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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
EU must say no to palm oil for energy and transport fuel09 October 2007
09/10/2007 (EU Business) - Green campaigners warned today that proposals for certifying palm oil as sustainable are flawed. As the Round Table for Sustainable Palm Oil (RSPO) presented proposals to label sustainable palm oil, Friends of the Earth groups staged an installation of screaming tree stumps outside the meeting in Brussels, representing the current environmental violations caused by producing palm oil.
India invites bids for oil import
09/10/2007 (Xinhua) - India's state-run trading firm MMTC has invited bids for import of 21,000 tons of edible oil, the company said Tuesday.
Crude oil factors to support bio-fuel demand
08/10/2007 (The Hindu Business Line), Mumbai - A sudden surge in bio-fuel demand has transformed the agri-commodity landscape in the last couple of years. Against the backdrop of compelling factors such as continued strong demand for energy and fuel requirements, increasing oil prices and all-encompassing demand from the burgeoning economies of China and India for fuel and other commodities, bio-fuels are here to stay, according to a report prepared for the Singapore regional office of ASA International Marketing.
Govt policy on palm oil a \'car crash\'
08/10/2007 (The Age) - Conservation group the Humane Society International (HSI) says a new federal government move to check sources of palm oil importations has focused attention on a burgeoning deforestation problem in tropical countries.
Sri Lanka to impose import taxes on raw and processed palm products
07/10/2007 (Colombo Page), Colombo - Sri Lanka's Ministry of Plantation Industries has decided to introduce import taxes on both processed and raw palm products.
REFILE-ANALYSIS-Green fuels will save the earth - or not
05/10/2007 (Reuters), HONG KONG - The earth is too small to accommodate all the biofuels projects envisioned for the globe, and this raises doubts whether green fuels will ever play a big role in weaning the world off crude oil.
Australia\'s Canola Harvest Forecast Cut 15% on Dry Weather
09/10/2007 (Bloomberg) - Australia, the world's third-largest canola exporter, may produce 15 percent less of the oilseed than earlier forecast after dry weather hurt crops in New South Wales state, eroding the benefit of higher export prices.
Overweight on plantations, focus on small and mid-cap stocks
09/10/2007 (The Edge Daily) - ASEAMBANKERS Equity Research expects palm oil prices to stay firm over the next 12 months with the potential to test RM3,000 per tonne. This was against its earlier anticipation of softer palm oil prices of RM2,200-RM2,400 level as production enters seasonally higher production months and amidst significant production recovery from dry spell experienced earlier in the year.
MMTC to import 21,000 tonnes of edible oil
09/10/2007 (The Hindu), New Delhi - Government-owned trading firm MMTC has invited bids for import of 21,000 tonnes of edible oil to meet the rising demand during the festive season.
