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AI boom is turning Malaysia’s palm oil estates into data centres
CPO Futures Snap Two-Day Gains To Close Lower
Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
Palm Oil Output Surge In Oct, CPO Price Could Hit RM4500 In Dec: MPOC
Palm trees to oil farmers’ pockets
10/06/2009 (Daily Monitor) - Five years ago, some farmers in Kalangala District defied critics and planted palm trees on their land. They are about to reap from the risk they took.
FBD: India’s Vegetable Oils Import Up by 64%
09/06/2009 (Food Biz Daily) - India’s vegetable oils for first six months of the oil year 2008-09 shows an unusual increase by 64% to 4,292,088 tons from 2,611,829 tons for the same period of last year. Import during April, 2009 became double and is reported at 699,396 tons compared to 347,332 tons for April, 2008.
Recession forcing Europeans to opt for cheaper non-certified palm oil
09/06/2009 (The Star Online) - THE issue on the Roundtable on Sustainable Palm Oil (RSPO) certified palm oil not being able to fetch a good premium price in Europe has become fodder for constant debate lately.
Siphoning activity damaging nation’s image as quality palm oil producer
08/06/2009 (The Star Online), Petaling Jaya - Malaysia risks losing its reputation as a producer of top quality palm oil if rampant theft of the commodity goes unchecked.
India Must Raise Benchmark Import Price of Palmolein
05/06/2009 (Bloomberg) - India, the world’s biggest buyer of vegetable oils after China, must increase the benchmark import price of refined palmolein to prevent a glut of imported edible oils, the country’s second-biggest buyer said.
Cutback on palm oil exports to India likely
05/06/2009 (The Star Online), Petaling Jaya - Malaysia’s palm oil exports to India will likely register a cutback in the second half of this year due to India’s huge edible oils reserves and a possible re-imposition of import duties on vegetable oils, analysts said.
Unilever exerts further pressure on Sustainable Palm Oil Roundtable
04/06/2009 (Cosmetic Design Europe.com) - Unilever’s Chief Executive Officer Paul Polman has re-stated the importance of the Roundtable on Sustainable Palm Oil (RSPO) as a crucial measure in reducing deforestation.
Competitors behind palm oil slurs: industry boss
03/06/2009 (Reuters) - Western countries are using climate change as an excuse to constrain palm oil production in Asia because it competes with Western business interests, Indonesia's palm oil industry chief said on Wednesday.
What can you put on your face AND on your toast? Palm Oil.
03/06/2009 (Alternative Media Group) - Palm oil is now included in one out of every 10 products you’ll find on the supermarket shelf. That includes cosmetics, spreads and just about everything in between including detergents, chocolate and even bread. You probably won’t even know it’s there because the manufacturers aren’t obliged to tell you on the label.
