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Malaysia’s palm oil stocks rise in July despite 14.5pc jump in exports
Malaysian end of July palm oil stocks hit near two-year high
Gapki warns of sharp production losses
El Nino, biodiesel demand support CPO prices despite rising stocks
Palm Oil Stocks, Production, Exports Rise In April
11/05/2011 (Bernama) - Malaysia's palm oil stocks, production and exports rose in April this year, while imports declined compared with the previous month.
Crude Palm Oil Futures Remain Up on Global Cues
11/05/2011 (Business Standard) - Crude palm oil prices rose for the second straight day by adding Rs 3.90 to Rs 520.80 per 10 kg in futures trade today as speculators enlarged their positions on the back of a rising trend at spot markets.
ECM Sees CPO Averaging RM3,000 in 2011
11/05/2011 (Business Times) - ECM Libra Capital Sdn Bhd raised its forecast for crude palm oil average prices for 2011 to RM3,000 a metric ton from RM2,700 a ton due to the “high†average prices in the first quarter.
Export Credit Values Jump: Traders
11/05/2011 (Myanmar Times) - The value of export credits has shot upward in the wake of the Ministry of Commerce decision on April 9 to allow more companies to import palm oil.
Select Edible Oils Strengthen on Sustained Buying
11/05/2011 (Business Standard) - Select edible oils rose by up to Rs 30 per quintal in the wholesale oils and oilseeds market today on increased offtake by vanaspati millers, supported by a firming global trend.
Wilmar Expands in Europe With Palm-Oil Refining, Alcohol Plant
10/05/2011 (Bloomberg) - Wilmar International Ltd. (WIL), the world’s biggest palm-oil producer, will partner with a rival to refine and sell cooking oil in Europe, seeking to ease its reliance on China.
Oil Palm Players Call to Review High Taxes
10/05/2011 (The Star) - Many are aware that the targeted gross national income for the oil palm sector at RM187bil by 2020 from the current RM60bil is considered a tall order by industry practitioners.
Malaysia May 1-10 Palm Exports up 17Pc: ITS
10/05/2011 (Business Times) - Malaysia’s palm oil exports rose 16.6 per cent in the first 10 days of May from the same period in April, independent market surveyor Intertek said.
ACCIM To Hold Seminar On ETP
10/05/2011 (Bernama) - The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) will hold a seminar on "How You Can Participate and Benefit From the Economic Transformation Programme (ETP)".
