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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
45,500 has eyed for palm oil industry
02/10/2009 (Manila Bulletin), Butuan City - Palm oil industry stakeholders are eyeing some 45,500 hectares of land in the Caraga Region to increase their production in the next five years, it was learned Friday.
Gov’t to recruit oil palm officers
02/10/2009 (Solomon Star) - THE Government says it will recruit four project managers as part of its commitment to boost oil palm plantations in the country.
Anti-palm oil lobby baseless
01/10/2009 (The Star Online), Petaling Jaya - Palm oil, which accounts for 60% of the global vegetable oil trade, has come under fire from Greenpeace and Friends of the Earth. The non-governmental organisations (NGOs) are pressuring processors and consumers to boycott the oil and European Union (EU) governments to block its import based on the contention that palm oil damages the environment.
Jaya Tiasa Spends RM173 Million To Further Develop Oil Palm Division
29/09/2009 (Bernama), Sibu - Another Sarawak timber and oil palm company has invested heavily in the oil palm industry.
Palm oil import to increase, become costlier
29/09/2009 (Daily Times), Karachi - Country’s palm oil products import bill for September-October 2009 will increase by around 10 percent on higher demand and rupee-dollar parity, importers said Monday.
Seventh Generation Commits to Sustainable Palm Oil by 2012
28/09/2009 (Environmental Leader) - Seventh Generation aims to exclusively use certified sustainable palm oil for its household products by 2012.
Anti- Palm Oil Campaign Unlikely To Have Immediate Impact On Exporters
29/09/2009 (Bernama), Bangkok - The anti-palm oil campaign by environmental groups is unlikely to have immediate effect on leading Malaysian and Indonesian exporters but could lead to trade and aid restrictions in future, the crop's pro-campaign group said Tuesday.
Palm oil plants
29/09/2009 (The Daily Star) - Palm Olin (locally we call palm oil) is a low cost edible oil. It is very suitable for human consumption from health point of view. Its yield per hector is much higher than all other known vegetables edible oils. The palm tree originated from the African continent. But at present Malaysia and Indonesia produce the largest quantity of palm oil systematically and export it to different countries. Developed high yield variety of plants when cultivated in a scientific way, discovered by research and development, has produced even a few tons of oil from a hector of land in a year in Malaysia. It has been proved that palm oil tree plantation is suitable for Bangladesh soil and climate. In the last decade Bangladesh imported more than one million tonnes of palm oil from Indonesia and Malaysia annually and the quantity is increasing with increase in per capita income over here. We have been consuming palm oil in the name of soybean oil as the traders sell palm oil as soybean oil. We knowthat palm oil is suitable for health and it also increases taste of food items.
Indo-ASEAN free trade agreement and beyond
28/09/2009 (Online Opinion) - In a major development, India and the ASEAN (Association of South-East Asian Nations) signed a Free Trade Agreement (FTA) in Bangkok on August 13, 2009. The FTA, restricted only to goods, is India’s first with a trade bloc and will cover 11 countries with a combined Gross Domestic Product of over US$2 trillion.
