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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
Biofuel boom endangers orangutan habitat
19/10/2008 (Los Angeles Times), Tanjung Puting National Park, Indonesia - In the rush to feed the world's growing appetite for climate-friendly fuel and cooking oil that doesn't clog arteries, the Bornean orangutan could get plowed over.
Colombia to have six palm biodiesel plants by 2009
18/10/2008 (EFE).- Colombia, the leading producer of palm oil in the Americas, will have six palm biodiesel plants by next year and plans to increase its share of the biofuels market, sources from the sector said.
Bright Side To Shaky Palm Oil Price, Say Analysts
17/10/2008 (Bernama), Nanjing - Palm oil's inherent economics and the global economic slowdown will serve as a bolster for its price which has plummeted sharply in recently months, analysts said at a Malaysia-China Palm Oil Fair and Seminar here yesterday.
Palm oil prices poised to plunge
17/10/2008 (Bangkok Post) - Prices of cooking palm oil will fall by as much as 20% from Nov 1, reflecting the decline in world prices resulting from an increase in palm nut supplies. The Commerce Ministry confirmed the reduction yesterday of its retail reference price for the oil to 38 baht a litre from 47.50 baht.
Indian traders call for import tax on edible oils
16/10/2008 (Reuters), New Delhi - India's vegetable oil traders have urged the government to impose an import tax and allow futures trading in soyoil following a slump in prices, a leading trade body said on Thursday.
Financial Crisis Woes Add To Gloom At Malaysia-China Palm Oil Seminar
16/10/2008 (Bernama), Nanjing - Sentiment was bearish at the Malaysia-China Palm Oil Seminar 2008 which opened here Thursday as Asian stock markets and crude oil price took another dive in heightened fears of a global recession following poor retail sales numbers from the United States.
FDA recalls skimmed milk with palm oil
16/10/2008 (Asia One Online), Thailand - The Food and Drug Administration yesterday ordered a nationwide recall of unsweetened condensed skimmed milk with a palmoil formula and products using the same ingredients after finding high melamine contamination at the Thai Dairy Industry's factory.
Seized palm oil substandard: report
15/10/2008 (The News - Internatinal) - Palm oil seized by the customs authorities is of substandard quality, according to the examination jointly carried out by the Pakistan Council of Scientific and Industrial Research (PCSIR), HEJ Research Institute of Chemistry and the City District Government Karachi’s (CDGK) laboratory.
Vegoils turn cheaper on global markets meltdown
15/10/2008 (The Hindu Business Line), Chennai - This Diwali, you may have to shell out a lower price for buying edible oil, thanks to the effect of the meltdown of global markets, including commodities.
