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CPO prices to consolidate at RM4,000 to RM4,300
Mixed forecasts for palm oil at POC2026
CPO FUTURES CLOSE LOWER ONSTRONGER RINGGIT, CONCERNS OVERWEAK DEMAND
Palm oil ends lower after MPOB’s data release
Edible oil industry wants vegetable oils under PDS
24/02/2008 (The Economic Times), New Delhi - In the wake of prices of cooking oils skyrocketing, making them unaffordable to the poor, an edible oil trade body has suggested the government to subsidise the vegetable oils for supply through the public distribution system.
India May Pay More for Edible Oil Imports as Prices Surge
25/02/2008 (Bloomberg) - India, the second-biggest buyer of vegetable oils after China, may spend more on imports of the commodity this year as it boosts purchases to ease a domestic shortfall amid record prices.
Another surge in ghee, oil prices in the offing
24/02/2008 (Daily Times, Pakistan), Karachi - There is respite for the ghee and cooking oil consumers as the manufacturers and importers of these commodities have decided to make yet another increase in their prices, which is most likely to be implemented in the next few days.
Cheap Palm Oil May Overtake Soy on Rising Asia Demand
25/02/2008 (Bloomberg) - Palm oil, the world's most-used cooking oil, is also the cheapest, a discrepancy that won't last long as demand rises across Asia's biggest countries.
Demand for biodiesel fuels palm oil price
25/02/2008 (Financial Times) - Palm oil jumped by nearly 6 per cent on Monday to set a fresh lifetime high on the Bursa Malaysia derivatives exchange, boosted by strong demand from China and India.
World palm oil supplies under pressure: Mistry
25/02/2008 (Reuters) - "It certainly looks like supply will not be able to overwhelm demand," Mistry told Reuters in an interview ahead of a three-day global palm oil conference organized by Bursa Malaysia.
Godrej ropes in Malaysian firm for palm oil technology
26/02/2008 (Business Standard) - Godrej Industries, part of business conglomerate Godrej Group, has set up a joint venture with Malaysian firm IJM Plantations to develop palm estates and palm oil mills in India.
Godrej will develop palm estates, oil mills
26/02/2008 (DNA India), Mumbai - Godrej Industries, in an effort to push its oil palm plantation business, has formed a joint venture with a Malaysian planter, IJM Plantations.
Future Group eyes majority stake in proposed venture with Godrej Agrovet
25/02/2008 (The Hindu Business Line) - The Future Group is all set to make a foray into rural retailing by riding on the Aadhaar outlets belonging to Godrej Agrovet. The group intends to pick up a majority stake in a separate joint venture company to be floated by itself and Godrej Agrovet, to enter into yet another retailing format.
