its fossil fuel transport consumption with biofuel products by 2010, a senior government official said on Monday.
Cooking palm oil prices may be capped
15/01/2008 (The Bangkok Post) - The Commerce Ministry yesterday threatened to set a ceiling for retail prices of cooking palm oil if it found traders were hoarding the product.
Imports could stall price hike
12/01/2008 (The Bangkok Post) - The government plans to import 60,000 tonnes of crude palm oil to solve a supply shortage and hopes the measure will have a positive psychological effect on the industry.
MPOB likely to introduce palm oil-blended diesel
14/01/2008 (My Iris) - Malaysian Palm Oil Board (MPOB) is likely to launch palm oil-blended diesel in the local market this year to save the domestic bio fuel industry.
