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A delicate balance for biodiesel mandate
Malaysia's palm oil stocks seen to drop further to 2.24mil tonnes in April
CPO Futures Close Slightly Higher, Tracking Gains In Soybean Oil Prices
Supply tightening boosts value for Malaysian palm oil
Ivory Coast\'s Sifca Looks To Central Africa
12/05/2012 (Reuters) - Ivory Coast agro-industry group Sifca is looking to set up rubber and palm oil plantations in central Africa to boost output and is also eyeing rice production at home, the company's chairman said on Friday.
Low Graded Palm Oil Sold As Soya Bean Oil in Bangladesh
12/05/2012 (Weeklyblitz) - Edible oil sellers in Bangladesh are largely cheating the customers by selling used Palm Oil as refined Soya Bean oil, which are imported from countries like Malaysia and Indonesia. Though used palm oil in harmful to human health, the racket of unscrupulous importers and bottlers of edible oil in Bangladesh are following the wrong practice of importing used palm oil as well as GMO palm oil in Bangladesh and selling it in the name of refined soya bean oil. Sources at Chittagong sea port customs told Weekly Blitz that during past 3 years, the total import volume of refined soya bean oil was only 91,000 metric tons, while import of palm oil, mostly from Malaysia and Indonesia was above 3 million tons. Bangladesh annually consumes approximately 2.4 million tons of edible oil, while more than sixty percent of the total requirement is imported from abroad.
Vegetable Oil Imports Jump 95% To 7.27L Tonne in April
12/05/2012 (Financial Express) - India’s vegetable oil imports jumped by 95% to 7.27 lakh tonnes in April 2012 against 4.35 lakh tonnes in the year-ago period, according to industry data released on Friday.
Oil Palm Tree Stress Buoys CPO Prices on Resilient Global Demand
12/05/2012 (Borneo Post) - A worse than expected biological stress on oil palm trees has caused a production decline in crude palm oil (CPO), keeping prices aloft as worldwide demand for the commodity generally remains resilient as ever.
Commodities, Equities in The Red on Europe Debt Woes
12/05/2012 (The Star) - Commodities including oil and gold fell on worries about the eurozone debt crisis at midday on Friday while all key regional equities markets were in the red, posting losses of up 1.4%.
Chinese Chamber Contributes To Business Growth In Sandakan
11/05/2012 (Bernama) - The Sandakan Chinese Chamber of Commerce (SCCC), established 12 decades ago, plays a vital role in the growth of business activities in the region.
April Palm Oil Stocks Drop, Exports Record Increase
11/05/2012 (Bernama) - Palm oil stocks dropped 5.41 per cent in April to 1.848 million tonnes against 1.954 million tonnes registered in March, says the Malaysian Palm Oil Board (MPOB).
VEGOILS-Palm Oil Gains on Lower Stocks View; USDA Eyed
11/05/2012 (Reuters) - Malaysian palm oil futures edged up on Thursday, as traders bet on lower palm oil stocks, although gains were capped by lingering euro zone fears and slower exports of the edible oil this month.
Malaysia Palm Oil Industry Performance for April
11/05/2012 (Bloomberg) - The following table shows Malaysia’s palm oil production, stocks, exports and imports for April according to the Malaysian Palm Oil Board.
