News
Palm Futures Track Oil, Soybeans Lower
Palm oil futures yesterday tracked crude oil and soybeans lower on concern the global recession will slow demand for its use in food and fuel applications. Soybean oil is a substitute for palm oil, and changes in the price can influence trends in the tropical commodity. The World Bank has said the g...
Palm Oil Exports Up from May
PETALING JAYA: Palm oil exports from June 1 to June 25 rose 3.9% compared to the same period last month. Cargo surveyor Intertek said 1.01 million tonnes of palm oil were tracked in the period compared to May’s 979,327 tonnes.Crude palm oil (CPO) third-month futures was up RM58 to RM2,308 per tonne....
Don: Efficient R&D crucial for palm oil to extend global presence
Kuala Lumpur – An efficient research and development (R&D) operation is crucial for palm oil to maintain and extend its global presence as the industry moves into increasingly uncertain environment wth economic dislocation and climatic changes. Professor Denis J. Murphy from the University...
Palm Futures Tumble to Fresh 11-Week Low
Malaysian crude palm oil futures dropped as much as 5.7 per cent yesterday to hit a fresh 11-week low as weaker oil prices weighed on global vegetable oil markets. The benchmark September contract on the Bursa Malaysia Derivatives Exchange fell as much as RM130 to RM2,155 per tonne, a level unseen s...
Malaysia Oil Palm Stocks at 9-Month High
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Negative Implications of GHG Emission Criteria
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