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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
Let’s depend more on our own workers
15/12/2010 (Sun2Surf) - FINALLY it is beginning to dawn on us that we actually need the foreign workers that many of us have been complaining about and who some of us have occasionally abused. The sector that has sounded the alarm first that it is short of workers is the palm oil industry and there is talk that the construction sector may begin to experience a shortage as well.
Edible oils up on seasonal demand
14/12/2010 (Business Standard) - Select edible oil prices rose up to Rs 50 per quintal in the wholesale oils and oilseeds market today on continued buying by vanaspati millers for the marriage season, amid firming global trend.
Argentine soybean forecast cut as La Nina bites
14/12/2010 (Agrimoney.com) - Persistent dry weather in Argentina has prompted Oil World analysts to ditch their sanguine position on the country's soybean crop, warning of a "rapid" deterioration and cutting their production forecast.
Domestic Refined Soya Oil Off Intraday High As CPO Ends Down
14/12/2010 (India Infoline) - Indian Refined Soya Oil futures came off from the intraday high on some profit taking lead by slump in the Malaysian CPO futures. NCDEX Refined Soya Oil gained during the early sessions on fresh buying amid firm global cues and lower imports and stocks in the first month of the new oil year.
Palm oil-into-biodiesel is heart of Hawaii\'s green energy future
14/12/2010 (Star Advertiser) - Hawaiian Electric Co. has announced plans to build a facility to convert palm oil into biodiesel. The biodiesel will contribute badly needed and affordable fuel for the utility to provide electricity to Hawaii's people. The biodiesel will help offset Hawaii's dependence on other imported energy sources. Hawaii's Public Utilities Commission has approved the plan, including specific sustainability commitments.
Sarawak to cut down 1 million ha of rainforest for palm oil
14/12/2010 (Mongabay.com) - The government of Sarawak aims to convert more than 1 million hectares (2.5 million acres) of tropical forest by 2020, according to the Malaysian state's Land Development Minister, James Masing.
Palm oil price hits 30-month high
14/12/2010 (The Star Online), Petaling Jaya - Inventory levels and the La Nina weather patterns will determine the price of palm oil, which hit a 30-month high yesterday.
Opinion Piece Defends Palm Oil Biodiesel
14/12/2010 (Domestic Fuel) - A decision by Hawaiian Electric Co. (HECO) to build a biodiesel plant that will convert palm oil into biodiesel to be used by the utility to produce electricity has garnered the ire of some environmentalists, who decry the use of palm oil for the green fuel.
Sarawak to increase oil-palm landbank
11/12/2010 (The Star Online), KUching - The Sarawak Government will continue to add to its existing 1mil hectares land bank earmarked for oil palm plantations, once more native customary rights (NCR) land titles are issued.
