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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
Palm oil inventories to stay elevated next year
CPO Reference Price Falls 3.9 Percent in December 2025
Edible oil prices may increase
07/10/2010 (The Times Of India), Mumbai - Edible oil makers are closely monitoring the price of crude palm oil, which is on the rise after remaining stable for a couple of months. This can have a direct bearing on edible oil prices if headwind pressures continue to build. Leading edible oil maker Adani Wilmar has already increased the price of its Raag vanaspati brand from Rs 45 per litre to Rs47 per litre, a hike of 4.4%. Other vanaspati makers may follow suit. A Bunge India official said that the company would consider a price increase.
Select edible oil prices strengthen in mixed trade
05/01/2010 (Press Trust of India), New Delhi - In a mixed pattern of trading, groundnut and crude palm oil prices strengthened up to Rs 100 per quintal at the oils and oilseeds market in the national capital today on increased buying by vanaspati mills to meet the marriage season demand amid firming global trend.
CPO upswing bodes well for Kulim
05/01/2010 (The Star Online) Petaling Jaya - Analysts are generally bullish on the plantation sector with crude palm oil (CPO) prices targeted to hit RM3,000 per tonne by the end of the first quarter. CPO is currently hovering around RM2,600 per tonne.
Palm oil extends 2009 rally on crude oil rise
05/01/2010 (Bloomberg) - Palm oil climbed to the highest in more than seven months, extending the best annual gain in 12 years, as gains in crude oil prices increased its appeal as a substitute used in biofuels.
Malaysia ETF Should Benefit from Asia Free-Trade Agreement
04/01/2010 (Seeking Alpha Online) - On January 1st, 2010, China and ASEAN’s 10 Southeast Asian nations (combined GDP of over $1 trillion) will launch the world’s third-largest free trade area. Trade between China and the 10 states that make up the Association of Southeast Asian Nations has soared in recent years, to $192.5 billion in 2008, from $59.6 billion in 2003. The new free trade zone, which will remove tariffs on 90 percent of traded goods, is expected to increase that number but there will be losers and winners as China applies even more economic pressure on ASEAN manufacturers.
4 Reasons Indonesia ETF Was Among Last Year’s Best
04/01/2010 (Seeking Alpha Online) - Indonesia was a frontier market that was on the radar of many an investor – until the markets melted down. In 2009, Indonesia and its related ETF climbed its way back and delivered stellar numbers. How did they do it?
Palm up, best annual rise in 12 years
04/01/2010 (Business Times, Malaysia) - PALM oil gained to the highest in more than seven months, adding to the best annual performance in 12 years, on anticipation higher crude oil prices would lift demand for biofuels.
Local Biofuel Output Dives In 2009 as CPO Price Rises
03/01/2010 (The Jakarta Globe) - Indonesia fell woefully short of its biofuels target in 2009 as producers halted operations because of the surging price of crude palm oil, the main raw material.
Ta Ann eyes more land to expand oil palm plantations
31/12/2009 (The Star Online), Petaling Jaya - Timber and plantation group Ta Ann Holdings Bhd will further expand its oil palm plantations, especially in Sarawak, via landbank acquisitions, said group managing director Datuk Wong Kuo Hea.
