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MPOB Monthly Report Imminent: Malaysia's Palm Oil Stockpiles May Surge Past 2.6 Million Tonnes as Strong El Niño Fuels Distant-Month Supply Cut Expectations
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
CPO futures end mostly higher on soybean oil gains
Nigeria Must Uphold Import Ban on Palm Oil
07/03/2011 (The Guardian) - STAKEHOLDERS in the palm oil sub-sector of the Agriculture industry have charged the Federal Government to uphold the ban on importation of the commodity and its derivatives into the country.
Further Strengthening for CPO Futures
07/03/2011 (Business Times) - Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives is expected to strengthen next week with the market looking for clues from the three-day Palm and Lauric Oils Conference & Exhibition Price Outlook 2011, beginning Monday.
Palm Oil Demand to ‘Outpace’ Supplies in 2011, TransGraph Says
07/03/2011 (Bloomberg) - Palm oil demand will grow this year, outpacing supplies, even as production in Southeast Asia may improve from the second quarter onwards on better weather conditions, TransGraph Consulting Pvt. said.
South India Chosen for Most of Oil Palm Boost
07/03/2011 (Business Standard) - Centre to also give 50% subsidy for new mills, technical help to cultivators.
PM: Concerned agencies to discuss Oil Fund; Palm oil shortage to be eased
07/03/2011 (MCOT Online News) - As the unrest in the Middle East continues and pushes oil prices higher worldwide, Thai Prime Minister Abhisit Vejjajiva said that concerned government agencies will meet Monday to discuss public worries on the dwindling state Oil Fund and simultaneously stressed that the palm oil shortage situation in the country should ease this week.
Global Insights Into Palm Oil
07/03/2011 (Business Times) - High food prices have excited edible oil traders from all over the world and this week, the Palm and Lauric Oils Conference & Exhibition Price Outlook (POC) 2011, is set to have a record attendance.
Oily Scenario Continues to Challenge Policymakers
07/03/2011 (Business Times) - With the risk of rising consumer prices, it will be interesting to see how Bank Negara Malaysia is able to ensure that Malaysia enjoys economic growth of between 5 and 6 per cent this year.
MALAYSIA DAYBOOK: Exports, Badar Raya, Gefung, Fajabaru, Sunway
07/03/2011 (Bloomberg) - Malaysia’s exports rose at the slowest pace in three months in January as electronics manufacturers shipped fewer goods to customers in the U.S. and China.
Economic Implications of The Union Budget
07/03/2011 (The Hindu) - The immediate economic target for the Union budget is how to moderate inflation without sacrificing growth. The fiscal policy has to be a blend of immediate tax and expenditure measures for achieving this objective. This involves a reduction of budgetary deficit and borrowing by the government as a complementary support to monetary policy of the Reserve Bank of India which has been raising the interest rates in instalments in the last one year. How far has this been accomplished merits examination.