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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
Palm oil maintains its price advantage over soybean oil, but only through the end of summer
Nestle upbeat on growth opportunities
12/01/2010 (The Star Online), Petaling Jaya - Nestle (M) Bhd, one of the country’s biggest food manufacturers, sees good opportunities for growth this year, said managing director Peter R. Vogt.
BIDCO demands more forest land
11/01/2010 (The New Vision) - BIDCO is pushing the Government to allow it use part of a protected forest reserve on Bugala Island for planting palm trees.
Palm oil imports from Indonesia likely to rise 10%
12/01/2010 (The Financial Express), Kolkata - Indonesian exports of palm oil to India is likely to go up by at least 10% in the current marketing year that started in October on the back of higher demand in the subcontinent and favourable weather in Indonesia, leading to a spurt in production.
Palm Oil Exports Decline 19.47 Per Cent In December
11/01/2010 (Bernama), Kuala Lumpur - Malaysian palm oil exports declined 19.47 per cent to 1.21 million tonnes in December compared with November's offake of 1.501 million tonnes, the Malaysian Palm Oil Board (MPOB) announced Monday.
Crude palm oil price may spiral to RM3,000 per tonne
11/01/2010 (NST Online), Kuala Lumpur - Crude palm oil price is expected to soar up to RM2,500 a metric tonne with bright prospects to clinch RM3,000 a metric tonne in the first quarter of this year following higher demand for the commodity from China, India and the European Union. Felda chairman Tan Sri Dr Yusof Noor said the forecast was based on the analyses of various parties and the upward price trend this year.
Northern Hemisphere Weather Impact On Malaysian Market Minimal, Says OSK
11/01/2010 (Bernama), Kuala Lumpur - The bad winter conditions in most of the Northern Hemisphere and demand for fuel, has sent oil and coal prices soaring.
Mustard Output in India May Fall on Weather, Boosting Palm Oil
11/01/2010 (Bloomberg) - The mustard seed harvest in India may be smaller than a year earlier as dry weather reduced the planting area of the winter-sown crop, said an official at the nation’s biggest group of oilseeds processors.
Planters seek review of tax, cess and levy
11/01/2010 (The Star Online), Kuala Lumpur - Oil palm plantation players hope the Government will review and restructure the tax, cess and levy imposed on palm oil, said Malaysian Palm Oil Association (MPOA) chief executive officer Datuk Mamat Salleh.
Sustainable oil palm practices
09/01/2010 (NST Online), Sandakan - Growing concern about the need for the oil palm sector to do its bit for the environment and to produce edible oil in a sustainable way is the focus of an upcoming workshop here.
