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MPOB Monthly Report Imminent: Malaysia's Palm Oil Stockpiles May Surge Past 2.6 Million Tonnes as Strong El Niño Fuels Distant-Month Supply Cut Expectations
Malaysia’s palm oil stocks rise in July despite 14.5pc jump in exports
Malaysian end of July palm oil stocks hit near two-year high
CPO futures end mostly higher on soybean oil gains
Analysts: ‘Burn palm oil to produce power’ unlikely
27/11/2008 (The Edge Daily), Kuala Lumpur - The proposal of oil palm planters for the government to burn excess palm oil to generate electricity, after initial measures failed to halt the price slump, is unlikely to be implemented, said OSK Research.
Exports of CPO to miss target on lower demand
26/11/2008 (The Jakarta Post) - Indonesia will likely export 13 million tons of crude palm oil (CPO) this year, 1 million tons short of an earlier target, as the global economic downturn has reduced demand.
Sustainable palm oil a farce; Industry body weak and ineffectual: Greenpeace
25/11/2008 (Infoshop News), Bali/Jakarta — Greenpeace today condemned the Roundtable on Sustainable Palm Oil (RSPO), for failing to take action against member companies who continue to destroy Indonesia’s peatlands and forests at the conclusion of its 6th annual meeting in Bali.
Indonesia\'s Astra Agro Sees Flat 09 Palm Oil Output
25/11/2008 (Reuters), Jakarta - Indonesia's largest listed palm oil firm, PT Astra Agro Lestari Tbk, expects its palm oil output to remain flat in 2009 as plantations hit maximum capacity, Vice President Director Tonny Hermawan said on Tuesday.
Burn palm oil for energy, planters urge govt
25/11/2008 (The Edge Daily), Kuala Lumpur - Palm oil makers in Malaysia, the world’s second-largest producer, urged the government to promote burning the edible oil for energy after initial proposals to reduce output failed to stop prices falling.
Who\'s Coming To The Smallholders\' Rescue?
26/11/2008 (My Sin Chew Online) - With the continued slide in international oil prices, CPO prices are also dragged along and have now touched a low of RM1,400 per tonne. Many smallholders are sent to the brink of bankruptcy.
Palm oil prices will recover
25/11/2008 (The Straits Times, Singapore), Kuala Lumpur - MALAYSIA said on Tuesday it was confident crude palm oil prices will recover from a dramatic slump, thanks to an increase in demand from the world's top consumers, India and China.
Vanaspati sector opposes customs duty hike on palm oil
25/11/2008 (Money Control), Mumbai - The ongoing tussle between the liquid oil trade and the domestic vanaspati industry has intensified with the latter making a strong pitch for continuing the current duty structure for palm oil and palm kernel oil.
Sights set on palm oil
25/11/2008 (Star News Group) - THEY may be too young to drive or vote but Braybrook College students are old enough to know what’s important to them.
