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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
Agriculture Ministry speeds expansion of oil crop areas
06/12/2007 (Thai News Agency), Bangkok – In response to His Majesty King Bhumibol's advice on bio-diesel production, Thailand's Agriculture and Agricultural Cooperatives Ministry is set to accelerate expanding oil plant growing areas to accommodate alternative fuel production.
Malaysia export growth quickest
05/12/2007 (Daily Times, Pakistan), Kuala Lumpur - Malaysian exports grew at the fastest annual pace in nearly a year in October, as strong sales of palm oil and crude oil offset modest demand for electronics, government data showed on Tuesday.
Palm oil import fuels protest
06/12/2007 (newindpress.com), Kozhikode - The LDF, various youth organisations and farmers’ outfits have called a hartal in Beypore panchayat on Thursday to protest against the import of palm oil at the Beypore port.
Malaysia\'s Petronas considers making biofuels
05/12/2007 (Channel News Asia), Kuala Lumpur - Malaysia's state oil firm Petronas is considering developing biofuels in view of the growing popularity of the renewable energy source, a report said Wednesday.
City schools ready to buy used oil
07/12/2007 (Bangkok Post) - In response to His Majesty the King\'s speech underlying the importance of biodiesel, the Bangkok Metropolitan Administration (BMA) has come up with a plan to make the 436 schools under its supervision points of purchase for used vegetable oil to promote the fuel\'s production. The plan was announced two days after the King made his speech.
Proposed remedy
07/12/2007 (The Statesman, India) - Bio-fuel could be part of the solution to climate change, also can be part of a strategy to limit fuel use
India Oils - Palm buys to dominate in Dec/Jan after price falls
04/12/2007 (Reuters), New Delhi - A drop in global prices of soy and palm oils will have little impact on import volumes in December by India's private trade, but more of the purchases will be of palm, traders said on Tuesday.
CPO dips below RM2,900 a tonne
05/12/2007 (The Star Online), Petaling Jaya - Crude palm oil (CPO) prices yesterday dipped below RM2,900 a tonne for the first time in two months as a retreating crude oil price dented sentiment.
Still Seeking: Sustainable Palm Oil
03/12/2007 (Emagazine.com) - The world’s major palm oil producers last week announced that they have created a new certification process to ensure ongoing sustainable production and the protection of the world’s remaining tropical rainforests. While details of the new standards as put forth by the industry-led Roundtable on Sustainable Palm Oil (RSPO) were not disclosed, Reuters reports that participating palm oil producers have agreed to commit to “preserve rainforests and wildlife, avoid conflicts with indigenous people and improve palm oil yields†by early 2008.
