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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
NAFED to watch global edible oil prices for further import
25/09/2007 (The Economic Times), NEW DELHI - National Agricultural Cooperative Marketing Federation of India (NAFED), which has so far imported 40,000 tons of edible oil, will keep a track of international prices before deciding on further imports.
Get coordinated, or else
25/09/2007 (The Jakarta Post) - A lack of coordination between government institutions is one of the main problems to face Indonesia over the past few years. Some examples should demonstrate the gravity of the problem.
Govt rules out plan to ban rice export
24/09/2007 (The Economis Times), NEW DELHI - Putting rumours of a ban on rice export at rest, the Centre today ruled out any such step and said a duty cut on imported edible oil would be considered at an "appropriate time".
Indonesia palm oil sales seen up in 2008 - official
24/09/2007 (Reuters), India - Indonesia is expected to export 14 million tonnes of palm oils in 2008, up from this year's estimated 13 million tonnes, and record a further rise in overall output, a leading trade official said.
How green is palm oil?
24/09/2007 (The Jakarta Post) - Environmentalists and palm-oil producers are increasingly at odds. Greens groups say palm oil is driving the conversion of tens of thousands of hectares of peatlands and lowland forest in Indonesia, putting wildlife at risk, increasing the vulnerability of forests to fires, and triggering large emissions of greenhouse gases.
Brunei wants India to cut oil duties
25/09/2007 (The Economic Times), NEW DELHI - Brunei Darussalam, part of the 10-member Asean group, has demanded that India should cut import duties on oil and natural gas as part of the proposed India-Asean free trade agreement (FTA).
Edible oil prices set to climb, expert says
24/09/2007 (Commodity Online), PANAJI - Edible oil prices will go up further due to reports of lower oil seed production, says industry expert Thomas Mielke, editor of the Oil World publication.
Indonesian govt removes VAT on non-branded cooking oil
25/09/2007 (AFX News Limited), JAKARTA - The Indonesian government removed the 10 percent value-added tax on non-branded cooking oil Monday, an official said.
Palm oil may reach 3,000 ringgit soon - Mistry
23/09/2007 (Reuters), India - Global palm oil prices may reach 2,600-3,000 ringgit per tonne shortly as demand is likely to surpass supplies and rival soyoil is also expected to rise sharply, a top industry analyst said on Sunday.
