|
Palm ends at 17-week low, market awaits MPOB’s data
AI boom is turning Malaysia’s palm oil estates into data centres
CPO prices to stay elevated on firm demand and tight supply
CPO Futures End Higher On Firmer Soybean Oil Prices
PHILIPPINE 2001 COCONUT OIL OUTPUT SEEN HIGHER
According to the United Coconut Association of the Philippines Inc.(UCAP), the country's coconut oil output in 2001 will probably rise by 4.4% to 2.59 million tonnes in copra terms from the estimated 2.48 milliontonnes in 2000.
Spike in production cost leads to rise in prices
Its president Tan Chee Hee said the prices of raw materials such as corn and soybeans had increased between 50% and 80%.