|
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
Record coconut oil production in 2007
27/08/2008 (Ceylon Daily News) - Sri Lanka has achieved a high coconut oil production of 84,788 mt in last year recording a significant increase of 324 per cent after 22 years.
Palm Oil Producers Need To Provide Traceability Report For Better Access Into EU
26/08/2008 (Bernama), Kuala Lumpur - Malaysian palm oil producers should provide comprehensive traceability report of their production to comply with the European Union's new directive on renewable energy to better penetrate the market there.
Fima aims for 25% revenue growth in FY09
26/08/2008 (The Star Online), Kuala Lumpur - Fima Corp Bhd hopes to achieve 25% growth in revenue to RM220mil for the financial year ending March 31 (FY09), backed by higher contribution from its oil palm plantation in Indonesia.
Malaysia targets Africa and the Amazon for palm oil expansion
25/08/2008 (Mongabay.com) - Facing land scarcity at home and environmental complaints, Malaysian palm oil producers should look overseas to expand operations, a high-ranking Malaysian agricultural minister said Monday.
Palm oil must drop for demand to revive: Mistry
26/08/2008 (Bloomberg) - Palm oil, the world’s most consumed vegetable oil, must decline to 2,200 ringgit ($653) a tonne in the next few weeks for demand to rebound, said Dorab Mistry, director at Godrej International.
New Project to Increase Palm Oil Production in Cameroon and Nigeria
25/08/2008 (Voa News) - Oil palms are grown throughout West and Central Africa, but the development of the palm oil industry has been slow, despite a thriving market. A project sponsored by the United Nations Industrial Development Organization is about to change the palm oil industry in Cameroon and Nigeria. Voice of America English to Africa Service reporter Divine Nytaryike in Douala, Cameroon says palm oil is a common ingredient in traditional dishes in West and Central Africa. It is cheaper than vegetable oil and can also be used to make soap and pomade.
The Environmental Impact of Cheez-Its
25/08/2008 (The Daily Green) - Palm oil is a widely used vegetable oil used in food products, such as Oreos and Cheez-Its, and also soaps and other personal care products. But while you've been casually enjoying your processed snack foods, palm oil has gained a less than stellar environmental reputation.
Palm oil defaults not severe, says Poram
26/08/2008 (The Edge Daily), Kuala Lumpur - The default of some palm oil cargoes meant for China and India in the past few weeks following a slump in crude palm oil (CPO) prices was not as severe as reported, the Palm Oil Refiners Association of Malaysia (Poram) acting chairman Yong Chin Fatt said.
CPO seen at RM2,200 if oil stabilises at US$100
26/08/2008 (The Edge Daily), Kuala Lumpur - The price of crude palm oil (CPO) must decline to RM2,200 a tonne in the next few weeks for demand to rebound, said Dorab Mistry, director at Godrej International Ltd.
