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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
Now For The Edible Oil Shock
19/04/2011 (New Zealand Herald) - At a time when consumers are focused on near-record food costs, global stockpiles of edible oils needed to make everything from noodles to fish sticks are dropping to a three-decade low.
Researching Palm Oil Crystallization in Margarine
18/04/2011 (Food Product Design) - Fat crystallization is an important property in many food products, such as margarine-style spreads. To further delve into the science behind fat crystallization, Malaysian scientists examined the mechanism related to crystallization and emulsification of palm oil–based margarine fats. The researchers also looked at the main triacylglycerol (TAG) responsible for primary crystal formation and the best level of palm oil stearin that gives the required microstructure properties and body to finished products such as margarine, shortening and butter.
Palm Oil Output Seen Up 5-8 Pct In 2011-Sampoerna Agro-UPDATE 1-INTERVIEW
18/04/2011 (Forexyard) - Palm oil producer Sampoerna Agro sees output climbing as much as 8 percent this year from 289,000 tonnes in 2010, while planting will jump by at least 10 percent, an official from the Indonesian firm said on Friday.
Swiss NGO Urges Neste Oil To Abandon Palm Oil
18/04/2011 (Helsingin Sanomat) - Speaking at a Greenpeace press briefing in Helsinki on Thursday, director Lukas Straumann from Swiss NGO Bruno Manser Fonds, specialists in defending rainforests and indigenous people in the Malaysian state of Sarawak, urged the Finnish oil refiner Neste Oil to stop using palm oil in biofuel production.
Trade balance ‘Negative’ For Last 5 Years: NA Told
18/04/2011 (Daily Times) - Pakistan’s trade balance—with its 53 trading partners—has been in deficit for the last five years, National Assembly was informed on Friday.
Samsung May Invest $1b In Indonesia, Govt Claims
18/04/2011 (Jakarta Post) - The government is seeking a US$1 billion investment from South Korea’s Samsung Group, the world’s largest private conglomerate by revenue, in the fields of solar cell technology, coal, crude palm oil and infrastructure.
FACTBOX-Malaysia\'s Resource-Rich Sarawak State
18/04/2011 (Reuters) - Malaysia's Sarawak state, which goes to the polls on Sunday, is rich in resources such as natural gas, timber and crude palm oil.
Ethiopian Government Retailing Oil, Sugar to Fight Scarcity
18/04/2011 (Ezega) - The Ethiopian Government has opened outlets selling basic food items such as sugar and edible oil to consumers directly. The decision was taken in view of scarcity of food stuff in the market caused by shop keepers opposing the price control imposed by the government.
Indonesia Drags Heels On Deforestation Ban
18/04/2011 (Carbon Positive) - More than three months after a landmark moratorium on deforestation in Indonesia was due to take effect, the initiative is not in place as Jakarta battles to resolve the details of the forest clearing ban. Last year, Norway offered Indonesia $1 billion under a deal that would see Jakarta place a two-year moratorium on forest clearing. The deal is at the frontline of global efforts to establish a REDD+ mechanism to halt deforestation in developing countries and is being watched closely around the world.