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AI boom is turning Malaysia’s palm oil estates into data centres
CPO prices to stay elevated on firm demand and tight supply
CPO price dip seen as temporary, stocks to rise in November: CIMB Securities
Malaysia lowers December crude palm oil reference price, maintains duty at 10%
Malaysia would like to see India as its hub for pa
Mr Peter Chin, Malaysian Minister for Plantation Industries andCommodities
New growth sources sought for farming
10/08/05 - MALAYSIA is blowing the dust off its long-neglected farmingsector to look for new sources of economic growth and to reinvigorate itspolitical heartland.
Palm Oil Futures May Rebound on China, India Deman
09/08/05 (Bloomberg) -- Palm oil futures may rise as much as 19 percent inthe next 12 months, as India and China buy more cooking oil and recordpetroleum prices boost demand in Europe for substitute fuels, analystsincluding Christine Salim said.
Proposed Bio-Fuel Needs 500,000 Tonnes Of Palm Oil
11/08/05 KUALA LUMPUR (Bernama) -- In response to the government's call toproduce and use palm oil-based biofuel, Malaysia Palm Oil Association(MPOA) said that a total of 500,000 tonnes of palm oil would be neededeach year for the purpose.
Time to get serious about the haze
10/08/05 - IT IS high time for the Malaysian Government to get seriousabout the haze, and not because of its impact on the tourism industry. Thehealth of Malaysians and the economy are at stake.
Brazil's new soya crop seen at record 63.1 million
10/08/05 RIO DE JANEIRO (Reuters): Brazil's 2005/06 (October-September)soya output is set to rise by 22 percent to a record 63.1 million tonnesfrom 51.7 million tonnes this year, private analysts Celeres said onMonday.
CHINA PLANS OIL PALM PLANTATIONS IN KALIMANTAN
09/08/05 JAKARTA, (Asia Pulse) - A number of Chinese investors will buildoil palm plantations with a total investment of US$8 billion along theborder area with Malaysia in Kalimantan.
IJM Plantations to set up palm oil mill in Sandaka
03/08/05 (The Star) - IJM Plantations Bhd plans to set up a new palm oilmill in Sugut, Sandakan within the next 2½ years.Managing director and chief executive officer Velayuthan Tan said: "Wewill invest about RM30mil for the 30-tonne per hour mill to cater for theanticipated double-digit growth annually in our fresh fruit bunches (FFB)production over the next four years."
Indonesia Set to Export More Palm Oil to India Thi
09/08/05 NEW DELHI, (Asia Pulse) - Indonesia, the world's second largestpalm oil producer, is likely to export about two million tonnes of thecommodity to India this year, 11 per cent more than the 1.8 million tonneit shipped last year."We are expecting that exports to India this year will be about twomillion tonnes as compared to 1.8 million tonnes last year," Derom Bangun,chairman of Indonesian Palm Oil Producers Association, said on thesidelines of the India-Indonesia Joint Business Council meeting here.