|
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
Brand wagon to help Malaysia sell palm oil
28/08/2008 (Commodity Online) - Malaysia is desperately trying to market its palm oil as a different entity in the world market with the European Union and other nations looking at south Asian oil with suspicion.
Palm Oil Reached `Bottom\' at $750, Derom Bangun Says
27/08/2008 (Bloomberg) - Palm oil prices have reached a ``bottom'' and will be supported by declining supplies and increasing demand for biodiesel, Derom Bangun, chairman of the Indonesia Palm Oil Association, said.
Palm oil firms reject forest moratorium
27/08/2008 (The Jakarta Post, Jakarta) - Palm oil companies operating in Indonesia have opposed any moratorium on forest and peat land conversions, saying it will play havoc with the industry and the national economy.
Crude palm oil prices: Reading into the roller-coaster ride
27/08/2008 (The Jakarta Post, Jakarta) - Crude palm oil (CPO) price movements have been nothing short of a roller-coaster ride. From a mid-June 2006 price of around US$400 per ton, it shot up 350 percent to $1,400 per ton in Rotterdam before plunging 37 percent to the current level.
Malaysian Palm Oil Exporters Not Facing Severe Contract Defaults
27/08/2008 (Asia Pulse), Kuala Lumpur - Malaysian palm oil exporters are not facing a severe default on contracts despite the slow demand for the commodity over the past few months, the Malaysia's Palm Oil Refiners Association said Monday.
Malaysia’s KLK to boost oil palm planting
27/08/2008 (Daily Times), Kuala Lumpur - Kuala Lumpur Kepong Bhd, Malaysia’s third-largest listed planter, plans to grow oil palm at 10,000 hectares every year, mostly in Indonesia, to meet global demand for the vegetable oil, a top official said.
Record coconut oil production in 2007
27/08/2008 (Ceylon Daily News) - Sri Lanka has achieved a high coconut oil production of 84,788 mt in last year recording a significant increase of 324 per cent after 22 years.
Palm Oil Producers Need To Provide Traceability Report For Better Access Into EU
26/08/2008 (Bernama), Kuala Lumpur - Malaysian palm oil producers should provide comprehensive traceability report of their production to comply with the European Union's new directive on renewable energy to better penetrate the market there.
Fima aims for 25% revenue growth in FY09
26/08/2008 (The Star Online), Kuala Lumpur - Fima Corp Bhd hopes to achieve 25% growth in revenue to RM220mil for the financial year ending March 31 (FY09), backed by higher contribution from its oil palm plantation in Indonesia.
