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Malaysia's total palm oil stocks surge 24.54% to 3.51mil tonnes in Sept
CPO Futures Close Lower On Weaker Soybean Oil Prices
Palm oil falls to 11-week low on weak exports, rising output
CPO Futures End Lower In Line With Weak Regional Vegetable Oil Markets
Sime Darby signs palm oil JV in China
20/11/2008 (The Star Online), Kuala Lumpur - Plantation heavyweight Sime Darby Bhd is making its first foray into the downstream palm oil business in China via the setting up of a joint venture (JV) company with Dongguan Sinograin Oils & Grains Company Ltd.
Sampoerna Agro sees falling palm oil output
20/11/2008 (The Jakarta Post) - Publicly listed plantation company PT Sampoerna Agro expects its palm oil fresh fruit bunches (FFB) production to decline by 23 percent this year, compared to last year, but is optimistic production will grow again next year, an executive says.
Duty hike on soybean oil to help more palm imports
20/11/2008 (The Financial Express) - India's palm oil imports, which already constitute more than 80% of the total edible oil imports, could rise further after the Central government imposed a customs duty of 20% on crude soybean oil thereby making the already costly soy oil more dearer, traders and industry representatives said.
FOCUS-Edible oil cos battle supply glut, await import duty
19/11/2008 (Reuters), Mumbai - Indian edible oil makers, reeling from a supply glut and low prices due to a surge in imports, are hoping to beat a likely imposition of import duty by the federal government and cash in on a possible price hike.
Slower growth for Malaysia palm oil output in 2009
18/11/2008 (Business Times, Malaysia), Hamburg - Malaysia’s 2009 palm oil output will rise only marginally following years of rapid growth, Hamburg-based oilseeds analysts Oil World said yesterday.
Federal, state authorities to help oil palm smallholders
18/11/2008 (Brunei Online), Kota Kinabalu - Help is on the way for thousands of oil palm smallholders in the state who are facing financial dire straits because they have difficulty selling their produce amidst plunging crude palm oil prices, The Star reported.
Myanmar to cultivate oil palm in southern division
18/11/2008 (China Daily), Yangon - Myanmar strives to cultivate 500, 000 acres (202,500 hectares) of oil palm in the southern Tanintharyi division, the official newspaper New Light of Myanmar reported Tuesday.
Industry faces fresh calls to stop forest conversion
18/11/2008 (The Jakarta Post) - Palm oil companies are facing increasing pressure from green groups who fear the conversion of forests into plantations could cost the country its rich biodiversity.
Sime Darby\'s Ahmad Zubir copes with plunging price of palm oil
18/11/2008 (The Malaysian Insider), Kuala Lumpur - A year ago three Malaysian palm oil producers - Sime Darby, Golden Hope Plantations and Kumpulan Guthrie - merged to form the world's biggest listed palm plantation company in terms of landholdings. That was just in time for the crash in palm oil prices.
