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CPO prices to consolidate at RM4,000 to RM4,300
Mixed forecasts for palm oil at POC2026
CPO FUTURES CLOSE LOWER ONSTRONGER RINGGIT, CONCERNS OVERWEAK DEMAND
Palm oil ends lower after MPOB’s data release
India will face edible oil shortage due to Olympics
13/03/2008 (Commodity Online), New Delhi - India holds the distinction of the largest producer, importer and consumer of edible oil in the world. To some it is a dubious distinction while to others it is a business opportunity. World over, oil producing countries look towards India’s demand and supply to ascertain their prices which means India virtually decides the world prices of edible oil.
Edible oil import duty may be cut
12/03/2008 (Commodity Online), Indore - Worried over the rising inflation rate sin the country, the government may cut the import duty on edible oil by 10 per cent.
Coconut oil prices to stay bullish
12/03/2008 (Food Navigator) - Coconut oil prices are set to stay high this year, pushing food makers to look at innovative ways of reducing their costs.
Palm fat v/s trans fat: Which is the better option?
12/03/2008 (Express Hospitality) - Despite overwhelming scientific evidence that trans fats are worse than saturated fats for cardiovascular health, most food manufacturers worldwide are reluctant to replace trans fat with natural semi-solid fats.
CP ready for palm oil in 2011
12/01/2008 (The Bangkok Post) - Charoen Pokphand Group, the country's biggest agro-industrial conglomerate, plans to start producing palm oil over the next three years to capitalise on rising domestic demand for the commodity, driven by its increased use in both cooking and biofuels.
Charoen to invest US$280mil in palm oil plantations
12/03/2008 (The Star Online), Jakarta - A unit of agro and aquaculture firm Charoen Pokphand Indonesia Tbk plans to invest US$280mil to develop palm oil plantations in West Kalimantan driven by demand for biofuel, a company official said yesterday.
International bio-fuel production increases wheat prices
12/03/2008 (Daily Times, Pakistan), Islamabad - The use of agriculture commodities for making bio fuels in major developed and developing countries has not only decreased the availability of essential agriculture commodities in international market but also increased their prices many fold for food importing countries including Pakistan.
India May Cut Edible Oil Tax 10% as Record Prices Fan Inflation
11/03/2008 (Bloomberg) - India, the world's biggest buyer of vegetable oil after China, may cut import duties by more than 10 percent as record high global prices fan inflation, the country's largest importer said.
Palm oil rallies on strong exports, higher soyoil
11/03/2008 (Reuters), Kuala Lumpur - Malaysian crude palm oil prices rallied 5 percent on Tuesday, as buyers rushed back into the market after stronger export data and an overnight jump in soyoil and crude oil prices, traders said.
