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CPO price forecast to climb for rest of the year
CPO FUTURES HIT TWO-YEAR HIGH ON BULLISH SENTIMENT, STRONG EXPORTS
CPO price strength could dissipate through end-2024, says BMI
Positive growth for plantation sector, amid rising CPO prices
Biodiesel squeezes palm supply
15/01/2008 (The Bangkok Post) - Palm oil prices have jumped sharply in recent months, leading authorities to consider a ban on exports. Palm oil is a raw material for cooking oil, the food industry and as an alternative fuel.
Edible oil prices surge again
16/01/2008 (The Daily Times, Pakistan) - KARACHI: The local edible oil prices surged on higher import cost of crude palm oil which stood around $1,042 per tonne in the international market, after a new all time high world record prices a day earlier, the importers and millers said here on Tuesday.
Vegetable oil imports fall 25% in Dec \'07
15/01/2008 (The Economic Times), New Delhi - India’s vegetable oil imports dipped by 25% during December 2007, on better crushing and domestic availability of the commodity, the Solvent Extractors’ Association of India (SEA) said on Tuesday.
Palm oil price rises above RM3,400
15/01/2008 (The Star Online), Petaling Jaya - Crude palm oil (CPO) futures on Malaysia Derivatives Exchange hit a new record of above RM3,400 per tonne yesterday on supply concern amid surging world demand for food and biodiesel consumption.
Indonesia to switch 10 pct petroleum to biofuel
15/01/2008(ANTARA News), Jakarta - Indonesia plans to substitute around 10 percent of its fossil fuel transport consumption with biofuel products by 2010, a senior government official said on Monday.
Cooking palm oil prices may be capped
15/01/2008 (The Bangkok Post) - The Commerce Ministry yesterday threatened to set a ceiling for retail prices of cooking palm oil if it found traders were hoarding the product.
Imports could stall price hike
12/01/2008 (The Bangkok Post) - The government plans to import 60,000 tonnes of crude palm oil to solve a supply shortage and hopes the measure will have a positive psychological effect on the industry.
MPOB likely to introduce palm oil-blended diesel
14/01/2008 (My Iris) - Malaysian Palm Oil Board (MPOB) is likely to launch palm oil-blended diesel in the local market this year to save the domestic bio fuel industry.
Malaysia may launch palm diesel in \'08: MPOB chief
14/01/2008 (Reuters), Kuala Lumpur - Malaysia is likely to introduce palm oil-blended diesel in the local market this year to save the domestic biofuel industry, which has been hit by soaring feedstock prices, a top industry official said on Monday.
