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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
Palm oil price reduced by Rs. 5
24/10/2008 (The Hindu), Chennai - The retail price of palm oil sold through fair price shops under the special public distribution system has been reduced from Rs. 40 a litre to Rs. 35.
Private Sector Help Needed To Tackle Declining Commodity Prices
23/10/2008 (Bernama), Putrajaya - The private sector's help is being sought to find solution for the declining commodity prices especially for rubber and crude palm oil.
Companies Sign Pledge Against Palm Oil\'s Expansion
24/10/2008 (Environmental Protection) Thirty-one food, cosmetic, and consumer goods companies – and one palm oil supplier – have signed a Rainforest Action Network (RAN) pledge to support a moratorium on the expansion of palm oil plantations into tropical forests, according to an Oct. 22 press release.
Indonesian Palm Oil Producers Ready To Use Biodiesel
23/10/2008 (Bernama), Jakarta - Most Indonesian palm oil producers are ready to utilise biodiesel fuel, to increase the use of crude palm oil, as the price of the commodity in the world market has dropped.
CPO price close to critical level
23/10/2008 (The Star Online), Petaling Jaya - The crude palm oil (CPO) price is nearing its critical level of RM1,500 per tonne, mirroring the dampening impact of the global economic slowdown on demand for major commodities.
India considering tax on vegetable oil imports
23/10/2008 (Daily Times), New Delhi - India is considering to tax vegetable oil imports to protect the domestic industry from a slump in prices and lift a ban on exports, the farm minister said on Wednesday.
Why price of oil palm drops
23/10/2008 (Solomon Star News) - GUADALCANAL Plains Palm Oil Limited (GPPOL) general manager, Harry Brock, says the drop in palm oil prices to local outgrowers was due to global market forces.
Palm oil outgrowers not happy with drop in price
23/10/2008 (Solomon Star News) - THE Palm Oil Outgrowers Association on Guadalcanal Plains wants the Guadalcanal Plains Palm Oil Limited (GPPOL) to explain the drastic drop in palm oil prices.
Govt may revise tax on imports of edible oils
22/10/2008 (Live Mint) - New Delhi: India, the world’s largest buyer of vegetable oils after China, may impose tax on imports to protect oilseed growers as cheap palm oil floods the domestic market.
