Latest News

MARKET DEVELOPMENT
27-02-2006

Palm Oil Price Underquoted, Mostly Determined By Big Importers

23/2/06 KUALA LUMPUR (Bernama) -- The price of palm oil should reflect its true value given its diversification, nutritional and functionality content, rather than be under-quoted as mostly determined by big importers.

MARKET DEVELOPMENT
27-02-2006

Price of Indonesian Crude Palm Oil Seen Rising This Year

23/2/06 JAKARTA (Asia Pulse) - The price of crude palm oil (CPO) is predicted to rise this year with expected increase in demands from China and India and growing requirement to be processed in alternative fuel.

MARKET DEVELOPMENT
27-02-2006

Malaysian palm oil exports seen flat in 2006

23/2/06 (Reuters) - Malaysia's palm oil exports in 2006 are likely to remain unchanged from last year, Deputy Plantation Industries and Commodities Minister Datuk Anifah Aman said on Feb 23

MARKET DEVELOPMENT
27-02-2006

Indonesia tipped t take over from Malaysia as top palm oil producer

26/02/2006 (ABC Asia Pacific) - A leading figure in Malaysia's palm oil industry says the country is likely to lose its long-held status as the world's top palm oil producer to Indonesia within the next two years.

MARKET DEVELOPMENT
27-02-2006

Using Rapeseed Oil As Source of Biodiesel Not Sustainable

23/2/06 (Business Times) - THE use of rapeseed oil as a source of biofuel, as practised in Europe, is not a sustainable solution, Roundtable on Sustainable Palm Oil (RSPO) honorary member M.R. Chandran says.

MARKET DEVELOPMENT
27-02-2006

Palm and rapeseed contend in biofuel race

24/2/06 Kuala Lumpur - The costlier rapeseed and the cheaper palm are fighting for the biggest stakes biofuel can offer edible oils, but prices and supply must be right for both to remain an energy source since conversion costs are high.

MARKET DEVELOPMENT
27-02-2006

Malaysia may lose top CPO spot to Indonesia

25/2/06 KUALA LUMPUR ( The Star) - Indonesia is likely to overtake Malaysia's role as the world's largest crude palm oil (CPO) producer this year with an estimated production of 15.2 million to 15.4 million tonnes.

MARKET DEVELOPMENT
27-02-2006

CPO Prices Seen Up In 06 As Biodiesel Fuels Demand

25/2/06 KUALA LUMPUR (Dow Jones)--Rising palm oil consumption in 2006, with demand possibly outstripping supply, was the overall consensus at the yearly price outlook conference that ended Friday, participants said.

MARKET DEVELOPMENT
22-02-2006

MPOA, WWF-Malaysia to work on sustainable palm oil industry

21/2/06 (The Edge Daily) - The Malaysian Palm Oil Association (MPOA) on Feb 21, signed two memoranda of understanding with WWF-Malaysia towards the sustainable development of the country's palm oil industry.

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