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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
Cameroon: CDC Launches Operation More Palm Oil Productions
17/01/2008 (AllAfrican.com) - The General Manager of the Cameroon Development Corporation, CDC, on Friday, January 11, launched a giant five-year development project, the Boa Plain Oil Palm Development Project, BPOPDP.
Aust should follow EU biofuel lead
17/01/2008 (The Register, Australia) - Australia should act to introduce strict guidelines to ensure that biofuels sold or manufactured here, are not causing environmental problems elsewhere, a spokesperson for the Palm Oil Action Group said today.
Thailand to import palm oil amid shortage fears over biofuel
16/01/2008 (Forbes), Bangkok - Thailand will import 30,000 metric tons of palm oil over the next month to ease fears of a shortage due to its growing use in biofuels, commerce minister Krirk-Krai Jirapaet said Wednesday.
Biodiesel squeezes palm supply
15/01/2008 (The Bangkok Post) - Palm oil prices have jumped sharply in recent months, leading authorities to consider a ban on exports. Palm oil is a raw material for cooking oil, the food industry and as an alternative fuel.
Edible oil prices surge again
16/01/2008 (The Daily Times, Pakistan) - KARACHI: The local edible oil prices surged on higher import cost of crude palm oil which stood around $1,042 per tonne in the international market, after a new all time high world record prices a day earlier, the importers and millers said here on Tuesday.
Vegetable oil imports fall 25% in Dec \'07
15/01/2008 (The Economic Times), New Delhi - India’s vegetable oil imports dipped by 25% during December 2007, on better crushing and domestic availability of the commodity, the Solvent Extractors’ Association of India (SEA) said on Tuesday.
Palm oil price rises above RM3,400
15/01/2008 (The Star Online), Petaling Jaya - Crude palm oil (CPO) futures on Malaysia Derivatives Exchange hit a new record of above RM3,400 per tonne yesterday on supply concern amid surging world demand for food and biodiesel consumption.
Indonesia to switch 10 pct petroleum to biofuel
15/01/2008(ANTARA News), Jakarta - Indonesia plans to substitute around 10 percent of its fossil fuel transport consumption with biofuel products by 2010, a senior government official said on Monday.
Cooking palm oil prices may be capped
15/01/2008 (The Bangkok Post) - The Commerce Ministry yesterday threatened to set a ceiling for retail prices of cooking palm oil if it found traders were hoarding the product.
