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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
Branching Out
03/07/2008 (Lankan Business Online) - Sri Lanka's Watawala Plantations is diversifying into fruit cultivation, dairy farming and marketing bottled water, given the growing need for food and rising prices, a senior official said.
ENERGY: Don\'t Write Off Biofuels Yet, Advocates Say
04/07/2008 (Inter Press Service), Tokyo - Japan wants countries to reconsider biofuels as an alternative technology to fight climate change by using fuel cell cars at the Group of Eight (G8) Summit on Jul. 4-7. The vehicles will transport the leaders of the world's major industrialised nations when they gather on the northern Japanese Island of Hokkaido.
India\'s Edible Oil Imports May Surge to Meet Domestic Shortfall
04/07/2008 (Bloomberg) - India may increase edible oil imports by more than 80 percent in the four months to October, straining global stockpiles, to meet a shortfall in domestic supplies and cool the fastest inflation in 13 years.
Brief relief for palm oil prices on swelling stocks
02/07/2008 (Barkery and Snacks.com) - Swelling domestic stocks for Malaysian palm oil, widely used by bakers, left crude palm oil futures closing lower on Monday, offering a slight relief for prices.
Palm rises as crude oil supports veg oils
02/07/2008 (The Economic Times), Kuala Lumpur - Malaysian crude palm oil futures rose 1.2 per cent on Wednesday as crude oil prices hovered near record levels, bolstering vegetable oil markets from China to the US. But slowing overseas demand last month weighed on palm oil, which is about 19.3 per cent off a record high of 4,486 ringgit per tonne.
China To Track Edible Oil Imports From Aug 1
02/07/2008 (Bernama), Beijing - China, the world's largest vegetable oil importer, will begin tracking imports of six edible oil commodities including soybeans and palm oil from Aug 1 to manage supplies as it battles inflation fuelled by rising food prices.
Tough first half for world markets
01/07/2008 (The Star Online), Petaling Jaya - The first half year was a tough one for stock investors and the bad news is that most people believe it won't get easier any time soon.
‘Indian entrepreneurs in Sri Lanka flouting spirit of FTA’
01/07/2008 (The Hindu Business Line), Mumbai - Some of the Free Trade Agreements (FTAs) the country has got into in recent years have resulted in unintended adverse consequences, primarily because of non-application of mind at the time of negotiations and signing of the agreement as also lackadaisical enforcement of rules subsequently.
Palm oil may correct lower
29/06/2008 (Sify.com) - Malaysian palm oil futures ended higher on Friday due to short-covering and higher crude oil prices. Oil leapt to a new record high near $142 a barrel on Friday. Crude oil and soya oil are supporting prices presently, but, lack of further demand from the leading consumers– China and India–is leading to an increase in stock piles. However, hopes remain high that during the festival season, India, China and West Asia would begin purchases in a big way.
