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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
Malaysia lowers December crude palm oil reference price, maintains duty at 10%
Loggers, palm oil producers eye remote rainforests of Papua for development
26/07/2008 (Mongabay.com) - Commodity producers are eyeing one of the world's last relatively untouched tracts of rainforest for development, reports the Wall Street Journal.
Chin To Meet Indonesian Counterpart To Discuss On Declining Palm Oil Prices
26/07/2008 (Bernama), Miri - Plantation Industries and Commodities Minister Datuk Peter Chin Fah Kui will meet his Indonesian Agriculture Minister Dr Anton Apriyantono in Jakarta next week to discuss measures to be taken concerning the current downward trend of palm oil prices.
THP acquires two plantation companies for RM 200mil
26/07/2008 (The Star Online), Kuala Lumpur - TH Plantations Bhd (THP) is buying a 51% stake in Syarikat Sabaco Sdn Bhd, a plantation company for about RM147.468mil in its move to expand its oil palm cultivation business.
Partnering palm and soybean oils
26/07/2008 (The Daily Star) - Nature has been generous in endowing palm oil with a composition that is uniquely balanced between the saturated and unsaturated fatty acids. Even when programming this higher level of saturates in the oil, nature’s consideration for optimisation was already apparent – the biology of the oil palm dictates that this saturate be in the form of palmitic acid (C16:0), the same saturated fatty acid that is most abundant in our body and throughout most of nature’s creations.
India\'s PEC Seeks to Import 12,000 Tons of Refined Palm Oil
26/07/2008 (Bloomberg) - PEC Ltd., a state-run Indian trading company, called for bids to import 12,000 metric tons of palm oil to sell to the nation's poor at below market prices.
Higher CPO production for Malaysia
25/07/2008 (The Edge Daily), Kuala Lumpur - Malaysia’s crude palm oil (CPO) production may increase to 17 million tonnes this year from an initial forecast of 16.2 million tonnes due to improved palm oil production, Plantations Industries and Commodities Minister Datuk Peter Chin said.
Edible oil still expensive in Pakistan
25/07/2008 (The News, International), Karachi - Pakistani manufacturers of edible oil are holding back the benefits of a sharp fall in international price of palm oil as consumers continue to suffer from worst inflation in decades, industry people told The News on Thursday.
GOV`T LOSES $9M ANNUALLY - Through tax evasion by cooking oil importers
24/07/2008 (Ghanaian Chronicle) - The Chief Executive Officer (CEO) of Unilever Ghana Limited, Charles Alexander Coffie, has disclosed that the government of Ghana loses about $9 million in revenue every year, through illegal activities of some cooking oil importers in the country.
RSPO accreditation for four firms?
24/07/2008 (The Edge Daily), Kuala Lumpur - Four Malaysia-based plantation companies — IOI Corp Bhd, United Plantations Bhd, Kulim (M) Bhd and Sime Darby Bhd — are likely to secure the Roundtable for Sustainable Palm Oil (RSPO) certification in the next few weeks, industry sources said.
