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MPOB Monthly Report Imminent: Malaysia's Palm Oil Stockpiles May Surge Past 2.6 Million Tonnes as Strong El Niño Fuels Distant-Month Supply Cut Expectations
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
CPO futures end mostly higher on soybean oil gains
Call to speed up approval of foreign workers for harvest season
09/03/2011 (Business Times) - The Federal and Sabah state governments have been urged to quickly approve new applications of foreign workers to harvest fresh fruit bunches in the months ahead. This is to enable the industry to achieve the 17.6 million tonnes crude palm oil output target this year.
Soya Oil Weakens on Profit Booking
09/03/2011 (Commodity Online) - The refined soya oil futures trading on a weaker note on Monday on follow through selling and taking cues from weak overseas market.
With Crude Oil Price Surge is Palm Biodiesel Production Viable Again?
08/03/2011 (The Star Online) - With crude oil surging passed US$100 a barrel, many are hoping to see the country's stagnant palm-based biodiesel production turning viable again.
The Dangers of Palm Oil
08/03/2011 (Moneyweb) - Woolworths has become the first South African company to become a member of the Roundtable on Sustainable Palm Oil. It has publicly committed to using palm oil derived from sustainable sources in the production of its toiletries and foods – but only by 2015.
Palm Oil May Average RM3,400 in 2011
08/03/2011 (Business Times) - Palm oil prices may average more than RM3,400 (US$1,121) a metric ton in 2011, according to Malaysian Plantation and Commodities Minister Bernard Dompok.
Crude Palm Oil Futures Rise on Global Cues
08/03/2011 (Indian Express) - Crude palm oil traded higher by 0.18 per cent to Rs. 556 per 10 kgs in futures trade on Monday as speculators enlarged their positions influenced by a firm global trend.
Bulk of Malaysian Furniture Destined for Exports
08/03/2011 (FORDAQ) - In terms of consumer spending on furniture, Europeans and Americans spent an average of US$540 and US$300 per year respectively. However, Malaysians spent only an average of US$40 per year. Although Malaysian furniture is of international standards, most Malaysians prefer imported furniture over domestic products.
Indicators Positive for Malaysia’s Economy
08/03/2011 (The Star Online) - Strong growth in the stock market and the rally in commodity prices should augur well for the country's economy this year, said Asian Strategy and Leadership Institute (Asli) chief executive officer and director Datuk Michael Yeoh.
CPO Gets Boost from Rising Crude Oil Prices
07/03/2011 (The Star Online) - Plantation stocks are back on the radar of most brokerages as rising crude oil prices have given a boost to crude palm oil (CPO), an alternative feedstock for biofuel production.
