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Mixed forecasts for palm oil at POC2026
CPO FUTURES CLOSE LOWER ONSTRONGER RINGGIT, CONCERNS OVERWEAK DEMAND
Palm oil ends lower after MPOB’s data release
CPO prices to consolidate at RM4,000 to RM4,300
Malaysia to cut diesel imports with biofuel plan
09/08/05 (The Edge Daily) - Malaysia, the world's largest producer ofpalm oil, plans to cut diesel imports by 500,000 tonnes a year with a planto produce bio-diesel using a mix of palm oil and diesel, an industryofficial said on Aug 9.
MPOPC Acts On Twisted Facts Spread By Anti-Palm Oi
08/08/05 KUALA LUMPUR, (Bernama) -- Palm oil, a dark yellowish to reddishoil from the fruit of the Elaeis guineensis palm, has benefited countrieslike Malaysia because of its multi-fold economic spin-offs.
Oilpalmworld Trading Platform Aims To Attract More
09/08/05 KUALA LUMPUR, (Bernama) -- MSC-status company, Oilpalmworld SdnBhd, hopes to have 1,000 or more companies registering for itselectronic-Marketplace (e-Marketplace) trading solution by year end, whichis the first comprehensive virtual marketplace for the palm oil and palmoil-related industries.
Palm oil to raise global market share
10/08/05 HAMBURG (Reuters): Palm oil is likely to increase its share ofthe global edible oil market in 2005/06 while the overall market is likelyto remain in surplus, Hamburg-based newsletter Oil World forecasts.
Palm oil trading on the net soon
09/08/05 (The Edge Daily) - All palm oil trade will soon be conducted inreal time online, a move which will save the oil palm plantation industryup to RM1.57 billion annually, said Oilpalmworld Sdn Bhd managing directorJohn Kuruvilla.
Plantation Commodities Will Continue To Spearhead
09/08/05 KUALA LUMPUR,(Bernama) -- Deputy Prime Minister, Datuk Seri NajibTun Razak is confident that the plantation commodities will continue tospearhead the development of the agriculture sector in Malaysia in futureand to provide an important source of revenue to the country.
Soya rust spreads
10/08/05 WASHINGTON (Reuters): The highly contagious soyabean rustdisease spread to another county in Alabama and may have crept intoMissouri, state and federal officials said on Tuesday.
UN seeks aid for war-ruined Iraq seed sector
09/08/05 ROME (Reuters): The war in Iraq destroyed the country's seedindustry, putting the country's domestic food supply at risk, the UnitedNations food agency said on Monday as it appealed for aid to rebuildfarming. The Food and Agriculture Organisation said it needed $5.4 millionto help the agriculture ministry rebuild a seed industry destroyed by thefighting and looting.
Versatility of palm oil bodes well for prices
10/08/05 (Herald Tribune) - Palm oil futures are forecast to rise asmuch as 19 percent in the next 12 months, as India and China buy morecooking oil and record petroleum prices bolster demand in Europe forsubstitute fuels, according to analysts.
