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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
Biofuel demand to lift palm oil price soon - trade
27/09/2008 (Reuters), Mumbai - Palm oil prices are set to rise soon on higher demand from biofuel makers and stock building by some consumers, while the credit crisis will have only a small impact on the commodity, a leading industry official said.
Palm Oil Has ``Bottomed,\'\' OilWorld\'s Mielke Says
27/09/2008 (Bloomberg) - Palm oil prices have ``bottomed'' and will be supported by falling supplies of rival soybean oil and rising demand for biodiesel, Thomas Mielke, chief editor of OilWorld, a trade publication, said.
India May Impose Duties on Cooking Oils to Help Farmers
27/09/2008 (Bloomberg) - India, the world's biggest buyer of vegetable oil after China, may levy a tax on imports in November to slow purchases of edible oils that have depressed the domestic price of cooking fat and oilseeds.
Malaysia\'s United Plantations Awarded International Certification For Responsible Practices
27/09/2008 (Bernama), New York - The American Palm Oil Council (APOC) announced that a Malaysian oil palm plantation has received the first ever certification as the first plantation to adopt the strictest standards of sustainability for its palm-oil production.
Families receive oil palm windfall
24/09/2008 (NST Online), Kuching - A total of 1,946 families in Simunjan and Gedong, Samarahan division, have some Hari Raya cheer coming their way.
MMTC to Import 18,500 Tons of Palm Oil Amid Shortage
23/09/2008 (Bloomberg) - MMTC Ltd., India's biggest state- owned trading company, called for bids to import 18,500 metric tons of palm oil to ease a shortage and curb prices.
\'Sabah oil palm growers subsidising others\'
21/09/2008 (Daily Express), Kota Kinabalu - Former Chief Minister Datuk Harris Salleh has proposed the abolition of the Federal Government and Malaysia Palm Oil Board (MPOB) taxes on the oil palm industry in Sabah.
Health department committee to keep an eye on ghee manufactured from contaminated palm oil
20/09/2008 (Daily Times), Karachi - No one can be allowed to put the people’s health at risk by distributing hazardous raw or refined food, especially edible oil and ghee. Sindh Health Minister Dr Sagheer Ahmed has said that it is his department’s duty to look after the people’s interests and take strict measures to ensure that consumers are offered food of the best quality.
‘Team reconstituted to ascertain fitness of sealed palm oil’
20/09/2008 (The News International) - The Sindh Health Department would hold proper identification of the “confiscated consignment of palm oil†with the help of four laboratories to ascertain if it was fit for human consumption, said Minister for Health, Dr Sagheer Ahmed on Friday.
