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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
The Pitfalls of Palm Oil
30/09/2009 (The Green Girl) - During the approximately 8 hours we spent driving through Costa Rica we couldn’t help but notice the thousands of acres of perfectly aligned palm trees that seemed to spring up out of nowhere. I had read and heard about palm oil plantations devastating our endangered tropical ecosystems but these trees looked so natural in their full grown state that it was hard to imagine just how much pain they had caused their environment.
Palm Oil Must Drop to Lure Buyers, Mistry Says
28/09/2009 (Bloomberg) — Palm oil, the world’s most consumed vegetable oil, must drop to 2,200 ringgit ($642) a metric ton for demand to rebound amid a near-record stockpile, said Dorab Mistry, director at Godrej International Ltd.
India’s Cooking Oil Demand Growth to Slow After Record Increase
27/09/2009 (Bloomberg) - Vegetable oil demand growth in India, the biggest buyer after China, may slow from a record pace fueled by an import-tax waiver that pared costs and stoked consumption in Asia’s third-biggest economy.
India-ASEAN FTA one sided
26/09/2009 (MSN) - ASEAN agreement would spell death knell to Kerala’s economy which is centered around Marine products, Spices, Coconuts, coconut products including edible oils, cashew, vanilla, Rubber, Copra, and many other items which have mainstay in the economy of this small state which depends exclusively on the Retail economy with very negligible Gross State Domestic Product from Manufacture.
Drought to Pare India Oilseed Crop, Supporting Palm Oil Imports
25/09/2009 (Bloomberg) - India, the biggest buyer of palm oil after China, may producer fewer monsoon-sown oilseeds as dry weather in the main growing areas reduced sowing of peanuts.
India summer oilseed output to fall in 09/10-trader
25/09/2009 (Reuters) - India's summer-sown oilseed output is likely to fall by more than 4 percent to 13.1 million tonnes in 2009/10 due to a drop in groundnut production, leading trader and respected analyst Govindbhai Patel said on Friday.
India Must Restore Import Duties on Vegetable Oils
25/09/2009 (Bloomberg) - India, the biggest buyer of edible oils after China, may restore duties by March to protect local oilseed farmers from cheaper overseas purchases of cooking fat, said Dorab Mistry, director of Godrej International Ltd.
Egypt\'s Meditrade seeks 30,000 T edible oil
24/09/2009 (Reuters), Cairo - Egypt's Meditrade said on Thursday it was seeking 30,000 tonnes of soyoil and sunflower oil for arrival in November.
Palm oil weighed down by soybean supply outlook
24/09/2009 (The Star Online), Singapore - Palm oil fell the most in five days as the prospect of a record US soybean crop reduced concern over a shortage in global edible oil supplies.