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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
Palm oil inventories to stay elevated next year
CPO Reference Price Falls 3.9 Percent in December 2025
Palm oil prices face pressure in 2011 from output
28/11/2010 (Business Recorder) - Malaysian palm oil should fall to 2,600 ringgit ($830) by June 2011 on higher output in Southeast Asia and a decent soy crop but the pace of decline will be slower than the market expects, thanks to unusually low stocks, a key analyst said on Friday.
Malaysia’s Sime Back in Profit After Cost Overruns
26/11/2010 (Bloomberg) - Sime Darby Bhd., the world’s biggest publicly traded palm oil producer, reported a profit for the three months to September after two quarterly losses caused by write-downs from project overruns.
Palm prices face pressure in 2011: Fry
26/11/2010 (Business Times) - Malaysian palm oil should fall to RM2,600 by June 2011 on higher output in Southeast Asia and a decent soy crop but the pace of decline will be slower than the market expects, thanks to unusually low stocks, a key analyst said today.
Commodity hedging boosts China\'s oils & fats sector
25/11/2010 (China Economic Net) - With the development of economic society, China's oils & oilseeds industry is undergoing profound changes: in market scale, China's oils & oilseeds market continues to expand steadily, in the year of 2010/2011, the total edible oil consumption in China reached 24.75 million tons, and the supply and consumption of soybeans in 2010 reached 66.8 million tons and 64.19 million tons respectively; in consumption structure, the bean oil consumption accounts for 40 percent, palm oil 24 percent and rapeseed oil 16 percent; in import and export trade patterns, in recent years China has become a major importer of oils & oilseeds. In 2009, edible vegetable oil directly imported reached 9.5 million tons, accounting for 41 percent of total consumption; moreover, the National Grain and Oils Information Center gave a forecast that in the year of 2010/2011, the soybean import is expected to reach 52 million tons, which will hit a new record high. In the Fifth China International Oils and Oilseeds Conference held the other day, Liu Xingqiang, General Manager of Dalian Commodity Exchange, particularized a set of data, which were attached importance to by relevant people in the industry.
New Britain prepares to sell into palm oil rally
25/11/2010 (Agrimoney) - New Britain Palm Oil revealed plans to cash in further on the palm oil rally as the sustainable plantations group unveiled a 42% jump in profits for the first nine months of the year.
Indonesia’s Tiga Pilar Plans $175 Million Palm Oil Expansion
25/11/2010 (Bloomberg) - PT Tiga Pilar Sejahtera Food, an Indonesian producer of dried noodles, may spend $175 million to plant oil palm trees and buy a plantation company in Sumatra to tap growing demand for the commodity.
Indonesia\'s forest protection plan at risk, says report
25/11/2010 (Mongabay.com) - ndustrial interests are threatening to undermine Norway's billion dollar partnership with Indonesia, potentially turning the forest conservation deal into a scheme that subsidizes conversion of rainforests and peatlands for oil palm and pulp and paper plantations, logging concessions, and energy production, claims a new report from Greenpeace.
Time to Clean Up Our Homes and Cosmetics: GreenPalm Urges Businesses and Consumers to Join the Drive for Sustainable Palm Kernel Oil
24/11/2010 (Benzinga.com) - GreenPalm is urgently calling on the household and personal care industry to support the sustainable production of palm kernel oil, a common ingredient in cosmetics and home care products.
Singapore Exchange Welcomes Palm Oil Giant Mewah International Inc
24/11/2010 (Mondovisione) - Singapore Exchange today welcomed the listing of Mewah International Inc (“Mewahâ€), one of the largest palm oil processors in the world by capacity and the second largest in Malaysia, on the Mainboard under the ticker symbol of “Mewahâ€.
