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Malaysia’s palm oil stocks rise in July despite 14.5pc jump in exports
Malaysian end of July palm oil stocks hit near two-year high
Gapki warns of sharp production losses
El Nino, biodiesel demand support CPO prices despite rising stocks
Big Money In Oil Palm Wastes
19/05/2011 (Bernama) - The rising demand for oil palm fibres from China should spur Sabah palm oil millers to look at turning their mill wastes to wealth, said state Minister of Industrial Development Datuk Raymond Tan.
Crude Palm Oil Futures Up on Spot Demand
18/05/2011 (Business Standard) - Crude palm oil prices moved up by Rs 3.40 to Rs 526.70 per 10 kg in futures trade today as speculators enlarged their positions on the back of rising spot market demand.
Four Palm Planters Post Better Quarterly Profits
18/05/2011 (The Star) - Four plantation companies saw their net profits increased by leaps and bounds for the first three months of this year due to higher crude palm oil (CPO) prices despite lower fresh fruit bunches (FFB) production.
Cooking Oil Firms Feel Heat Over Piracy
18/06/2011 (Business Daily Africa) - A shortage of cooking oil appears to be looming as manufacturers send mixed signals about the fate of a hijacked ship that was carrying the entire industry’s shipment of palm oil-— the key raw material used for making the product.
Palm Oil Shortages Drive Price up: Traders
18/05/2011 (Myanmar Times) - Newly introduced measures to bring palm oil prices down appear to be failing, with palm oil traders at the Bayintnaung Wholesale Commodity Exchange Centre in Yangon reporting stock shortages and rising prices last week.
CPO to Buy or Sell? Shifting Risk in CPO Business Through Hedging
18/05/2011 (The Borneo Post) - The plantation industry and its related players could shift the risks in crude palm oil (CPO) business through hedging by making full use of the price fluctuation opportunities in the market despite it going up or down on the trading board.
Malaysia a Hotspot For Clean Tech Start-ups: AIC
18/05/2011 (Startupsmart) - A growing opportunity for Australian green energy start-ups exists in Malaysia due to the size of the country’s palm oil industry, according to the Australian Institute of Commercialisation.
BOPP Declares GH¢1.87 Million Dividend to Shareholders
18/05/2011 (Ghana News Agency) - The Benso Oil Palm Plantation (BOPP) Limited has declared a total dividend of GH¢1.87 million following a profit after tax of GH¢2.67 million posted in 2010.
Govt Temporarily Stops Allowing Foreign Investment in Oil Palm Sector
18/05/2011 (Antara News) - The government has temporarily stopped allowing foreign investors to develop new oil palm plantations so as to give opportunities to local businessmen, Forestry Minister Zulkifli Hasan said.