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MPOB Monthly Report Imminent: Malaysia's Palm Oil Stockpiles May Surge Past 2.6 Million Tonnes as Strong El Niño Fuels Distant-Month Supply Cut Expectations
Malaysia’s palm oil stocks rise in July despite 14.5pc jump in exports
Malaysian end of July palm oil stocks hit near two-year high
CPO futures end mostly higher on soybean oil gains
Malaysia, Indonesia to gain from palm oil boom
15/05/2008 (Commodity Online), Kuala Lumpur - With oil experts predicting a palm oil boom for the next five to ten years, the major beneficiaries are going to be Malaysia with a record output predicted for 2009 and Indonesia set to attract more investment into palm oil plantations.
Ministry Sets Up Fertilizer Scheme For Oil Palm Smallholders
15/05/208 (Bernama), Kuala Lumpur - The Ministry of Plantation Industry and Commodities has set up a group fertilizer scheme opened to oil palm smallholders to ease their burden following the increase in the price of fertilizers.
Malaysia to barter rice for palm oil
15/05/2008 (The Australian News) - ASIAN commodity and currency markets could be plunged into chaos after Malaysia threatened to abandon standard trading in favour of a barter deal.
Unilever rises to the challenge
15/05/2008 (Greenpeace) - International—Unilever has shown that beauty isn’t just skin deep. Following our campaign and thanks to your support, the company has taken the bold step to support our call for a moratorium on cutting down trees in Indonesia for palm oil plantations.
Govt may consider encouraging transport vehicles to use bio-diesel if its use becomes mandatory
14/05/2008 (NST Online) - THE government may encourage transport vehicles to switch to bio-diesel should its use become mandatory. Plantation Industry and Commodities Minister Datuk Peter Chin Fah Kui said the transportation sector holds the most potential in using bio-diesel as such vehicles consume high amounts of diesel.
Minnesota Passes New Biodiesel Mandate
15/05/2008 (CommonDreams.org), Minneapolis - Minnesota recently passed legislation to increase the biodiesel content of diesel fuel sold in the state from the current 2 percent to 20 percent, which is the highest in the nation, by 2015.
Company Uses Cooking Oil to Power Diesel Engines
15/05/2008 (Ozarks First.com) - The price of gas continues to rise. On average in the Ozarks, it's more than $3.50 a gallon for regular unleaded.
Thieves stealing used cooking oil for biodiesel
14/05/2008 (Kansas.com) - The price of gasoline has gotten so high that people have begun to steal used cooking oil.
New Britain doubles profit from palm oil
14/05/2008 (Reuters) - New Britain Palm Oil doubled quarterly profits and underlined plans to double acreage over the next seven years in anticipation of strong palm oil prices, the Australasia-focused planter said on Wednesday.