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Palm oil consumption forecast to increase
CPO Reference Price Falls 3.9 Percent in December 2025
Palm oil inventories to stay elevated next year
Palm Oil Extends Slide as Stronger Ringgit, Rising Stocks Pressure Prices
Issues In Palm Oil Industry May Hamper Growth
13/07/2011 (Bernama) - The palm oil industry is playing an increasingly important role in Malaysia's economy, but lingering concerns over sustainable production and labour shortages could hamper growth, the Oxford Business Group (OBG) says.
Taiwanese F&B Producers Seek To Regain Malaysian Consumer Confidence At MIFB 2011
13/07/2011 (Bernama) - Taiwanese food and beverage producers are seeking to regain consumer confidence in Malaysia through the 2011 Malaysia International Food and Beverage Trade Fair (MIFB 2011).
Dompok Sees Palm Oil Exports Of RM70 Billion This Year
13/07/2011 (Bernama) - Malaysia's palm oil exports will reach RM70 billion this year if the high crude palm oil (CPO) prices continue in the second half of the year, said Plantation Industries and Commodities Minister Tan Sri Bernard Dompok.
Indonesia Expects To Double Trade With India Over Next 5 Years
13/07/2011 (Economic Times) - Speaking at an inter-active session at the Indian Chamber of Commerce (ICC) on Tuesday, the Indonesian ambassador to India, Lt General (retd) Andi Ghalib, said that the Prime Minister of India Manmohan Singh and the President of Indonesia, Sushilo Bambang Yudhoyono, had signed an agreement in New Delhi early last year worth billions of US dollars with the objective of strengthening bilateral business ties between the two countries. The Indonesian President was the Special Guest at the Indian Republic Day ceremony in New Delhi last year.
Taiwan-Malaysia Bilateral Trade To Increase To US$14.5 Billion This Year
13/07/2011 (Bernama) - Bilateral trade between Taiwan and Malaysia is expected to increase to US$14.5 billion (US$1=RM2.99) this year from US$13.67 billion in 2010, said Taipei Economic and Culture Office in Malaysia.
Netherlands and Indonesia Sign up to Sustainable Trade
13/07/2011 (NIS News Bulletin) - The Netherlands and Indonesia are going to work together for the next five years to enhance sustainable production and trade of goods like cocoa, coffee, tea, spices, palm oil, timber and fish.
Cargill adopts \'greener\' palm oil policy
13/07/2011 (Mongabay.com) - Agribusiness giant Cargill will ensure all palm oil supplied to customers in Europe, United States, Canada, Australia and New Zealand is certified under the Roundtable on Sustainable Palm Oil (RSPO), an environmental standard, or originated from smallholder growers by 2015, according to a statement issued by the company. Cargill says it will extend the commitment to 100 percent of its products and customers globally – including China and India, the largest consumers of palm oil – by 2020.
CPO Price On Downtrend
13/07/2011 (The Star) - The downward pressure on crude palm oil (CPO) prices continued yesterday amid rising production and an 18-month-high inventory. This has also triggered market talk that the commodity may slip to below RM3,000 per tonne this week.
Palm Oil Prices May Fall Below RM3,000
13/07/2011 (Business Times) - Malaysian palm oil prices may fall below RM3,000 per metric ton this month as consumers may defer purchases in anticipation of lower selling prices, according to CIMB Investment Bank Bhd in a report today.
