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Malaysia's total palm oil stocks surge 24.54% to 3.51mil tonnes in Sept
CPO Futures Close Lower On Weaker Soybean Oil Prices
Palm oil falls to 11-week low on weak exports, rising output
CPO Futures End Lower In Line With Weak Regional Vegetable Oil Markets
Higher CPO production for Malaysia
25/07/2008 (The Edge Daily), Kuala Lumpur - Malaysia’s crude palm oil (CPO) production may increase to 17 million tonnes this year from an initial forecast of 16.2 million tonnes due to improved palm oil production, Plantations Industries and Commodities Minister Datuk Peter Chin said.
Edible oil still expensive in Pakistan
25/07/2008 (The News, International), Karachi - Pakistani manufacturers of edible oil are holding back the benefits of a sharp fall in international price of palm oil as consumers continue to suffer from worst inflation in decades, industry people told The News on Thursday.
GOV`T LOSES $9M ANNUALLY - Through tax evasion by cooking oil importers
24/07/2008 (Ghanaian Chronicle) - The Chief Executive Officer (CEO) of Unilever Ghana Limited, Charles Alexander Coffie, has disclosed that the government of Ghana loses about $9 million in revenue every year, through illegal activities of some cooking oil importers in the country.
RSPO accreditation for four firms?
24/07/2008 (The Edge Daily), Kuala Lumpur - Four Malaysia-based plantation companies — IOI Corp Bhd, United Plantations Bhd, Kulim (M) Bhd and Sime Darby Bhd — are likely to secure the Roundtable for Sustainable Palm Oil (RSPO) certification in the next few weeks, industry sources said.
PTT Chemical Buys Half of Cognis Oleochemicals
23/07/2008 (Red Orbit) - THAILAND'S PTT Chemical Public Co Ltd has bought a stake in Cognis Oleochemicals Sdn Bhd, making it the new partner for Sime Darby Plantation Sdn Bhd.
Palm Oil Control Board Advocated
24/07/2008 (The Ghanian Times) - The Customer Development Manager of Unilever Ghana, Mr Kwaku Boateng, has called for the establishment of a palm oil control board, to oversee the affairs of palm oil in the country.
Samsung to Invest $1.63 Billion in Indonesian Biodiesel Project
23/07/2008 (Gas2.0) - According to an article in the Jakarta Post, an official from the Indonesian government has spilled the beans on Samsung’s plans to invest up to $1.63 billion dollars in what’s sure to be a controversial acquisition of land for growing oil palms and construction of a biodiesel plant in Indonesia.
For the greener good
24/07/2008 (The Hindu Business Line) - Find alternatives to driving whenever possible by taking public transport, by telecommuting, carpooling, walking or biking while doing errands to keep the air and yourself fit and healthy.â€
Malaysian palm oil slumps to 7-½ mth lows
23/07/2008 (Reuters, India), Kuala Lumpur - Malaysian crude palm oil futures dived nearly 6 percent to plumb more than 7-1/2-month lows on Wednesday as weakness in crude oil seeped into vegetable oil markets across the globe.
