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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
Malaysia to increase subsidised cooking oil quota
07/01/2008 (The Economic Times), Kuala Lumpur - Malaysia will not have to ration cooking oil, because it is increasing the supply of subsidised cooking oil to help replenish depleted stocks, Prime Minister Abdullah Ahmad Badawi said on Monday. "The meeting found that there was no shortage of cooking oil supply in the country," Abdullah said in a statement.
Cooking Oil Panic in Malaysia
08/01/2008 (Radio Australia) - Malaysian retailers have been forced to ration cooking oil purchases after the government imposed restrictions to combat shortages.
Malaysia seeks to ration sales of cooking oil
07/01/2008 (The Financial Times) - Malaysia has called on stores to ration cooking oil sales because of panic buying sparked by rumours that the government was set to raise the price of the basic household commodity.
Edible oil importers ask govt to drop tax
07/01/2008 (The Daily Star, Bangladesh) - The importers and refiners of the country yesterday called on the government to relax value added tax (VAT) and other levies on the import of edible oil to keep the domestic market stable.
Hawkers badly hit by oil shortage
07/01/2008 (The Star Online), Penang - Until the cooking oil supply is back to normal, economy rice seller Lim Chin Aik is cutting down on the amount of food that he normally prepares for his customers.
No discharge of palm oil High Court Round-up
04/01/2008 (The Hindu), Kochi - The Kerala High Court on Tuesday refused permission for discharging 3,000 tonnes of palm oil, for which the contract for import was signed after the new Central Government notification banning import through the ports in the State was issued.
Felcra may venture into cooking oil business
06/01/2008 (NST Online) - Felcra chairman Datuk Nasaruddin Hashim said a study was being carried out and a decision would be made soon.
Cooking oil shortage: Limited supply at stores, hypermarts
05/01/2008 (NST Online), Kuala Lumpur - Some hypermarkets and grocery stores in the Klang Valley are experiencing shortage in the supply of palm oil-based cooking oil.
A rush for cooking oil
06/01/2008 (The Star Online), Petaling Jaya - The rush is on to buy cooking oil at retail outlets and hypermarkets here.