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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
Checks on Singaporeans leaving with oil
08/01/2008 (The Star Online), Johor Bahru - Domestic Trade and Consumer Affairs Department officers are stationed at the Causeway and Second Link to prevent Singaporeans from taking out palm oil-based cooking oil from the country.
Rationing of cooking oil in force in Malaysia
07/01/2008 (AFP), Kuala Lumpur - Malaysian retailers have begun to ration cooking oil purchases after the government imposed restrictions to curb a shortage blamed on smuggling and panic-buying triggered by price-hike rumours.
Govt to flood market with cooking oil
08/01/2008 (The Star Online), Kuala Lumpur - The market will be flooded with 70,000 tonnes of cooking oil to resolve the shortage of the essential item.
70,000 tonnes of cooking oil to enter market today
08/01/2008 (NST Online), Kuala Lumpur - There should no longer be a shortage of cooking oil in the country, as from today 70,000 tonnes of it will flood the market.
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.