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MPOB Monthly Report Imminent: Malaysia's Palm Oil Stockpiles May Surge Past 2.6 Million Tonnes as Strong El Niño Fuels Distant-Month Supply Cut Expectations
Malaysia’s palm oil stocks rise in July despite 14.5pc jump in exports
Malaysian end of July palm oil stocks hit near two-year high
CPO futures end mostly higher on soybean oil gains
Jakarta: Indonesia Moves To Help Weakening Rupiah
29/10/2008 (Sin Chew Jit Poh), Jakarta - The Indonesian government and central bank on Tuesday (28 Oct) unveiled a series of measures to bolster foreign exchange reserves and market confidence, just as the rupiah hit a seven-year low of 11,900 against the US dollar.
Malaysia\'s measures to restore confidence
03/11/2008 (The Star Online) - Govt to focus on projects with high multiplier effects.
Biotec aims to decipher palm oil\'s genetic code
03/11/2008 (Bangkok Post) - Biotec, the national biotechnology agency, aims to unlock palm oil's genetic code within five years after making progress with blue-green algae, says researcher Somvong Tragoonrung.
Efficacy of India-Asean FTA far from clear
03/11/2008 (Business Standard) - The negotiations for a free trade agreement (FTA) between India and Asean (Association of South East Asian Nations) were concluded in August this year, but the FTA may not come into effect from January next year, as some of the Asean member countries may delay its ratification.
Palm oil import defaults: Indonesian suppliers to seek Indian Govt help
02/11/2008 (The Hindu Business Line), Mumbai - Angered by large-scale defaults committed by Indian importers including some well-known corporates and State agencies, a group of overseas suppliers of edible oil has decided to move the Indian Government for action against the alleged defaulters.
Veg oil duty hike unlikely to benefit growers and consumers
01/11/2008 (The Hindu Business Line), mumbai - The country’s edible oil trade is in a heightened state of expectation about an imminent increase in customs duty on various imported oils such as palm and soya.
Indonesian Government Urged To Save Oil Palm Growers From Bankruptcy
01/11/2008 (Bernama), Jakarta - After exempting crude palm oil exporters from export fee in the wake of the global economic crisis, the Indonesian government has been urged to save self reliant oil palm growers in some provinces from bankruptcy, ANTARA news agency reported.
Palm oil contract defaults to rise
31/10/2008 (The Star Online) - Contract defaults on palm oil are expected to rise further in the next three months due to the current sharply discounted crude palm oil (CPO) prices.
Govt in Catch-22 situation on edible oil duty revision
30/10/2008 (Business Standard) - After battling hard to bring down prices of oilseeds, the government finds itself in a piquant situation on the prices front ahead of the state and federal elections.
