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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
Palm oil maintains its price advantage over soybean oil, but only through the end of summer
Palm up, best annual rise in 12 years
04/01/2010 (Business Times, Malaysia) - PALM oil gained to the highest in more than seven months, adding to the best annual performance in 12 years, on anticipation higher crude oil prices would lift demand for biofuels.
Local Biofuel Output Dives In 2009 as CPO Price Rises
03/01/2010 (The Jakarta Globe) - Indonesia fell woefully short of its biofuels target in 2009 as producers halted operations because of the surging price of crude palm oil, the main raw material.
Ta Ann eyes more land to expand oil palm plantations
31/12/2009 (The Star Online), Petaling Jaya - Timber and plantation group Ta Ann Holdings Bhd will further expand its oil palm plantations, especially in Sarawak, via landbank acquisitions, said group managing director Datuk Wong Kuo Hea.
Asian Plantations Expands to Meet Demands
29/12/2009 (Trans World News) - Palm oil leaders, Asian Plantations Limited, have begun following through on a deal with Jubilant Paradise Sdn Bhd to acquire its major shares and its wholly owned subsidiary, Incosetia Sdn Bhd (the “Jubilant Groupâ€), which owns a partly developed palm oil plantation totaling 5,850 hectares in Sarawak, Malaysia. When harvest begins on the property Asian Plantations will have officially reached their 2009 goal of doubling their nearly 5,000 hectare estate.
CPO down on reports of lower exports
30/12/2009 (The Star Online), Petaling Jaya - Crude palm oil (CPO) futures on Bursa Derivatives Exchange failed to sustain above RM2,600 per tonne yesterday as investors turned cautious over reports of lower palm oil exports in the first 25 days of December.
Palm oil rises on lower output expectations
29/12/2009 (Business Times, Malaysia) - PALM oil climbed for a third day on anticipation Malaysia’s palm oil output in December may be lower than the preceding month, preventing stockpiles from rising amid a slowdown in exports.
Oil palm players want biomass supply to harness renewable energy
29/12/2009 (The Star Online), Kota Kinabalu - Policies and incentives are needed for the harnessing of renewable energy from Malaysia’s massive oil palm industry.
India may buy more palm oil
28/12/2009 (The Star Online), Petaling Jaya - India, the world’s second-largest importer of edible oils, is expected to increase its palm oil imports in 2010 due to its growing middle-income population and mounting food inflation concerns.
Malaysia Palm Oil Board: India to overtake China as top palm oil importer
28/12/2009 (Commodity Online), Kuala Lumpur - India would likely take over China’s position as the world’s largest palm oil importer by late-2010, according to Malaysian Palm Oil Board.
