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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
Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
Govt may impose import duty on palm oil
22/12/2008 (My Iris) - The government will consider imposing import duty on crude palm oil in order to protect Indian oilseed industry amid a steep fall in international prices, commerce and industry minister Kamal Nath revealed after the meeting representatives of the edible oil industry.
Palm Oil Seedlings Sought in Three Countries
22/12/2008 (TEMPO Interactive), Jakarta - The Forum for Seeds Producers Cooperation is preparing a plasma program to seek superior palm oil seeds in Angola, Nigeria and Brazil. "The previous program in Cameroon was successful. The program is scheduled to be continued in the three countries," said Forum chairman Dwi Asmono following a meeting at the Agriculture Department last Friday.
Incentives needed to encourage listing on palm oil indices
22/12/2008 (The Edge Daily), Kuala Lumpur - Palm oil indices will add little value to plantation companies if they offer no incentives for palm oil players to list on the index, fund managers and analysts said.
Govt. to consider import duty levy on crude palm oil
21/12/2008 (The Hindu), New Delhi - The government will consider imposing duty on crude palm oil imports as suggested by the industry, Commerce and Industry Minister Kamal Nath has said.
Ceiling price on fertiliser?
19/12/2008 (Business Times) - The government may make imported chemical fertiliser a controlled item, placing a ceiling on its price so as to ease oil palm planters' burden.
Sarawak oil palm planters seek respite from Government
19/12/2008 (The Star Online), Putrajaya - Sarawak oil palm planters, badly hit by the sharp fall in crude palm oil (CPO) prices, want the Government to give them some breathing space by waiving the windfall profit tax, lowering the cess and sales taxes, and regulating high fertiliser prices.
Production Of Crude Palm Oil Exceed 17 Million Tonnes This Year, Says Chin
17/12/2008 (Bernama), Kuala Lumpur - The country's production of crude palm oil for the year is expected to exceed 17 million tonnes, said the Minister of Plantation Industries and Commodities Datuk Peter Chin Fah Kui.
Palm Oil to Pull Edible Oil Prices Upwards - Oil World
17/12/2008 (Reuters), Hamburg - Global palm oil prices are likely to rise in coming months and will help strengthen other vegetable oil markets, Hamburg-based oilseeds analyst Oil World said on Tuesday.
Shahrir: Price Of Cooking Oil To Drop If Palm Oil Price Dips Below RM1,500 A Tonne
18/12/2008 (Bernama) - Domestic Trade and Consumer Affairs Minister Datuk Shahrir Abdul Samad said today the price of cooking oil was dependent on the price of palm oil in the international market, and that it could drop if the palm oil price fell below RM1,500 a tonne.
