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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
Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
High palm, soy prices to limit November imports
23/10/2007 (Daily Times Pakistan), New Delhi - Sharply higher global prices of palm and soy oil will limit edible oil imports next month by private trade in India, the world’s leading buyer, despite lower oil stocks at the ports, traders said on Tuesday.
Govt may aid edible oil imports
24/10/2007 (Business Standard) - India, the world’s second-biggest vegetable oil buyer, may ask state trading firms to import more edible oils, rather than cut tariffs to boost local supplies, said Dorab Mistry, director at Godrej International.
Global palm oil market to hot up with Nafed move
23/10/2007 (Commodity Online), Mumbai - Change is in the air for the National Agricultural Cooperative Marketing Federation of India Ltd’s (Nafed) ways of buying crude palm oil from the global market.
Don’t use edible oil for bio-fuel: SEA
23/10/2007 (Commodity Online), Mumbai - Discourage use of edible oil for bio-fuel production or face starvation. That is the message of Solvent Extractors’ Association of India (SEA) to the Indian government.
Edible oil for biofuel under attack
23/10/2007 (Business Standard) - The Solvent Extractors’ Association of India (SEA) has urged the government to discourage the use of edible oils, including rapeseed oil, palm oil and soybean oil, for biofuel as it would lead to a price rise in edible oils.
Experts work to save orangutans
22/10/2007 (The New Zealand Herald), Chicago - The remaining 62,000 orangutans in the wild could be wiped out within decades as forests in their Asian island habitat are decimated by loggers and palm oil farmers, say conservationists.
Palm oil demand wiping out world\'s orangutans
19/10/2007 (Chicago Sun-Times) - Studies conflict on the health benefits of palm oil, but experts meeting at the Brookfield Zoo said Thursday it's bad for one species: orangutans.
Coconut oil may not gain from ban
20/10/2007 (Business Standard) - The move to ban the import of palm oil through the Kochi port may not provide relief for the coconut oil sector, reeling under falling prices.
Record oil price boosts demand for biofuels but critics question the cost
19/10/2007 (AFX News Limited), KUALA LUMPUR - Record oil prices have boosted demand for biofuels as consumers and companies look for cheaper and cleaner energy sources, but there are growing concerns that the various substitutes for gasoline and diesel may be doing more harm than good.
