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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
Non-brand edible oil prices rise
05/11/2008 (The Daily) - Prices of non-brand edible oil increased by Tk 5-10 per litre in city markets in the last three days.
Palm oil agreement could lead to logging moratorium
04/11/2008 (Telegraph.co.uk) - The view that the Round Table on Sustainable Palm Oil (RSPO) is merely a way of making companies appear politically correct without making difference to de-forestation could be about to change if agreement on an important new resolution is reached.
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.
