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MPOB Monthly Report Imminent: Malaysia's Palm Oil Stockpiles May Surge Past 2.6 Million Tonnes as Strong El Niño Fuels Distant-Month Supply Cut Expectations
Malaysia’s palm oil stocks rise in July despite 14.5pc jump in exports
Malaysian end of July palm oil stocks hit near two-year high
CPO futures end mostly higher on soybean oil gains
Global veg oil market moving beyond demand-supply norms
25/02/2008 (The Hindu Business Line), Mumbai - It is not unusual for vegetable oil prices to spike days ahead of the global industry’s calendar event — Palm and Lauric Oils Price Outlook held in Kuala Lumpur at this time of the year. We have seen it happen in the past. This year is no different. The market for both palm and soya oils has reached the stratosphere, with prices continuing to record new highs from time to time.
Bigger Palm, Lauric Oils Conference This Year
26/02/2008 (Red Orbit) - The three-day Palm and Lauric Oils Conference (POC) 2008, which started yesterday, will see more than 1,600 delegates gathering in Kuala Lumpur, surpassing last year's number of 1,500.
Rabobank: Cost of feedstocks for biodiesel too high
26/02/2008 (The Edge Daily), Kuala Lumpur - The current prices of feedstocks were too high to make biodiesel's production cost at a competitive level, says Dutch cooperative bank Rabobank International in the Palm Oil Conference 2008 held here on Feb 26.
Biofuel demand to push agri commodities prices higher
27/02/2008 (The Star Online), Kuala Lumpur - Strong demand for biofuels will be the catalyst driving prices of agriculture commodities higher.
Godrej in JV with Malaysian firm for oil palm
26/02/2008 (Commodity Online), Mumbai - Godrej Industries has formed a JV with IJM Plantations of Malaysia to further improve their prospects in oil palm business.
Biodiesel\'s rise and robust China demand push palm oil higher
26/02/2008 (Financial Times) - The price of palm oil jumped nearly 6 per cent yesterday to reach a record high on the Bursa Malaysia derivatives exchange, boosted by strong demand from China and India.
Jumbo Jet No Longer Biofuel Virgin after Palm Oil Fuels Flight
25/02/2008 (Scientific American) - Virgin Atlantic became the first commercial airplane operator to fly a plane powered partially by palm tree oil this week. In a short but historic flight, one of the company's Boeing 747-400s flew more than 200 miles (320 kilometers) from London Heathrow Airport to Schiphol Airport in Amsterdam, reaching a peak altitude of 25,000 feet (7,600 meters) during the 40-minute flight, with one of its four engines burning a blend of 20 percent coconut and babassu oils mixed with regular petroleum-based jet fuel.
Pakistan looking to buy 200,000 tonnes of palm oil
27/02/2008 (The News - International, Pakistan), Kuala Lumpur - Pakistan is looking to buy around 200,000 tonnes of palm oil from Malaysia and Indonesia for April and May shipments, a top industry official said on Tuesday.
Edible oil industry wants vegetable oils under PDS
24/02/2008 (The Economic Times), New Delhi - In the wake of prices of cooking oils skyrocketing, making them unaffordable to the poor, an edible oil trade body has suggested the government to subsidise the vegetable oils for supply through the public distribution system.
