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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
No relief in sight on vegoil price front
25/12/2007 (The Hindu Business Line), Mumbai - The new year is unlikely to bring any respite from high prices of vegetable oil. If anything, the upside risk to prices even from the current strong levels is high. Developments in the US, world’s largest producer of soyabean, will be keenly watched.
Palm oil up 1.3pc on tight supply
25/12/2007 (The News, Pakistan), Kuala Lumpur - Malaysian crude palm oil futures rose further on Monday, gaining 1.3 per cent as higher prices of rival soybean oil and lower supplies from plantations hit by floods boosted the market.
Cameroon: Palm Oil Price Rises As Scarcity Escalates
20/12/2007 (All Africa.com) - As Christmas approaches the prices of essential commodities have been steadily rising with palm oil hitting the high mark of FCFA 900 a litre, while a 20-littre jerry can is selling at FCFA 17.000, up from FCFA 12.000.
Malaysia Dec palm oil output hurt by floods
18/12/2007 (The Economic Times), Kuala Lumpur - Malaysia's palm oil output is likely to fall 18 percent this month from November, as floods and heavy rains have inundated plantations is key producing states, industry officials and producers said on Tuesday.
Malaysian government not concerned with rising palm oil prices - minister
16/12/2007 (Forbes) - The Malaysian government is not concerned with the current high price of crude palm oil (CPO) and expects prices to remain firm going forward, supported by strong demand from China and India, Second Finance Minister Nor Mohamed Yakcop said on Monday.
Pakistan second largest importer of palm olien
19/12/2007 (Daily Times, Pakistan), Karachi - In the first 15 days of December, Pakistan imported 68,700 metric tonnes of palm olien that ranked it as the second largest importer of the commodity after China, which imported 213,000 metric tonnes during same period, importers told Daily Times on Monday.
Carotech goes for higher margins
17/12/2007 (The Star Online) - Faced with high operational costs in the production of biodiesel and high crude palm oil (CPO) prices, Carotech Bhd, which also produces phytonutrients for the overseas market, will concentrate on the sales of phytonutrients, which has higher margins.
Big potential in biodiesel
16/12/2007 (The Star Online), Kuantan - Malaysia has the potential to be the biggest biodiesel producer in the world, Datuk Seri Najib Tun Razak said.
Economy To Gain From Rise Of Biodiesel Industry, Says Najib
15/12/2007 (Bernama), Kuantan - The Malaysian economy is expected to achieve more rapid growth with the rise of the biodiesel industry, Deputy Prime Minister Datuk Seri Najib Tun Razak said Saturday.
