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Malaysia's total palm oil stocks surge 24.54% to 3.51mil tonnes in Sept
CPO Futures Close Lower On Weaker Soybean Oil Prices
Palm oil falls to 11-week low on weak exports, rising output
CPO Futures End Lower In Line With Weak Regional Vegetable Oil Markets
TN MoU with 5 companies for contract farming of oil palm
27/02/2009 (The Economic Times), Chennai - Tamil Nadu government has signed MoUs with five oil extraction companies to cultivate oil palm across different locations in Tamil Nadu, on a contract-farming basis. This is part of the agriculture department’s plans to industrialise agri-biz and make it a steady profitable venture for producers as well as marketers.
Make use of palm biodiesel compulsory to cut CPO stockpiles
27/02/2009 (The Star Online) - Strategies such as oil palm replanting schemes and making the use of palm biodiesel compulsory in Malaysia will reduce crude palm oil (CPO) stockpiles and sustain its price at RM1,400 per tonne levels, said Malaysian Palm Oil Council (MPOC) chief executive officer Tan Sri Yusof Basiron.
No Plan To Set Ceiling Price For Rubber And Oil Palm - Kohilan
26/02/2009 (Bernama) - The government does not intend to set a ceiling price for natural rubber and oil palm following the sharp fall of the two commodities\' prices in the world market, Deputy Minister of Plantation Industries and Commodities A. Kohilan Pillay told the Dewan Rakyat today.
Earnings from palm oil exports expected to drop
26/02/2009 (The Star Online), Kuala Lumpur - Malaysia’s earnings from palm oil exports, which stood at RM65 billion last year, is expected to drop this year due to a slowdown in demand.
EU’s biodiesel tax move raises concern
26/02/2009 (The Star Online), Kuala Lumpur - Malaysia and Indonesia expressed concern over a plan by the European Union (EU) to impose import taxes on US biodiesel, potentially damping the outlook for alternative fuels made from vegetable oils and grains.
Chin: Palm Oil Production To Be Unchanged
25/02/2009 (Bernama), Kuala Lumpur Malaysia\'s palm oil production is expected to be unchanged or lower compared with last year\'s due to the implementation of the replanting scheme.
Govt plans to enhance palm oil production
24/02/2009 (The Nation), Islamabad - The government plans to enhance palm oil production in the country by bringing more area under canola and sunflower cultivation to save the foreign exchange currently being spent on the import of the commodity.
Edible oil prices being raised thru\' syndication
24/02/2009 (The New Nation) - Businessmen have again resorted to unethical practice of raising edible oil prices through the formation of syndicate.
China imports less edible vegetable oil last year
21/02/2009 (Xinhua), Beijing - China's edible vegetable oil imports fell in 2008 due partly to production driven down by a strike of farmers in Argentina, which had for years been the largest supplier for China.
