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CPO Futures Snap Two-Day Gains To Close Lower
Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
Palm Oil Output Surge In Oct, CPO Price Could Hit RM4500 In Dec: MPOC
Palm oil consumption forecast to increase
Jakarta plans palm oil exchange
06/08/2009 (Financial Times) - Indonesia is launching a commodities exchange to trade crude palm oil and other raw materials, in a fresh sign of Asian emerging countries following the path of independent projects in Singapore and Hong Kong.
New Britain says palm oil price rise to help growth
06/08/2009 (Reuters) - Australasian palm oil producer New Britain Palm Oil Ltd (NBPO.L) expects higher raw material prices and new refining capacity to help to drive growth, it said on Thursday after reporting a sharp drop in first-half profit.
Cooking Oil Imports by India Slump as Stockpiles Gain
05/08/2009 (Bloomberg) - Edible oil imports by India, the world’s biggest buyer after China, probably declined in July after record purchases this year boosted domestic stockpiles.
Palm Oil Declines on Crude, Ending Longest Gain in Six Months
06/08/2009 (Bloomberg) - Palm oil futures dropped, ending the longest rally in six months, tracking crude oil and soybean oil lower. Palm oil is a substitute in fuel and food applications.
Malaysia\'s top palm oil state sees lower July output
05/08/2009 (Reuters), Kuala Lumpur - Malaysia's top palm oil state of Sabah will see output in July falling up to 15 percent because of biological tree stress, potentially cutting into stocks and forcing big buyer China to source more palm oil from Indonesia.
M\'sia, Turkey Eye Further Cooperation - Dompok
05/08/2009 (Bernama), Ankara - Turkey is open to further cooperation with Malaysian partners in areas that can benefit both countries which may, at the same time, address trade imbalance between them, said Plantation Industries and Commodities Minister Tan Sri Bernard Dompok.
Palm oil futures may drop to RM2000
04/08/2009 (Business Times) - PALM oil futures may drop to RM2,000 (US$573) a metric ton if inventories pick up in September as production peaks, according to Dorab Mistry, director of Godrej International Ltd.
Palm oil boycott will hurt impoverished farmers
05/08/2009 (ABC News) - It's rich for activists in developed countries to oppose using developing world palm oil in food manufacturing, writes the Institute of Public Affairs' Tim Wilson.
