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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 under near-term pressure as rising stocks outweigh El Niño fears
Palm oil falls to 11-week low on weak exports, rising output
Higher pay, but locals still shun estate jobs
Saturday June 11, 2005 - MIRI: Salaries earned by commercial plantationworkers in the country have increased substantially, with the lowest paidearning between RM800 and RM1,000 a month.
Palm oil bio-fuel policy being drawn up
New Straits Times - Jun 12 5:54 PM KUALA LUMPUR - Malaysia, the world’slargest producer and exporter of palm oil, is developing its own bio-fuelpolicy to further strengthen and brighten the industry’s outlook.
Indonesia Record's World's Fastest Growth CPO Prod
6/10/2005 Asia Pulse KUALA LUMPUR - Indonesia recorded the fastest growthin the production of crude palm oil (CPO) in the world in the past decade,Mihd Basri Wahid of the Malaysia Palm Oil Board (MPOB) said.
A little hard work pays off
New Straits Times - Jun 11 5:08 PM - SITIAWAN - Three or four times aweek, Zabedah Masra and her daughter Rohana Abdul Hamid make their way toan oil palm plantation neighbouring their village of Kampung Kayan here.They join 13 other women who arrive at the estate as early as 7.30ambefore heading towards areas where fresh fruit bunches have beenharvested.
Asiatic in Indon oil palm JV
08-06-2005 - Asiatic Development Bhd has entered into several jointventures to develop a total of 98,300 hectares of oil palm plantation inWest Kalimantan, Indonesia.
Chinese Investors Eye Indonesian Palm Oil Sector
6/8/2005 - The Jakarta Post - A group of Chinese investors have committedto investing up to US$8.6 billion in Indonesia's palm oil sector over thenext five years, a senior minister said on Wednesday.
CPO prices poised to remain firm in next two years
Wednesday June 8, 2005 - THE crude palm oil (CPO) market will continueto thrive with prices expected to hold firm and well supported at RM1,400to RM1,600 per tonne in the next two years, according to a research house.
Palm-oil : Rs. 50m Customs loss
Jun 11 12:36 PM - Sri Lanka - Government coffers have lost about Rs. 50million in revenue from the release of two under valued palm oil shipmentsin contravention of the Customs (Amendment) Act No.2 of 2003.
Ringgit Revaluation May Hurt Malaysia CPO Prices
Wednesday June 8, 2:45 PM KUALA LUMPUR (Dow Jones)--A stronger Malaysianringgit is likely to hurt the price of crude palm oil, with some of thedownward pressure already being felt amid speculation of a revaluation,industry participants said.
