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A delicate balance for biodiesel mandate
Can palm biodiesel provide quick relief for Malaysia amid Iran war?
Malaysia plans phased expansion of biodiesel programme, minister says
CPO Futures Close Slightly Higher, Tracking Gains In Soybean Oil Prices
Record palm oil exports of RM50b seen this year
08/04/2008 (The Star Online), Bangi - The Malaysian Palm Oil Board (MPOB) expects palm oil export earnings to touch a record RM50bil this year on anticipation that the price of the commodity will maintain its bullish run.
Forest destruction for palm oil continues in Indonesia: Greenpeace
07/04/2008 (PR-inside.com), Jakarta - Indonesia's peat land forests are still being cut down to make way for palm oil plantations despite government pledges to stop the destruction, the environmental group Greenpeace said Monday.
Indonesia failing to stop forest destruction: Greenpeace
07/04/2008 (AFP), Jakarta — Indonesia is failing to halt the destruction of its peatland forests despite promising to do so during last year's climate change conference in Bali, pressure group Greenpeace said Monday.
EU Imports More Palm Oil
07/04/2008 (Modern Ghana) - Imports of palm oil into the European Union (EU) are set to grow as it is relatively cheaper than soy or sun oil.
Tankers Strike; Oil supply suspended from Karachi Port
08/04/2008(Pakistan Times), Karachi - The supply of palm oil to the whole country from Karachi lay suspended owing to the oil tankers strike here.
Edible oil shortage feared on transporters’ strike
08/04/2008 (Daily Times, Pakistan), Karachi - The edible oil stocks in the mills all over the country remained for two to three days as the private sector transporters have stopped supply in protest on allowing National Logistic Cell (NLC) as an alternative transporter, Pakistan Vanaspati Manufacturers Association (PVMA) said here on Monday.
Bottom drops out of edible oil industry
05/04/2008 (Kuensel Online) - Business for country’s most lucrative industry, palm oil, hit the wall on March 31 when the government of India scrapped all import duties on crude edible oil as a measure to control inflation and rising food prices in India.
World cooling on biofuel solution
05/04/2008 (Khaleej Times Online), Jakarta - Once a golden promise in the fight against climate change, biofuels are fast losing their lustre as high demand for essential crops drives land clearing and pushes up the price of food.
Inflation posing serious problem
07/04/2008 (The Navhind Times) - Inflation seems to have raised its ugly head again. Unlike in the recent past, this time the price rise is not attributable to only food items or any specific sector; rather, it is more wide spread across commodities and industries and therefore the challenge is greater.In fact, non-food items have contributed in greater measure to rising prices. Now, it is almost certain that it will adversely impact the high GDP growth rate of 9 per cent. The wholesale price index (WPI) has already touched 7 per cent the highest in three years, and has posed, perhaps the biggest threat to the government. With elections to the Lok Sabha just a year away, the government at the Centre is trying all that it can to arrest the rising trend.
