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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
How to produce palm oil, palm cake
29/12/2008 (Business Day Online) - The only solution to the present economic problem in Nigeria is by way of encouraging production. With increased production, prices of goods and services will be brought down, there will be more employment for the people both at the rural and urban centres, industries will operate at near full capacity, and there will be products for export market. What follows is increase in foreign earning capacity and also less dependence on foreign goods. Palm kernel oil production is one of such investments that will definitely boost Nigeria’s production.
Don\'t reimpose duty on crude palm oil, govt told
29/12/2008 (Business Standard) - Vanaspati manufacturers, apprehensive of a reimposition of duty on crude palm oil (CPO), have asked the government to desist from such a move as it could lead to an increase in the prices of cooking oil.
Vanaspati industry petitions against duty on crude palm oil
28/12/2008 (The Hindu), New Delhi - Apprehensive of re-imposition of duty on crude palm oil, vanaspati manufacturers have asked the government to desist from such a move as it could lead to higher prices of cooking oil.
Helping smallholders get fair prices
28/12/2008 (NST Online) - OIL palm was introduced in the 1960s to reduce Malaysia's heavy dependency on rubber and tin. Now the country's most important commodity, it accounts for 51 per cent of world production and 62 per cent of our exports.
Malaysia: Commodities Under More Pressure In 2009
26/12/2008 (My.Sinchew), Malaysia - Reduced demand coupled with depressed prices are expected to pressure Malaysia\'s major commodities such as crude palm oil (CPO), rubber and tin next year
Indonesia to increase palm oil base rate
26/12/2008 (The West Australian) - Indonesia, the world’s biggest palm oil producer, will raise the base price for palm oil exports in January to $418 a metric ton and keep the duty at 0 per cent.
Investor to produce biodiesel in Luapula
25/12/2008(Lusaka Times) - An investor has expressed interest to venture into biodiesel production from palm oil in Luapula Province next year.
Veg oil prices to rise 20% in \'09
25/12/2008 (Business Standard) - Despite the weak global outlook, edible oilseeds and oils prices are likely to appreciate 20 per cent in 2009 on rising palm oil demand from the food sector constituting 15 per cent of global consumption.
No case for raising customs duty on palm oil
24/12/2008 (Commodity Online), New Delhi - The Vanaspati Consultative Committee, an apex body of the Vanaspati industry has urged the Union Government not to increase customs duty on Crude Palm Oil as consumer prices of edible oils continue to be high with prices of major oilseeds ruling above Minimum Support Price (MSP).
