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Palm ends at 17-week low, market awaits MPOB’s data
AI boom is turning Malaysia’s palm oil estates into data centres
CPO Futures End Higher On Firmer Soybean Oil Prices
CPO prices to stay elevated on firm demand and tight supply
INTERVIEW-Indonesia\'s end-08 palm oil stocks seen up 67 pct
04/11/2008 (Reuters), Jakarta - Stocks of crude palm oil in Indonesia, the world's largest producer of the commodity, could swell 67 percent this year, boosted by higher output and defaults by foreign buyers, an industry official said on Tuesday.
Palm oil price unlikely to rise in 2 years
04/11/2008 (Business Times) - THE price of palm oil, which has plunged 64 per cent from its March record, is unlikely to advance for two years as a possible global recession risks cutting demand for commodities, Aseambankers Malaysia Bhd forecast.
PTT, Banchak to buy surplus of palm oil
04/11/2008 (Thaindian News) - Minister of Energy stated oil companies have been prepared to buy over one million litres of raw palm oil from farmers starting this week, while officials of three relevant ministries-agriculture and cooperatives, commerce and energy will meet today (November 4) to map out measures to resolve the prevailing low palm oil’s price.
Import taxes on palm, soybean oil may be re-imposed
04/11/2008 (Business Standard) - India, the world’s largest buyer of vegetable oils after China, may consider reinstating import duties on palm and soybean oil to protect oilseed farmers as cheap grades from overseas flood the local market.
India to decide on veg oil import tax on Tuesday
03/11/2008 (Reuters), New Delhi - Indian ministers will consider on Tuesday whether to raise import taxes on edible oils and allow exports as a slide in global prices threatens local producers, a leading trade official said.
Slash in palm oil prices hurts PDS dealers
03/11/2008 (Express Buzz) - The price of cooking oil, which was beyond the reach of common man till yesterday, has crashed suddenly much to the relief of house-makers and hotel industry.
Dutch Firms In M\'sia Doing Well, Says Envoy
03/11/2008 (Bernama), Kuala Lumpur - Dutch companies operating in Malaysia are doing well amid the global economic slowdown following the U.S. credit market crunch, said the Netherlands Ambassador to Malaysia Lody Embrechts.
Farm sector urges govt to draw up
03/11/2008 (The Nation, Business) - Concerned agricultural assoฌciations have called on the government to draw up a "national agenda" for the farm sector to shield onethird of the country's population from fluctuating prices and unpredictable factors to achieve sustainable development.
Ghee prices still high despite palm oil dip
03/11/2008 (The News, International), Lahore - It seems the federal government’s decision to fix ghee price at Rs 98 per kilogram is not being observed as low quality ghee brands are still being sold for Rs 100 and famous brands for over Rs 110 per kilogram, The News has learnt.