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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
CPO futures end mostly higher on soybean oil gains
BAAC to help rubber, oil palm farmers
15/02/2009 (Bangkok Post) - The Bank for Agriculture and Agricultural Cooperatives (BAAC) planned to allocate a budget of 12 billion baht to help lift the sinking prices of para rubber and oil palm prices, BAAC senior executive vice president Ennoo Suesuwan said on Sunday.
Whole Foods bans unsustainable palm oil from its products
24/02/2009 (Mongabay.com) - Whole Foods pledges to use only sources of palm oil that have been independently verified and certified to meet environmental and social sustainability criteria in its private label brand products by 2012.
Heavy veg oil imports force distress sale
13/02/2009 (The Economic Times, India), Mumbai - MUMBAI: A glut of edible oil following heavy imports is forcing traders to sell their stock at a loss. Following this, fresh imports have already slowed down according to the trade and industry people.
Edible oil companies keen to buy plantations overseas
13/02/2009 (Business Standard, India) - The domestic edible oil industry is looking to acquire palm plantations in Malaysia/Indonesia since prices of such plantations have crashed by 50-60 per cent in the past 5-6 months following a fall in palm oil prices.
Declining Stockpiles in Malaysia Lifts Palm Oil Futures for 2nd Straight Week
13/01/2009 (The Jakarta Globe), Singapore - Palm oil futures in Malaysia headed for a second week of gains as stockpiles in the world’s second- biggest producer of the commodity dropped to a nine-month low.
India Buy More Palm Oil From Malaysia
12/02/2009 (Bernama), New Delhi - India's Commerce and Industry Minister Kamal Nath has assured that the country will import more palm oil from Malaysia, which is now a leading exporter to the sub-continent economy.
Malaysian Exports Post Biggest Drop in Almost 7 Years
12/02/2009 (Bloomberg) - Malaysia’s exports fell the most in almost seven years in December as electronics and commodities sales slid amid dwindling global orders.
Lower inventories fail to lift CPO prices
12/02/2009 (The Star Online), Petaling Jaya - Declining palm oil inventories and lower production in January failed to lift crude palm oil (CPO) prices yesterday, with the benchmark April CPO contract losing RM44 to RM1,925 per tonne on Bursa Malaysia Derivatives.
Biscuit baker cuts sat fats
11/02/2009 (Bakery Info) - Paterson Arran has been named the first company to be part of the HGCA’s Supply Chain Partnership Innovation Showcase. The initative has been devised to help promote best practice in the cereals supply chain in innovation, cost and price, transport, materials testing and communication and collaboration.
