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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
CPO futures end mostly higher on soybean oil gains
Malaysian end of July palm oil stocks hit near two-year high
Palm oil maintains its price advantage over soybean oil, but only through the end of summer
Don’t use edible oil for bio-fuel: SEA
23/10/2007 (Commodity Online), Mumbai - Discourage use of edible oil for bio-fuel production or face starvation. That is the message of Solvent Extractors’ Association of India (SEA) to the Indian government.
Edible oil for biofuel under attack
23/10/2007 (Business Standard) - The Solvent Extractors’ Association of India (SEA) has urged the government to discourage the use of edible oils, including rapeseed oil, palm oil and soybean oil, for biofuel as it would lead to a price rise in edible oils.
Experts work to save orangutans
22/10/2007 (The New Zealand Herald), Chicago - The remaining 62,000 orangutans in the wild could be wiped out within decades as forests in their Asian island habitat are decimated by loggers and palm oil farmers, say conservationists.
Palm oil demand wiping out world\'s orangutans
19/10/2007 (Chicago Sun-Times) - Studies conflict on the health benefits of palm oil, but experts meeting at the Brookfield Zoo said Thursday it's bad for one species: orangutans.
Coconut oil may not gain from ban
20/10/2007 (Business Standard) - The move to ban the import of palm oil through the Kochi port may not provide relief for the coconut oil sector, reeling under falling prices.
Record oil price boosts demand for biofuels but critics question the cost
19/10/2007 (AFX News Limited), KUALA LUMPUR - Record oil prices have boosted demand for biofuels as consumers and companies look for cheaper and cleaner energy sources, but there are growing concerns that the various substitutes for gasoline and diesel may be doing more harm than good.
Malaysian CPO futures surge to record high
19/10/2007 (Reuters) - MALAYSIAN crude palm oil futures crude palm oil futures surged to a record high today, driven by strong overnight gains in rival soyabean oil and crude oil markets.
Palm oil, a diesel substitute
19/10/2007 (The Hindu), KOCHI: In its quest to find alternative uses of the country’s traditional product, palm oil, the Malaysian Palm Oil Council is experimenting with a number of ways to carve out a niche of its own in the highly competitive energy sector.
Indonesia to Miss Palm Oil Target, Pangestu Predicts
17/10/2007 (Bloomberg) - Indonesia, the world's largest palm oil grower, forecast that it will miss a target for output this year because of dry weather, exacerbating a shortage of the commodity that has helped drive the price to a record.
