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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
Palm Oil Output Surge In Oct, CPO Price Could Hit RM4500 In Dec: MPOC
Edible oil prices slip by 20-28%, new import deals uncertain
12/04/2008 (The Financial Express), Mumbai - With an increased uncertainty in the domestic market and weakening international Markets, edible oil importers are now reluctant to enter into the new contracts for the imports as prices have fallen considerably by 20-28% in last one month after the duty cut announced by the government.
Online One unit to use MPOB technology
11/04/2008 (The Edge Daily), Kuala Lumpur - Online One Corp Bhd subsidiary Ace Edible Oil Industries Sdn Bhd (Ace Oil) has been licensed to use Malaysian Palm Oil Board’s (MPOB) patented technology in oil and fat separation.
Tesco green fuel ‘adds to climate change’
14/04/2008 (Times Online, UK) - Tesco has made false claims about the source of the green fuel sold at its service stations, according to an investigation that found that the chain sold one of the most environmentally damaging types of biodiesel.
Govt to provide edible oil at subsidised rate
13/04/2008 (Newindpress), Bhubaneswar - INFLATION touching all-time high and hitting the common people the most, Centre’s decision to provide 1 kg edible oil in poly pack at subsidised rate to the ration card holders from next month has come as a relief.
Nigeria must deviate from crude oil to Agriculture –Akor
13/04/2008 (The Tide Online) - Alex J. Akor, an associate professor of Agricultural Engineering with the Rivers State university of Science and Technology, Nkpolu, Port Harcourt, is a man to trust when it comes to issues of local and international concern.
Finally, coconut oil gets its due!
12/04/2008 (Commodity Online), Kochi - The progress of the Indian coconut sector during the last two decades can be classified into three distinct categories.
Govt arranges talks to settle truckers, edible oil makers row
10/04/2008 (The News International, Pakistan), Karachi - Sindh government will hold negotiations on Thursday for settlement of a confrontation between owners of private oil-trucks and edible oil manufacturers that has fanned fears of shortage of commodity in coming days.
Dubai Group buys 30pc in Malaysian company
10/04/2008 (Khaleej Times Online), Kuala Lumpur — Dubai Group, the financial-services unit of Dubai Investment Group, bought a 30 per cent stake in a Malaysian biodiesel company for $49.5 million to help the venture expand capacity and develop new estates.
CPO to rally on tight vegetable oils supply
10/04/2008 (The Star Online), Petaling Jaya - Crude palm oil (CPO) is expected to trade near the RM4,000 per tonne mark within the next few weeks as fear over vegetable oils supply tightness escalates following strikes in Indonesia and Argentina.
