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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
Bio-fuelling the world’s hunger
03/01/2008 (The Hindu Business Line) - The soaring Sensex is as adrenalin to India Inc. Not many, however, seem to be unduly concerned about the galloping food prices. Almost everyone, from the Prime Minister downwards, is making pious noises on this score, without any tangible efforts to rein in the soaring prices.
Burning biofuels may be worse than coal and oil, say experts
04/01/2008 (Guardian Unlimited) - Using biofuels made from corn, sugar cane and soy could have a greater environmental impact than burning fossil fuels, according to experts. Although the fuels themselves emit fewer greenhouse gases, they all have higher costs in terms of biodiversity loss and destruction of farmland.
Smuggling \'cause of oil shortage\'
02/01/2008 (NST Online), Georgetown - Checks on the supply of cooking oil have begun following complaints of reduced supplies from wholesalers and retailers.
Palm oil slides into the spotlight
03/01/2008 (Euro2Day) - The prospect of crude oil staying above $100 a barrel is pushing the price of palm oil to record highs as the commodity is increasingly made into biodiesel, an often cheaper alternative to petroleum-based fuels.
Leading biofuels may be worse for environment than fossils fuels
04/01/2008 (Mongabay.com) - Biofuels made from world's dominant energy crops -- including corn, soy, and oil palm -- may have worse environment impacts than conventional fossil fuels, reports a study published in the journal Science.
Tri-State Biodiesel to Provide Biodiesel Fuel to NYC Mobile-Grocer FreshDirect
04/01/2008 (Earth Times) - New York City's first biodiesel company, Tri-State Biodiesel, is proud to announce that beginning today it will be filling FreshDirect's delivery trucks with clean-burning biodiesel blended fuel. The biodiesel fuel, which is made primarily from waste cooking oil collected from New York City restaurants, will be phased in to FreshDirect's fuel supply over the course of the next 2 months. By February 08, FreshDirect's entire fleet will be biodiesel powered, making it the largest private trucking fleet in the city to go biodiesel.
Indonesia`s CPO exports in November down
02/01/2008 (ANTARA News), Jakarta - The Central Bureau of Statistics (BPS) said that Indonesia`s CPO exports in November 2007 dropped drastically by 61 percent compared to that in October 2007.
‘First in the world’ US 400M integrated biofuel environmental industrial park to be built in Malaysia
03/01/2008 (CheckBiotech) - In a Joint Venture MOU signing ceremony between Malaysia State Government of Perak & Earth Biofuel (Asia) Sdn Bhd, it was announced the intention to build a “First-in-the-World†200 acres Biofuel Integrated Environmental Park in the State which will involve 900,000 carbon credit, a centralized treatment system for 4000 m3/hr industrial & biological waste water, methane gas recovery for 300,000 tonne/year landfill and R&D cum Training Centre generating about 30,000 jobs related to the Project.
Oil World sees rising Indian vegetable oils imports
02/01/2008 (Reuters), Hamburg - India is set to increase vegetable oils imports in coming months, especially of palm oil as its domestic oilseed production cannot cope with rising demand, Hamburg-based oilseeds analysts Oil World forecast.