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AI boom is turning Malaysia’s palm oil estates into data centres
Malaysia lowers December crude palm oil reference price, maintains duty at 10%
Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
CPO Futures Snap Two-Day Gains To Close Lower
Sainsbury\'s first with sustainable palm oil
14/05/2008 (Talking Retail) - Sainsbury's claims it will be the first supermarket to launch a food product containing certified sustainable palm oil.
Govt Eyeing Jatropha Oil For Biodiesel Production
14/05/2008 (Bernama), Kuala Lumpur - The government is looking at the possibility of using jatropha oil as a raw material for the production of biodiesel in the future, Minister of Plantation Industries and Commodities Datuk Peter Chin Fah Kui said.
Palm oil firms vow to stop using forests
14/05/2008 (The Jakarta Post) - Palm oil companies operating in Indonesia pledged to stop expanding plantations into forests in response to growing global criticism about deforestation and to promote more sustainable products.
Federal Government seeks Malaysian govt’s support in reviving oil palm produce
12/05/2008 (Business Day Online, Nigeria) - The Federal Government is seeking the assistance of Malaysia towards improving the standard of oil palm produce in the country.
Ta Ann banks on two core commodities
12/05/2008 (The Star Online) - THE CEO INTERVIEW - A good diversification programme had enabled Ta Ann Holdings Bhd to weather the downturn in the timber sector in the last 15-month.
UK palm oil consumption fuels Colombia violence, says report
12/05/2008 (The Guardian) - Britain's passion for chocolate, cakes and crisps is fuelling a violent campaign to force Colombian peasants off their land to make way for oil palm plantations, a report claims today.
Ta Ann goes big on CPO
12/05/2008 (The Star Online) - TIMBER giant Ta Ann Holdings Bhd is looking at substantially expanding its oil palm plantation within the next five years to balance its business portfolio.
Higher food prices trend to go on into 2009
12/05/2008 (The Star online) - IN recent months, agriculture commodities have posted their biggest monthly gains since the 1970s oil crisis. The rise in international prices, which has been building up in recent years, gathered pace in 2007 and looks set to surge higher this year on the back of a continuation of tight supplies, higher crude oil prices (which is adding fuel to the biofuel proposition worldwide), adverse weather in major planting regions and the unrestrained consumption boom in major emerging economies.
Prices could see some correction soon
12/05/2008 (The Economic Times), Mumbai - Commodities, which have been in the spotlight for increasing the global inflation, could enter a bearish phase in the second half of 2008, according to global marketwatchers. They suggest that the recent rise has less to do with fundamental factors, and more to do with traders preferring safer investments to risky asset classes like equities. So once the panic in global financial markets settles down and the true forces of demand and supply come into play, commodity prices would have to fall, experts said.
