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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
Go with industrial commodities; bullion may witness profit taking on Egypt resolution
14/02/2011 (Daily News & Analysis India) - The markets witnessed a lower turnover week as traders displayed caution due to the unfolding drama in Egypt.
Cooking oil subsidy to stay despite ‘leakages’
14/02/2011 (BorneoPost online) - Plantation Industries and Commodities Minister Tan Sri Bernard Dompok yesterday confirmed that the government has no plans to reduce the cooking oil subsidy although it is costly.
Ghee, cooking oil prices increased by Rs 10 per kg
14/02/2011 (Pakistan Observer) - Manufactures have increased prices of cooking oil/ghee by Rs 10 per kg during the outgoing week, revealed a survey. Traders told that manufacturers of ghee and cooking oil had warned of further surge in prices of the commodities by Rs 5 to Rs 10 per kg in next few days.
India: FTA will boost Malaysia palm oil sector
11/02/2011 (The Star Online) - Next week's free trade agreement (FTA) signing between Malaysia and India will be a further boost for the country's palm oil sector and Sabah, in particular, stands to benefit.
Golden Agri vows to stop destroying forests for palm oil
11/02/2011 (The Jakarta Post) - The world’s second largest palm oil producer Golden Agri-Resources Ltd. (GAR) and its subsidiaries have pledged to produce sustainable palm oil while protecting carbon-rich forests and peat lands in Indonesia.
ADM will produce sustainable palm oil in Brazil from 2016
11/02/2011 (Food Nagivator-USA) - Archer Daniel Midland (ADM) has unveiled plans to invest in sustainable palm oil production, with an initiative that brings a new crop to its Brazilian supply chain.
Price boom puts palm oil on emerging markets’ radar
11/02/2011 (Malaya Business Insight) - Palm oil output and stocks, already lagging robust demand due to rains in top Southeast Asia producers, could be made worse should the cooking ingredient become the next target for emerging markets seeking to buy big and dampen adverse effects of booming world food prices.
India to buy more Sabah palm oil products
11/02/2011 (Borneo Post Online) - Sabah’s palm oil industry may hit firmer grounds, especially with demands for the product expected to increase in India.
Kulim sets aside RM20m for replanting
11/02/2011 (The Star Online) - Kulim (M) Bhd is allocating RM20mil capital expenditure (capex) for replanting programmes in its local oil palm plantations this year.
