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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
CPO futures end mostly higher on soybean oil gains
Malaysian end of July palm oil stocks hit near two-year high
Palm oil maintains its price advantage over soybean oil, but only through the end of summer
Palm Oil Rises After Malaysian Exports Gain, Stockpiles Decline
10/4/07 (Bloomberg) -- Palm oil futures in Malaysia, the world's largest producer, rose for a third day after the release of figures showing that a bigger-than-expected gain in exports in March pushed stockpiles to their lowest level in 19 months.
PERFORMANCE OF THE MALAYSIAN PALM OIL INDUSTRY, 10 March 2007
March palm oil exports up 29.9pc on month
10/4/07 (Business Times) - PALM oil exports rose 29.87 per cent to 1.051 million tonnes in March this year compared to 809,533 tonnes the previous month.
Palm oil climbs to 8-yr high on likely shortfall in supplies
3/4/07 (The Financial Express) - Palm oil futures rose to the highest in more than eight years on concern global supplies of cooking oil will lag behind demand led by China and India.
Higher RM7.6 billion trade surplus in February 2007
10/4/05 (Bernama) - Kuala Lumpur: Malaysia recorded a higher trade surplus of RM7.6 billion in February 2007 compared with RM7.4 billion in February last year.
Brazil buying more M'sian palm oil
10/4/07 (Business Times) - BRAZIL, a major global producer of soyaoil, is buying more palm oil from Malaysia in an effort to meet its government's mandate on the use of 2 per cent biodiesel (B2) content in diesel next year.
India may stop palm oil import from Indonesia: ISEA
4/4/07 ( The Financial Express) JAKARTA, -India will cut back on its crude palm oil (CPO) imports from Indonesia, and may even switch to other vegetable oils if the island country exports its refined palm oil instead of its CPO.
Palm oil is not a failure as a biofuel
4/4/07 ( Mongabay.com) - The Associated Press (AP) recently quoted Marcel Silvius, a renowned climate expert at Wetlands International in the Netherlands, as saying palm oil is a failure as a biofuel.
'Land grab' sees 200 oil palm acres burnt
9/4/07 (Daily Express, Sabah) - Keningau: More than 200 acres of oil palm were destroyed in a fire believed started by an unknown person, here, last month.
