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Malaysia welcomes US tariff cut on palm oil, eyes RM21b in exports but warns against overreliance on single market
MPOB: Malaysia urged to diversify palm oil markets amid US tariffs
Crude palm oil's discount to soybean likely until 3Q, may spur Indian demand — analysts
Palm Oil demand from China and India expected to rise as prices become competitive, says MPOC
China may increase import of palm oil
25/2/06 (Business Times) -- CHINA, the world's largest consumer of vegetable oils, may import 14 per cent more palm oil this year to meet demand for processed foods, LMC International, a London-based researcher says.
Global palm oil prices likely to rise
2/3/06 HAMBURG (Reuters) - Wed: A below-average increase in global palm oil production, with strong consumption, is likely to raise prices in the near future, Hamburg-based oilseeds analysts Oil World said on Tuesday.
Malaysia to lose top palm oil status to Indonesia
26/2/06 KUALA LUMPUR (AFP) - Malaysia will likely lose its long-held status as the world's top palm oil producer to Indonesia within the next two years, according to a leading industry figure.
MPOPC In New Wave Of Promotional Efforts For Palm Oil
25/2/06 KUALA LUMPUR (Bernama) -- Overseas markets for palm oil and palm-based products have been developing well and this has prompted the Malaysian Palm Oil Promotion Council (MPOPC) to put in a new wave of promotional efforts.
Bullish Palm Looks to Biofuel for Future
23/2/06 KUALA LUMPUR - Dreams of powering automobiles and energy plants have propelled palm oil prices to a near one year-high before a key industry conference this week in top producing country Malaysia.
Palm Oil Poised To See Boom Times
24/2/06 KUALA LUMPUR (Bernama) -- Palm oil could see a boom market later this year and the next spurred by a possible hike in crude oil prices and the fall of the US dollar to 1.05 euro, says the director of Godrej International Ltd, Dorab Mistry.
Palm Oil Output Expected To Be Lower For First Half 2006
23/2/06 KUALA LUMPUR (Bernama) -- Malaysia's palm oil output is expected to be lower for the first half of 2006 compared to the same period in 2005, Plantation Industries and Commodities Minister Datuk Peter Chin Fah Kui said Thursday.
Palm Oil Price Underquoted, Mostly Determined By Big Importers
23/2/06 KUALA LUMPUR (Bernama) -- The price of palm oil should reflect its true value given its diversification, nutritional and functionality content, rather than be under-quoted as mostly determined by big importers.
Price of Indonesian Crude Palm Oil Seen Rising This Year
23/2/06 JAKARTA (Asia Pulse) - The price of crude palm oil (CPO) is predicted to rise this year with expected increase in demands from China and India and growing requirement to be processed in alternative fuel.
