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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
Vanaspati industry petitions against duty on crude palm oil
28/12/2008 (The Hindu), New Delhi - Apprehensive of re-imposition of duty on crude palm oil, vanaspati manufacturers have asked the government to desist from such a move as it could lead to higher prices of cooking oil.
Helping smallholders get fair prices
28/12/2008 (NST Online) - OIL palm was introduced in the 1960s to reduce Malaysia's heavy dependency on rubber and tin. Now the country's most important commodity, it accounts for 51 per cent of world production and 62 per cent of our exports.
Malaysia: Commodities Under More Pressure In 2009
26/12/2008 (My.Sinchew), Malaysia - Reduced demand coupled with depressed prices are expected to pressure Malaysia\'s major commodities such as crude palm oil (CPO), rubber and tin next year
Indonesia to increase palm oil base rate
26/12/2008 (The West Australian) - Indonesia, the world’s biggest palm oil producer, will raise the base price for palm oil exports in January to $418 a metric ton and keep the duty at 0 per cent.
Investor to produce biodiesel in Luapula
25/12/2008(Lusaka Times) - An investor has expressed interest to venture into biodiesel production from palm oil in Luapula Province next year.
Veg oil prices to rise 20% in \'09
25/12/2008 (Business Standard) - Despite the weak global outlook, edible oilseeds and oils prices are likely to appreciate 20 per cent in 2009 on rising palm oil demand from the food sector constituting 15 per cent of global consumption.
No case for raising customs duty on palm oil
24/12/2008 (Commodity Online), New Delhi - The Vanaspati Consultative Committee, an apex body of the Vanaspati industry has urged the Union Government not to increase customs duty on Crude Palm Oil as consumer prices of edible oils continue to be high with prices of major oilseeds ruling above Minimum Support Price (MSP).
Oil palm planters may get cess respite from Govt
24/12/2008 (The Star Online), Kuala Lumpur - The Government is considering a reduction in the Malaysian Palm Oil Board cess payment or even suspend it for a certain period to assist planters in dire straits.
Oil palm initiative to pay out 8% yield
24/12/2005 (The Star Online), Serdang - Plentiful Gold-Class Bhd, which manages Country Heights Growers Scheme (CHGS), a collective oil palm growing initiative, will deliver an 8% payout nett yield to its participating planters next month.
