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Malaysia's total palm oil stocks surge 24.54% to 3.51mil tonnes in Sept
CPO Futures Close Lower On Weaker Soybean Oil Prices
Palm oil falls to 11-week low on weak exports, rising output
CPO Futures End Lower In Line With Weak Regional Vegetable Oil Markets
India, Indonesia race to curb edible oil prices
07/02/2008 (LiveMint.com), Dubai - No sooner did Indonesia signal higher export taxes on palm oil than India said it may cut import duty. The moves by the two governments highlight the struggle to contain living costs for their 1.3 billion people.
Government approves B4 price increase for palm oil
29/01/2008 (The Bangkok Post) - Bowing to complaints from refiners about rising raw material prices, the Internal Trade Department yesterday approved an increase in cooking palm oil prices by four baht per litre. Yanyong Phuangrach, the department's director-general, said the price would be raised from 43.50 baht per one-litre bottle to 47.50 baht to reflect rising costs of processors.
Cameroon: Commerce Delegate Seizes Hoarded Palm Oil
28/01/2008 (AllAfrica.com) - The Menoua Divisional Delegate of Commerce and Industries recently cracked down on palm oil dealers in Dschang.
Palmolien oil prices fall
28/01/2008 (The Hindu Business Line), New Delhi - Prices of palmolien oil declined by Rs 50 in the wholesale oil and oilseed market on Monday on stockists selling. However, prices of other edible oils moved in a tight range on small bouts of trade and settled at previous levels. Palmolien r bd moved down by Rs 50 to settle at Rs 5,800 a quintal on reduced offtake.
Edible oil prices drop
28/01/2008 (Commodity Online) - On Monday, global edible oil complex were pressurized by weak export data from Malaysia. Weakness in crude oil prices also dampened the market sentiments, as the oil prices play a part in directing the edible oil prices as it is also used as a raw material for biofuels.
Jatropha: the answer to oil woes
28/01/2008 (The New Vision, Uganda) - AS the volatile Middle East continues to affect global oil supply, countries like Uganda are chocking on heavy oil import costs. Crude fossil oil prices touched $100 (sh171,000) per barrel this year and are expected to reach the $150 (sh256,500) mark in two years.
Sabah’s three-pronged plan
29/01/2008 (The Star Online) - The latest ambitious blueprint for regional growth should spur the state to be on par with those in the peninsula by 2025. Chief Minister Datuk Seri Musa Aman outlines his vision for the Sabah Development Corridor.
Palm oil may test resistance, dip
27/01/2008 (Sify.com) - Malaysian palm oil futures ended higher on Friday with strong gains in soya oil and the energy complex. Exports were lower, offsetting falling production. Moreover, Chinese buying in the coming weeks are expected to be lower due to Lunar New Year holidays and production to increase simultaneously.
Soyoil up as Indonesia raises export price
25/01/2007 (The Economic Times), Mumbai - Soyoil futures rose on Friday after Indonesia raised its base export price for rival palm oil, a move that could push up domestic prices as the country imports 40 per cent of its vegetable oils.