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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%
Higher palm oil prices propel Wilmar\'s Q3 earnings to US$195m
14/11/2007 (Channel News Asia), Singapore - Agribusiness group Wilmar International said its third quarter earnings nearly tripled on year, rising 175 percent to US$195 million.
Jardine Cycle\'s Net Rises on Indonesia, Palm Oil
14/11/2007 (Bloomberg) - Jardine Cycle & Carriage Ltd., Singapore's biggest car-seller by market value, said third- quarter net income rose 76 percent because of a recovery in Indonesia's auto market and higher palm oil prices.
Indian Oilseed Output May Decline, Boosting Palm Oil
14/11/2007 (Bloomberg) - India's oilseed output may decline this year as dry weather in the state of Rajasthan, the nation's biggest mustard-grower, curbs winter plantings, further boosting purchases of alternatives such as palm oil.
PPB Oil to focus on increasing production
15/11/2007 (The Star Online), Kota Kinabalu - Following its merger with Wilmar International Ltd, PPB Oil Palms Bhd will focus mainly on improving production and yield, said managing director Khoo Eng Min.
Sugar Maker To Produce Palm Oil
14/11/2007 (Pacific Magazine) - Papua New Guinea sugar maker Ramu Sugar Ltd (RSL) is set to produce its first crude palm oil next month.
MPOC unveils 5-year branding, marketing strategy
13/11/2007 (The Edge Daily), Kuala Lumpur - Malaysian Palm Oil council (MPOC) has unveiled a five-year branding and marketing strategy to improve the country's image as the world’s largest net exporter of palm oil.
Market access issue holds up India-Asean free trade pact
13/11/2007 (The Economic Times), New Delhi - Negotiations on the India-Asean free trade agreement (FTA) are unlikely to witness any progress at the third East Asia Summit (EAS) beginning next week in Singapore. Prime Minister Manmohan Singh, who will represent India at the summit, has been briefed by the commerce department on the current impasse in negotiations.
Kerala seeks ban on palm oil import
13/11/2007 (Statesman News Service), Thairuvananthapuram - Kerala agriculture minister Mr Mullakkara Ratnakaran is in New Delhi to convince Mr Sharad Pawar, Union agriculture minister, that a ban on palm oil import through the ports of south India is in the coconut farmers’ best interest.
Indonesia to consolidate palm oil, coffee and rubber estate companies
12/11/2007 (International Herald Tribune), Jakarta - Indonesia, the largest palm oil producer in the world, plans to set up a holding company for its 14 state-owned plantation owners, a proposal that may precede a share sale within two years.
