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Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
Palm oil consumption forecast to increase
CPO Reference Price Falls 3.9 Percent in December 2025
Palm oil inventories to stay elevated next year
Pawar Hails Budget as Farmer-Friendly
01/03/2011 (Business Standard) - Terming the general budget as "farmer-friendly", Agriculture minister Sharad Pawar today said the government has fulfilled the long-cherished demand of farming community by lowering the interest rate on farm loan to 4 per cent through subvention incentives.
Global Palm Oil Industry Meeting Next Month
25/02/2011 (thenews.com) - Food price inflation and recovering Southeast Asian palm oil output will take centre stage at the industry’s largest event - the Bursa Malaysia’s annual Palm and Lauric Oils Conference & Exhibition.
Thailand Diverts Oil Meant for Biofuel
28/02/2011 (Biofuel-News) - In Thailand, the world's third-largest producer of palm oil, the Energy Ministry is to hold 5,000 tonnes of crude palm oil (CPO) for use of cooking oil, as the country's government works to address the shortage of domestic palm oil.
Lower Indian Import May Hit vegoil Prices
28/02/2011 (The Financial Express) - India will process 12% more domestic oilseed crops into cooking oil this year,trimming imports of edible oil by up to 5% in the first such slowing in five years, easing global prices and blunting food-driven inflation.
Sri Lanka: Retail Rally Continues
28/02/2011 (Asiantribune.com) - Acuity Stockbrokers Research Ltd in their market review indicated that the All Share Price Index ( ASPI) gained 39.13 points or 0.51% during the week’s trading to close at 7711.62, while Milanka Price Index ( MPI) lost 72.81 points, amounting to 1.01% to close the week at 7242.16.
Sime Darby Eyes Palm Oil Expansion in Africa
28/02/2011 (Financial Times) - Sime Darby, the world’s biggest listed palm oil producer, is considering plans for a 300,000 hectare plantation in Cameroon as the industry rushes to expand in Africa in response to rising demand and near-record prices.
India : Import Duty Cuts on Budget Agenda
28/02/2011 (The Telegraph) - Finance minister Pranab Mukherjee is expected to announce a slew of import duty cuts in Union Budget 2011-12 to fulfil the commitments in India’s free-trade agreements (FTAs).
Govt Makes Headway on Bio-Fuels
28/02/2011 (East African Business Week) - With Uganda expected to start oil production soon, strong progress is being done in the field of bio-fuels to supplement on the available oil and energy in the country.
Plantation Firms in Sarawak to Pay More to Recruit New Indonesian Workers
25/02/2011 (The Star Online) - Plantation companies in Sarawak will have to pay about 15% more in wages to recruit new Indonesian workers soon.
