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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%
Malaysian government not concerned with rising palm oil prices - minister
16/12/2007 (Forbes) - The Malaysian government is not concerned with the current high price of crude palm oil (CPO) and expects prices to remain firm going forward, supported by strong demand from China and India, Second Finance Minister Nor Mohamed Yakcop said on Monday.
Pakistan second largest importer of palm olien
19/12/2007 (Daily Times, Pakistan), Karachi - In the first 15 days of December, Pakistan imported 68,700 metric tonnes of palm olien that ranked it as the second largest importer of the commodity after China, which imported 213,000 metric tonnes during same period, importers told Daily Times on Monday.
Carotech goes for higher margins
17/12/2007 (The Star Online) - Faced with high operational costs in the production of biodiesel and high crude palm oil (CPO) prices, Carotech Bhd, which also produces phytonutrients for the overseas market, will concentrate on the sales of phytonutrients, which has higher margins.
Big potential in biodiesel
16/12/2007 (The Star Online), Kuantan - Malaysia has the potential to be the biggest biodiesel producer in the world, Datuk Seri Najib Tun Razak said.
Economy To Gain From Rise Of Biodiesel Industry, Says Najib
15/12/2007 (Bernama), Kuantan - The Malaysian economy is expected to achieve more rapid growth with the rise of the biodiesel industry, Deputy Prime Minister Datuk Seri Najib Tun Razak said Saturday.
High CPO prices burden biodiesel players: Chin
14/12/2007 (Daily Express), Serdang - The current high prices enjoyed by crude palm oil (CPO), moving between RM2,800 to RM2,900 per tonne, are a source of concern for certain industry players, Plantation Industries and Commodities Minister Datuk Peter Chin Fah Kui said Thursday.
Are biofuels a sustainable solution to climate change?
14/12/2007 (The Jakarta Post) - Many countries at this year’s climate change conference – including China, the European Union countries, and the U.S. – have set targets for the use of biofuels to reduce their greenhouse gas emissions.
Edible oils to remain dear in 2008
16/12/2007 (Business Standard) - Demand-supply gap widens despite cut in import duties, hike in MSP.
Papua New Guinea palm oil firm plans London IPO
12/12/2007 (Reuters), London - Papua New Guinea's largest palm oil producer, New Britain Palm Oil, said on Wednesday it plans to list in London and raise 88.9 million pounds ($182 million).
