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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
Costly crude oil means costly cooking oil for much of developing world
22/01/2008 (Blogging Stocks.com) - The decade's dramatic rise in crude oil prices to roughly $90 per barrel levels has had a lesser-known, but equally consequential impact on life in the developing world -- a rise in price of cooking oils from palm, soybean and many other types of vegetable oils, The New York Times reported.
Malaysia reduces cooking oil supply to Malaysia-Thailand border town to curb smuggling
21/01/2008 (People's Daily Online, China, P.R.) - Supply of cooking oil to Rantau Panjang, Malaysia-Thailand border town, will be reduced to curb smuggling which has become rampant, Malaysian official said in Kota Baharu, capital city of northern Kelantan state on Monday.
Costly fuel means costly calories
22/01/2008 (Straight Goods.com), Kuantan - Rising prices for cooking oil are forcing residents of Asia’s largest slum, in Mumbai, India, to ration every drop. Bakeries in the United States are fretting over higher shortening costs. And here in Malaysia, brand-new factories built to convert vegetable oil into diesel sit idle, their owners unable to afford the raw material.
New govt must develop other energy sources
24/01/2008 (The Bangkok Post) - It is high time that Thailand took serious steps to develop sustainable energy sources for a sustainable future. His Majesty the King has called for greater use of biodiesel, gasohol and other alternative energy sources, to reduce the import of oil, which costs the country billions of baht annually.
Rethinking biofuels
23/01/2008 (Inquirer.net) - THE HOTTEST debate in town involves something vital to motorists: fuel. Sen. Miriam Defensor-Santiago, who ironically enough authored the Biofuels Act of 2007, wants to apply the brakes on its implementation, citing the recent warning of 1998 Nobel laureate for chemistry Dr. Hartmut Michel that our government’s biofuels program could endanger the country’s food security and harm the environment.
Reducing Cooking Oil Supply To Rantau Panjang To Curb Smuggling
21/01/2008 (Bernama), Kota Bharu - Supply of cooking oil to Rantau Panjang will be reduced to curb smuggling which has become rampant.
Malaysia Closely Watching Proposed EU Ban On Imports Of Biofuels
21/01/2008 (Bernama), Brussels - Malaysia, along with Indonesia, will be closely monitoring developments within the European Union (EU) regarding a draft law that proposes to ban imports of certain biofuels, sources here told Bernama.
EU Is Planning Measures To Protect Biofuels Industry
23/01/2008 (Wall Street Journal) - The European Union will move today to protect its ailing transport-biofuels industry from foreign imports with measures that would force companies to show their fuels are helping the environment more than they are hurting it, according to documents seen by The Wall Street Journal.
UN Warns of Biofuels\' Environmental Risk
23/01/2008 (Associated Press), Bangkok, Thailand — The world's rush to embrace biofuels is causing a spike in the price of corn and other crops and could worsen water shortages and force poor communities off their land, a U.N. official said Wednesday.
