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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
Shortages, increasing demand set to boost CPO prices in 2010
09/12/2009 (The Jakarta Post) - The recent Indonesian Palm Oil Conference and Price Outlook (IPOC) forecasted a potential shortage of CPO in 2010, on the back of rising demand and limited growth of supply, caused mainly by the commencement of a low cycle, the El Ni*o effect and the replanting program in Malaysia.
FINLAND: Biodiesel Breakthrough or Environmental Nightmare?
09/12/2009 (IPS News), HELSINKI - As Finnish energy major Neste Oil scales up production of its ‘green’ diesel NExBTL, environmental activists fear that more land will go under palm oil plantations at the expense of Southeast Asia’s threatened rainforests.
Malaysia-Indonesia should speak in one voice in defending anti-palm oil campaign
09/12/2009 (Antara News), Kuala Lumpur - Malaysia should not be alone in battling the anti-palm oil smear campaign, mounted by European activists and non-government organisations (NGOs), former Malaysian prime minister Dr Mahathir Mohamad said Tuesday.
Cooking oil tin, 16kg ghee price up by Rs60
08/12/2009 (Dawn.com) - KARACHI: The rising palm oil prices in the world markets have further pushed up the rate of 16kg ghee and cooking oil tins to Rs1,780 from Rs1,720 on Dec 1, compared to Rs1,680 on Nov 1, in Karachi.
Plantation Stocks Drag Share Prices Lower
08/12/2009 (Bernama), Kuala Lumpur - Shares on Bursa Malaysia closed lower on Tuesday led by plantation stocks which dipped on weak crude palm oil prices, a dealer said.
Vegetable Oil Imports by India to Reach Record on Tax
08/12/2009 (Bloomberg) - Vegetable oil purchases by India, the world’s biggest consumer after China, will reach a record this year as an import tax waiver pares costs and stokes demand in Asia’s third-largest economy.
Indonesia\'s Palm oil economy drives human fortunes--And orangutan misfortunes
07/12/2009 (Scientific American) - The net worth of Indonesia's 40 richest men has doubled to $42 billion in the past year, driven in no small part by the growing demand for palm oil, according to Forbes magazine's annual examination of the country's top richest people.
‘Time is Running Out’ for Sumatra’s Rainforest as Demand for Palm Oil Soars
06/12/2009 (Jakarta Globe) - Driving through Indonesia's central Sumatra, it appears that all life on earth has been obliterated, like a scene from some apocalyptic movie.
Indonesia eyes more palm oil sales to China, Pakistan
04/12/2009 (Pakwatan), Nusa Dua - Indonesia, the world's top palm oil producer, is looking to increase exports to China and Pakistan, an industry official said, amid tougher competition next year as global vegetable oil supplies are expected to rise. More than half of Indonesia's palm oil exports are in the form of crude palm oil, while rival Malaysia sells higher value refined products, making the world's number two producer more efficient in the Chinese market.
