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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
CPO price likely at RM2,500 a tonne till year-end
13/09/2008 (Borneo Post Online), Brussels - Malaysia is confident crude palm oil price will remain at the current RM2,500 per tonne level until year-end, quashing concerns by certain quarters that the price will tumble following the slide in global oil price, Malaysian Palm Oil Board (MPOB) chairman Datuk Sabri Ahmad said.
MPOC Working Hard To Promote Malaysian Palm Oil In Europe
12/09/2008 (Bernama), Brussels - The Malaysian Palm Oil Council (MPOC) has been working hard for the past three years to promote palm oil in Europe, its chief executive officer Tan Sri Datuk Dr Yusof Basiron said.
Biodiesel exports set to grow
12/09/2008 (The Borneo Post) - MALAYSIA is on track to ship out 143,000 tonnes of biodiesel this year, 50 per cent more than last year as biodiesel producers reap fatter margins.
Palm oil flat, may rebound
11/09/2008 (The News International), Jakarta - Malaysian crude palm oil futures were little changed on Wednesday but dealers said they expected to see a rise in the afternoon session following news of bullish exports and lower-than-expected stocks data.
Comfortably-placed China good for grain, oil markets
11/09/2008 (The Economic Times), New Delhi - China is poised for bumper harvest of grain and oilseeds that should bin last year's shortages. Worried about food prices, Beijing has also agreed to import GM soyabeans. But this frenetic growth in Chinese food supply could make life pretty tough for punters in India. ET helps you join the dots.
Management of basal stem rot in oil palm
11/09/2008 (The Hindu) - Very few diseases are noticed on oil palm grown under irrigated and rain fed conditions. During recent times sporadic occurrence of basal stem rot was noticed in farmers’ gardens under irrigated conditions. Following technology is suggested for identification and management of the disease.
‘Palm oil must fall to boost biofuel, food demand’
11/09/2008 (The Financial Express) - Prices of palm oil, the world's most consumed vegetable oil, need to decline further to spur more demand from the biofuel and food sectors as stockpiles swell to records, said Dorab Mistry, director at Godrej International Ltd.
Orangutan under threat of extinction in Indonesia
09/09/2008 (Tehran Times), Jakarta - The population of Orangutans in Kalimantan or Borneo Island of Indonesia remained under threat of extinction, despite claims by palm oil firms of applying eco-friendly work practices, according to a newspaper here Saturday.
Falling palm oil price makes palm biodiesel viable, may offer target for NGOs
10/09/2008 (Mongabay) - Plunging palm oil prices are increasing its attractiveness as a biofuel feedstock and thereby helping buoy demand for the oilseed, reports Reuters.
