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AI boom is turning Malaysia’s palm oil estates into data centres
CPO prices to stay elevated on firm demand and tight supply
CPO price dip seen as temporary, stocks to rise in November: CIMB Securities
Malaysia lowers December crude palm oil reference price, maintains duty at 10%
Declining Stockpiles in Malaysia Lifts Palm Oil Futures for 2nd Straight Week
13/01/2009 (The Jakarta Globe), Singapore - Palm oil futures in Malaysia headed for a second week of gains as stockpiles in the world’s second- biggest producer of the commodity dropped to a nine-month low.
India Buy More Palm Oil From Malaysia
12/02/2009 (Bernama), New Delhi - India's Commerce and Industry Minister Kamal Nath has assured that the country will import more palm oil from Malaysia, which is now a leading exporter to the sub-continent economy.
Malaysian Exports Post Biggest Drop in Almost 7 Years
12/02/2009 (Bloomberg) - Malaysia’s exports fell the most in almost seven years in December as electronics and commodities sales slid amid dwindling global orders.
Lower inventories fail to lift CPO prices
12/02/2009 (The Star Online), Petaling Jaya - Declining palm oil inventories and lower production in January failed to lift crude palm oil (CPO) prices yesterday, with the benchmark April CPO contract losing RM44 to RM1,925 per tonne on Bursa Malaysia Derivatives.
Biscuit baker cuts sat fats
11/02/2009 (Bakery Info) - Paterson Arran has been named the first company to be part of the HGCA’s Supply Chain Partnership Innovation Showcase. The initative has been devised to help promote best practice in the cereals supply chain in innovation, cost and price, transport, materials testing and communication and collaboration.
India Edible Oil Import to Rise as Palm Oil Declines
11/02/2009 (Bloomberg) - India, the world’s biggest buyer of vegetable oils after China, may import 14 percent more cooking oil in the year to October because of a drop in palm oil prices.
Sustainable agriculture standards – can we not see the forest for the trees?
11/02/2009 (CSR Asia) - Some of the World’s most prominent sustainable agriculture standards are coming under attack – their credibility and viability threatened by large international NGOs that are fed up with slow progress. But can these attacks create such confusion and mistrust that companies give up and go back to the less-than-sustainable “old ways�
Minister: B5 to be fully implemented by 2010
11/02/2009 (Daily Express, Malaysia), Kuala Lumpur - Usage of the mandatory blending of five percent palm oil with diesel (B5) will be fully implemented by 2010, according to Plantation Industries and Commodities Minister Datuk Peter Chin.
Biodiesel scheme will be a success, says MPOB
11/02/2009 (Daily Express, Malaysia), Tawau - Malaysia Palm Oil Board (MPOB) Director General Datuk Dr Mohd Basri Wahid admits it is struggling to carry out the biodiesel (B5) scheme nationwide.