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Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
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 to Lose Out to Soyaoil in Chinese Imports
09/03/2011 (Agrimoney.com) - Palm oil is to lose out to soyaoil in China's import rosters – and the disadvantage would be even bigger were it not for the soaring popularity of instant noodles.
Call to speed up approval of foreign workers for harvest season
09/03/2011 (Business Times) - The Federal and Sabah state governments have been urged to quickly approve new applications of foreign workers to harvest fresh fruit bunches in the months ahead. This is to enable the industry to achieve the 17.6 million tonnes crude palm oil output target this year.
Soya Oil Weakens on Profit Booking
09/03/2011 (Commodity Online) - The refined soya oil futures trading on a weaker note on Monday on follow through selling and taking cues from weak overseas market.
With Crude Oil Price Surge is Palm Biodiesel Production Viable Again?
08/03/2011 (The Star Online) - With crude oil surging passed US$100 a barrel, many are hoping to see the country's stagnant palm-based biodiesel production turning viable again.
The Dangers of Palm Oil
08/03/2011 (Moneyweb) - Woolworths has become the first South African company to become a member of the Roundtable on Sustainable Palm Oil. It has publicly committed to using palm oil derived from sustainable sources in the production of its toiletries and foods – but only by 2015.
Palm Oil May Average RM3,400 in 2011
08/03/2011 (Business Times) - Palm oil prices may average more than RM3,400 (US$1,121) a metric ton in 2011, according to Malaysian Plantation and Commodities Minister Bernard Dompok.
Crude Palm Oil Futures Rise on Global Cues
08/03/2011 (Indian Express) - Crude palm oil traded higher by 0.18 per cent to Rs. 556 per 10 kgs in futures trade on Monday as speculators enlarged their positions influenced by a firm global trend.
Bulk of Malaysian Furniture Destined for Exports
08/03/2011 (FORDAQ) - In terms of consumer spending on furniture, Europeans and Americans spent an average of US$540 and US$300 per year respectively. However, Malaysians spent only an average of US$40 per year. Although Malaysian furniture is of international standards, most Malaysians prefer imported furniture over domestic products.
Indicators Positive for Malaysia’s Economy
08/03/2011 (The Star Online) - Strong growth in the stock market and the rally in commodity prices should augur well for the country's economy this year, said Asian Strategy and Leadership Institute (Asli) chief executive officer and director Datuk Michael Yeoh.
