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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
Orangutan should become symbol of palm-oil opposition
02/01/2008 (Mongabay.com) - Organutans could serve as a symbol to unite conservationists against damaging palm-oil production. In a letter published today in Nature, Oscar Venter, Erik Meijaard and Kerrie Wilson argue that proposals for conservation groups to purchase and run oil palm plantations for the purpose of generating funds for forest protection are unlikely to be successful. The concept was originally put forth by Lian Pin Koh and David S. Wilcove in a 2007 Nature article.
Africa: 2008 Promises Good Returns for Farmers
01/01/2008 (AllAfrican.com) - African producers of almost all agricultural commodities can expect strong prices on global markets next year, with growing investor interest boosting demand-related increases.
India keeps edible oil tariff values unchanged
01/01/2008 (Reuters), Mumbai - India left tariff values unchanged for six palm group oils and crude soybean oil, a Central Board of Excise and Customs notification said on Tuesday.
Prices of oil, rice going out of reach
02/01/2008 (The Daily Star, Bangladesh) - Consumers in lower and middle income brackets have been hit hard by the skyrocketing prices of oil and rice over the last week with traders fearing further jumps due to price hikes on the global market.
Eco-conscious palm oil
01/01/2008 (The Star Online) - Oil palm companies are subjecting themselves to scrutiny to meet consumer demand for eco-friendly palm oil. Palm oil is heading for certification – the first tangible sign of a commitment towards sustainable production of the versatile yet controversial commodity.
India-Asean talks resume next Monday
02/01/2008 (The Bangkok Post) - India-Asean free trade talks are scheduled to resume next week and, if all goes well, a deal will be concluded in March and signed by June after missing earlier deadlines, according to Thai authorities.
Pak-Malaysia FTA to be operational from today
01/01/2008 (The Daily Times, Pakistan), Islamabad - Pakistan and Malaysia are set to enter into a free trade arrangement (FTA) from New Year today under Malaysia-Pakistan Closer Economic Partnership Agreement (MPCEPA) 2008-2014.
Indonesia to double palm oil export taxes
28/03/2008 (ICIS News), Singapore - Indonesia will double the taxes slapped on crude palm oil (CPO) exports in April to curb inflation, but oleochemical makers were cautiously optimistic that this would increase local feedstock supply and lower prices, industry sources said on Friday.
Dual income for ECER oil palm farmers
31/12/2007 (The Star Online), Kuala Lumpur - The East Coast Economic Region (ECER) plans to integrate cattle rearing in oil palm lands will provide dual income to oil palm farmers and can create 6,000 new job opportunities for the region, said Malaysian Palm Oil Board’s director-general Datuk Dr Mohd Basri Wahid.
