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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
India May Pay More for Edible Oil Imports as Prices Surge
25/02/2008 (Bloomberg) - India, the second-biggest buyer of vegetable oils after China, may spend more on imports of the commodity this year as it boosts purchases to ease a domestic shortfall amid record prices.
Another surge in ghee, oil prices in the offing
24/02/2008 (Daily Times, Pakistan), Karachi - There is respite for the ghee and cooking oil consumers as the manufacturers and importers of these commodities have decided to make yet another increase in their prices, which is most likely to be implemented in the next few days.
Cheap Palm Oil May Overtake Soy on Rising Asia Demand
25/02/2008 (Bloomberg) - Palm oil, the world's most-used cooking oil, is also the cheapest, a discrepancy that won't last long as demand rises across Asia's biggest countries.
Demand for biodiesel fuels palm oil price
25/02/2008 (Financial Times) - Palm oil jumped by nearly 6 per cent on Monday to set a fresh lifetime high on the Bursa Malaysia derivatives exchange, boosted by strong demand from China and India.
World palm oil supplies under pressure: Mistry
25/02/2008 (Reuters) - "It certainly looks like supply will not be able to overwhelm demand," Mistry told Reuters in an interview ahead of a three-day global palm oil conference organized by Bursa Malaysia.
Godrej ropes in Malaysian firm for palm oil technology
26/02/2008 (Business Standard) - Godrej Industries, part of business conglomerate Godrej Group, has set up a joint venture with Malaysian firm IJM Plantations to develop palm estates and palm oil mills in India.
Godrej will develop palm estates, oil mills
26/02/2008 (DNA India), Mumbai - Godrej Industries, in an effort to push its oil palm plantation business, has formed a joint venture with a Malaysian planter, IJM Plantations.
Future Group eyes majority stake in proposed venture with Godrej Agrovet
25/02/2008 (The Hindu Business Line) - The Future Group is all set to make a foray into rural retailing by riding on the Aadhaar outlets belonging to Godrej Agrovet. The group intends to pick up a majority stake in a separate joint venture company to be floated by itself and Godrej Agrovet, to enter into yet another retailing format.
India seen importing 400,000 tonnes of palm oil
26/02/2008 (The News - International, India), Kuala Lumpur - India will be in the market to import up to 400,000 tonnes of palm oil and about 50,000 tonnes of soyoil in the next three months, as importers rush to take advantage of a deepening discount for palm versus soy oil, a leading industry official said on Monday.
