News
Malaysia Mar 1-15 Palm Exports Up 18 Percent
Malaysia’s palm oil exports rose 18.4 per cent in the first 15 days of March, independent market surveyor Intertek (ITS) said. A total of 669,227 metric tons of the commodity were tracked from March 1 to 15, from 565,114 tons a month earlier, Intertek said in a statement today. Source : Business Tim...
CEO Recent Interviews
MPOC CEO Answers 10 Questions from The Star Readers, The Star, 13 March 2010 Europe Still Largely Depends on Palm Oil, Says MPOC, BERNAMA, 13 March 2010 Soyoil Subsidies Create Artificial Price, says MPOC, BERNAMA, 13 March 2010 Palm Oil Potentially Strong to Emerge as Ma...
Green Palm Oil Output May Double As Prices Rise
(Reuters) – Palm oil output that does not cut down forests and harm wildlife may double to 3 million tonnes by the end of this year as benchmark Malaysian prices steadily rise, an industry official said on Monday. The bulk of it will come from Malaysia as big planters come closer to ensuring t...
CPO Futures – Test for RM2,630 Support Level
OBSERVATIONS: The RM2,700 to RM2,725 a tonne area has become a zone of fear – fear that long (buy) positions entered into within that zone would be money-losing propositions. That’s because that’s the area where, last week, not only many dreams of riches have turned to dust, many m...
Palm Oil Refineries Should Venture Into More Downstream, Value Added Products
KUALA LUMPUR, March 14 (Bernama) — Malaysian palm oil refineries should venture into more downstream value-added products to remain profitable, said Felda Vegetable Oil Products Sdn Bhd Chief Executive Officer Ismail Hasan. “It is important to produce and export more value-added products...
Malaysia’s Palm Oil Tops World Edible Oil Supplier
KUALA LUMPUR: Malaysia’s palm oil has attained a high level branding internationally. This is not only as a top quality edible oil but also due to Malaysia’s reliability in supplying to a global market that continues to face a severe shortage of oil and fats, a top industry official said. Tan ...
