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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 Highly Sought Globally Due To Chronic Shortage
12/03/2010 (Bernama), Kuala Lumpur - Expanding economies and rising population leading to a chronic shortage of oil and fats will continue to make Malaysia palm oil a highly sought after edible oil in the global arena.
Europe Still Largely Depends On Palm Oil, Says MPOC
12/03/2010 (Bernama), Kuala Lumpur - Europe still largely depends on palm oil to meet its oil and fats requirements despite European non-governmental organisations (NGOs) continuing to berate Malaysia over allegations that the commodity damages the environment, says Malaysian Palm Oil Council CEO Tan Sri Dr Yusof Basiron.
FACTBOX-Neste Oil\'s growing palm oil use for biofuels
12/03/2010 (Reuters) - Market jumps after Fed pledges low rates Motiva reports small leak in Norco hydrocracker US STOCKS SNAPSHOT-Wall St adds gains after Fed decision More Business & Investing News... KUALA LUMPUR, March 12 (Reuters) - Neste Oil (NES1V.HE) could buy 2.4 million to 2.5 million tonnes of vegetable oils for four biofuel plants, putting the Finnish refiner on par with consumer goods giant Unilever (UNc.AS) (ULVR.L) as a top vegetable oil buyer.
Palm Oil Potentially Strong To Emerge As Major Biofuel If Crude Prices Surge
11/03/2010 (Bernama), Kuala Lumpur - Crude palm oil, along with other edible vegetable oils, has a strong potential to emerge as a major biofuel if petroleum prices increase exhorbitantly, Chief Executive of the Malaysian Palm Oil Council (MPOC) Tan Sri Datuk Dr Yusof Basiron said on Thursday.
CPO Price May Breach RM3,000 In 2nd Half
11/03/2010 (Bernama), Kuala Lumpur - Crude palm oil (CPO) price will likely breach the RM3,000 per tonne level towards the second half of this year due to production shortfalls, says chief executive officer of Malaysian Palm Oil Council (MPOC) Tan Sri Dr Yusof Basiron.
World’s largest exporter to export up to 50% of CPO output by 2015
11/03/2010 (The Star Online), Kuala Lumpur - Indonesia, the world’s largest palm oil producer, will only export a maximum 50% of its total crude palm oil (CPO) production by 2015 as the country’s oil palm plantation areas are diminished.
El Nino may lift CPO futures prices
10/03/2010 (The Star Online), Kuala Lumpur - Crude palm oil (CPO) futures on Bursa Derivatives Exchange will likely be traded at RM2,800 to RM3,200 per tonne after July as the El Nino hot weather may result in a production shortfall in the second half of this year, said international palm oil expert Dorab Mistry.
