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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
Thomas quotes Bengal\'s palm oil import rate to prove innocence
25/01/2011 (The Economic Times), New Delhi - Central Vigilance Commissioner PJ Thomas has told the Supreme Court that he was a victim of the political rivalry between Congress-led United Democratic Front (UDF) and Left Democratic Front (LDF) in Kerala, tainting his image in the palmolein oil scam case.
Sime to plant oil palm in Liberia
25/01/2011 (The Star Online), Carey Island - Sime Darby Plantation Sdn Bhd, one of the largest palm oil producers in the world, expects to start its maiden oil palm planting in Liberia by April that marks its first African plantation deal.
Sime sees average palm oil price at RM3,000/tonne
24/01/2011 (The Malaysian Insider), Carey Island - Sime Darby , the world’s largest listed planter in terms of landbank, expects the price of crude palm oil to average RM3,000 this year as demand chases tight vegetable oil supplies, a key official said today.
Price of palm oil drops
24/01/2011 (World Bakers) - Palm oil prices have dropped, putting them at the lowest level since the beginning of the year, according to Bloomberg.
With Prices on the Rise, India Imports of Palm and Soy Bean Oil Set to Slump
24/01/2011 (The Jakarta Globe) - Cooking oil imports by India, the biggest user after China, may drop this month and in February after a jump in futures to a more than two-year peak made overseas supplies more expensive.
Oil palm planters laud move
23/01/2011 (The Star Online), Kota Kinabalu - A move by Sabah to allow the entry of foreign workers, apart from Filipinos and Indonesians, has brought a sigh of relief to the state’s oil palm industry.
Malaysian palm oil rises
22/01/2011 (Business Recorder), Jakarta - Malaysian palm oil futures rose to a near two-week high on Friday, as traders cited strong export data amid concern that supplies will struggle to keep pace with robust demand. The market was on course to post its first weekly gain for the year as traders shifted their focus to bullish fundamentals after booking profits from January 5 onwards due to the stronger US dollar, some concerns of demand slowing and a technical correction.
Recipe for frustration
22/01/2011 (Bangkok Post) - Soaring palm oil prices have led some consumers to seek out substitutes such as soybean, rice bran or sunflower oil, but food vendor Cherdpong Promsamut can't make the switch. Palm oil is indispensable to his deep-fried chicken business, he says.
Talk of Palm Oil Tax Has Market Buzzing
21/01/2011 (Jakarta Globe) - Indonesia may raise its palm oil export tax to 25 percent from 20 percent starting in February after a rally in international prices, industry sources familiar with the matter said on Friday.
