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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
Charoen to invest US$280mil in palm oil plantations
12/03/2008 (The Star Online), Jakarta - A unit of agro and aquaculture firm Charoen Pokphand Indonesia Tbk plans to invest US$280mil to develop palm oil plantations in West Kalimantan driven by demand for biofuel, a company official said yesterday.
International bio-fuel production increases wheat prices
12/03/2008 (Daily Times, Pakistan), Islamabad - The use of agriculture commodities for making bio fuels in major developed and developing countries has not only decreased the availability of essential agriculture commodities in international market but also increased their prices many fold for food importing countries including Pakistan.
India May Cut Edible Oil Tax 10% as Record Prices Fan Inflation
11/03/2008 (Bloomberg) - India, the world's biggest buyer of vegetable oil after China, may cut import duties by more than 10 percent as record high global prices fan inflation, the country's largest importer said.
Palm oil rallies on strong exports, higher soyoil
11/03/2008 (Reuters), Kuala Lumpur - Malaysian crude palm oil prices rallied 5 percent on Tuesday, as buyers rushed back into the market after stronger export data and an overnight jump in soyoil and crude oil prices, traders said.
Malaysia Palm Oil prices continue to slide
11/03/2008 (Commodity Online, India), Mumbai - Palm oil prices in Malaysia, the global benchmark, declined for a fifth day following losses in vegetable oils in Chicago and China, and as weakness in equity markets triggered selling of commodities.
Soaring palm oil price to hit State
11/03/2008 (The Hindu), Kollam - As Malaysia has begun diverting huge quantities of palm oil for the production of biofuel, the international price of the oil is soaring. The development will have a major impact on Kerala economy since palm oil is a widely used medium of cooking in the State.
Long way to go for biofuel industry
10/03/2008 (The Edge Daily), Kuala Lumpur - When reports that European Union (EU) might ban biofuels derived from crops grown on some sensitive ecosystems surfaced, Malaysian palm oil players were feared to be the biggest casualties.
ANALYSIS-Thai shares bask in biofuel frenzy, for now
10/03/2008 (Reuters), Bangkok - Thai growers of "energy" crops such as palmoil and sugar are enjoying big profits and soaring share prices as demand surges for alternative fuels, but state price controls to fight inflation may check further gains.
Environment high on corporate M’sia agenda
10/03/2008 (The Star Online) - MALAYSIAN companies are increasingly aware of the detrimental effects of global warming, and some have been actively addressing its impact via systematic initiatives over the past three to five years.
