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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
Greenpeace stops palm oil shipments from leaving Indonesia
11/11/2008 (Taiwan News) - Environmental group Greenpeace said Monday it had stopped several palm oil shipments from leaving Indonesia and called for an end to forests and peatlands being destroyed to make way for plantations.
Government Targets To Replant 200,000 Hectares Of Old Oil Palm
11/11/2008 (Bernama), Bangi -- The Ministry of Plantation Industries and Commodities has target 200,000 hectares of oil palm for the replanting scheme, which will involve trees of more than 25 years old.
Cautious outlook on palm oil sector
11/11/2008 (The Star Online), Kuala Lumpur - HwangDBS Vickers Research is maintaining a cautious stance on the palm oil sector and believes the recent recovery in the crude palm oil (CPO) price might not last.
Greenpeace Prevents Palm Oil Shipment
10/11/2008 (Greenpeace), Indonesia - Greenpeace activists today prevented a palm oil shipment from departing for Europe from Dumai, Indonesia's main palm oil export port, to protest against the ongoing destruction of Indonesia's forests.
New plantations to drive demand for palm oil mills
11/11/2008 (The Star Online), Petaling Jaya - CB Industrial Product Holding Bhd (CBIP) expects its business of designing and building palm oil mills to grow by 50% next year.
AP to reduce palm oil price for white card holders
10/11/2008 (Money Control), Hyderabad - The Andhra Pradesh Government has decided to reduce the palm oil price being distributed to White Card holders through fair price shops to Rs 35 a litre from the present Rs 45 immediately. The decision was taken by Andhra Pradesh Chief Minister, Dr Y.S. Rajasekhara Reddy, after a meeting with officials of the Civil Supplies, Marketing and Horticulture here on Monday.
10/11/2008 (AFP), Jakarta — Environmental group Greenpeace said Monday it had stopped several palm oil shipments from leaving Indonesia and called for an end to forests and peatlands being destroyed to make way for plantations.
Expert: Palm oil prices have reached the floor
10/11/2008 (Xinhua), Kuala Lumpur - Vegetable oils forecast expert Thomas Mielke believes palm oil prices have bottomed out and expects sharp increases ahead, Malaysian media reported on Monday.
IOI Corp up 1st time in 3 days
10/11/2008 (Business Standard) - IOI Corp (1961), the world’s second- biggest palm-oil producer, gained for the first time in three days in Kuala Lumpur trading after profit beat some estimates and analysts said the stock is undervalued.
