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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
The other oil crisis
03/09/2009 (Business Standard), New Delhi - Edible oil imports are expected to surge 10 per cent in the new oil year that begins in November, despite the expectations of higher domestic output this kharif. This is a matter of concern, as the imports will be required at a time when global edible oil prices are on the upswing due largely to their diversion to bio-fuel production. The projected scale of imports will also take total Indian imports beyond 5.2 million tonnes, from 4.7 million tonnes this year, as a result of which global markets are likely to stay bullish on prices. The import bill is expected to swell to a whopping Rs 15,000 crore, and may end up being even bigger if prices scale new highs, as some analysts fear.
Glenealy to expand oil palm business in Sarawak
31-08-2007 (The Edge Daily) - KUALA LUMPUR: Glenealy Plantations (Malaya) Bhd is set to expand its oil palm plantation business in Sarawak with the proposed sub-licensing of a 21,123ha oil palm compartment in Bintulu and 40,684ha tree plantation compartment in Bintulu and Kapit for RM19.2 million and RM21.6 million respectively.
Ethanol fuels the United States presidential candidates
1/09/2007 (The Point, Edition 276/1) - Do not expect to hear much talk about farming from the presidential candidates who regularly tour Iowa, which traditionally holds the earliest primaiy contest and is one of the country’s premier agriculture states.
MPOB To Make Oil Palm Genome Study A National Project
29/08/2007 (Bernama), Kuala Lumpur - The Malaysian Palm Oil Board (MPOB) plans to make oil palm genome study a national project in its move to boost the country's oil palm yield amid the current land limitations.
India eyes more edible oil cargoes before new crop
29/08/2007 (Reuters), Kuala Lumpur - India is expected to buy 1.5 million tonnes of edible oils in the last three months of the oil year to October to meet surging festive demand, a top industry official said on Wednesday, 29 August.
Palm oil mills dumping waste, minister promises action
29/08/2007 (The Star Online), Kota Kinabalu - Some palm oil mill operators are allegedly dumping waste into Sabah rivers, prompting a pledge from a state minister to personally track down these "recalcitrants."
Indonesia plans to scrap palm oil VAT
30/08/2007 (Reuters), JAKARTA - Indonesia plans to scrap a 10 percent value-added tax (VAT) on crude palm oil sold to cooking oil processors and peg a tax on palm oil exports to global prices to ease local cooking oil prices, Agriculture Minister Anton Apriyantono said on Wednesday.
Palm Oil Yield To Expand By Up To 25 Tonnes With New Technologies
29/08/2007 (Bernama), Kuala Lumpur - The average yield of oil palm fresh fruit bunches (FFB) is expected to increase by up to 25 tonnes per hectare per year with the application of new technologies, the Malaysian Palm Oil Board (MPOB), said today.
Palm Oil Use Increases In U.S. Food Industry
29/08/2007 (Bernama), Kuala Lumpur - The trans fatty acids (trans fats or TFA) issue in the U.S. has prompted a significant increase in palm oil use by the food industry in that country, a top official of the Institute of Shortening and Edible Oils (ISEO) in Washington said today.
