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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 cuts import duty on edible oil from South Asian countries
2/1/07 New Delhi, (Newkarala.com) - The government has cut the import duty on crude and refined edible oil from the six neighbouring countries in South Asia.
Palm oil producers facing more demanding costumers
30/12/06 (The Jakarta Post) - The fourth Round Table on Sustainable Palm Oil (RSPO) session, which was held recently in Singapore, clearly shows that while the demand for crude palm oil, including for bio-diesel fuel, will continue to increase in coming years, it is just a matter of time for CPO producers to face more demanding consumers. Of course they want cheaper price but better quality.
Banks to lend Rp 25 trillion for plantation, biofuel projects
21/12/06 (The Jakarta Post) - A consortium of five state-owned and regional banks has committed itself to providing a total of Rp 25.56 trillion (US$2.8 billion) in loans for the development of plantations across the country, including those producing biofuel feedstock.
Power station drops palm oil idea
3/1/07 (BBC News) - Many palm oil plantations are grown on areas of cleared rainforest.
E-oil Base Import Price Left Unchanged By India
NEW DELHI, Jan 3 (Bernama) -- The base import prices of palm oil and soya oil have been left unchanged by the Indian government to fight inflation, a Finance Ministry official has been quoted as saying.
Malaysia to ride commodities sector boom in 2007
4/1/2007 KUALA LUMPUR, (AFP): Malaysia will ride a commodities boom in the year ahead, with soaring prices for palm oil, rubber, tin and timber providing a boost to the economy, analysts say.
India cuts duty on some edible oil imports
2/1/07 NEW DELHI (Reuters) - India, one of the world's top importers of edible oils, has cut import duties on refined oils from Pakistan and Sri Lanka to 52.5 percent from 68.75 percent earlier.
Palm oil futures surge to 8-year high
29/12/06 (Busienss Times) - PALM oil futures surged to their highest since January 1999 as heavy rains in Indonesia and Malaysia, the two largest producers, may further curb output at a time of year when production naturally dips.
Palm oil boil may delay FTA with Asean
29/12/06 (The Economic Times) - NEW DELHI: India's hopes of signing a free trade agreement (FTA) with the Asean countries during the Asean Summit next month may not come true.