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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
Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
Govt makes no change in base price of imported edible oils
04/10/2007 (The Hindu), New Delhi - The government has left the base price or tariff value for levying customs duties on palm oil and soyabean oil unchanged for the next fortnight to stabilise prices their at current levels.
Palm futures unlikely to rebound soon: Mistry
05/10/2007 (Reuters) - Malaysian palm oil futures have lost four percent since Monday, tracking to a sell-off in soybean oil and crude oil markets.
Palm oil prices up
05/10/2007 (The International News), Jakarta - Indonesian palm oil prices edged up on Thursday, powered by a combination of gains in Malaysia and a weakening rupiah, while the olein market remained quiet ahead of Eid-ul-Fitr next week.
MWE diversifies into oil palm planting
04/10/2007 (The Edge Daily), Kuala Lumpur - MWE Holdings Bhd is diversifying into palm oil activities via the acquisition of Fauzi Lim Plantation Sdn Bhd (FLP), which manages and operates a 2,023.4 hectare oil palm plantation in Gua Musang, Kelantan, for RM34.2 million cash.
Indonesia Promotes Sustainable Palm Oil In London
04/10/2007 (Bernama), London - Indonesian Agriculture Minister Anton Apriyantono on Wednesday launched a campaign on "Promotion of Indonesian Sustainable Palm Oil" following negative campaigns by European NGOs' on Indonesia's oil palm plantations.
Biofuel bandwagon slows as feedstock prices surge
04/10/2007 (Reuters), London - The biofuels bandwagon may be running out of gas with soaring costs for feedstocks like wheat and palm oil prompting producers to shelve planned plants and cut output at existing facilities.
Palm oil tax hurts export performance
03/10/2007 (The Jakarta Post) - The latest figures from the Central Statistics Agency (BPS) show that the government's attempts to control cooking oil prices by hiking the export duty on crude palm oil may finally be bearing fruit, albeit at the expense of the country's exports.
Eonmetall set to deliver first plant
04/10/2007 (The Star Online), NIBONG TEBAL - Eonmetall Group Bhd will soon deliver the country’s first solvent extraction plant to a major plantation player in Johor Baru that owns and operates over 11,000ha of oil palm plantations in the country.
MyFuel to spend RM160m on biodiesel plants
03/10/2007 (Bernama) - MYFUEL Ltd has allocated RM160 million to set up biodiesel facilities at the Port Klang Free Zone (PKFZ), group managing director George Joukador said today.
