News
October Palm Oil Stocks Up 3.66pc
October Palm Oil Stocks Up 3.66pc KUALA LUMPUR: Malaysia’s palm oil stocks rose by 3.66 per cent to 2.17 million tonnes in October 2014 from 2.09 million tonnes the previous month. In a statement today, the Malaysian Palm Oil Board (MPOB) said crude palm oil (CPO) stocks increased 1.40 per cen...
Palm Oil Prices Ease on European Vegoils Market
Palm Oil Prices Ease on European Vegoils Market Palm oil on the European vegetable oils market eased further on the back of weak mineral oil prices and due to a lower ringgit, which makes cash palm oil cheaper for buyers holding foreign currencies. “Overall it was a slow day with many players ...
Palm Oil Ends At Over 1-Week Low As Crude Drops
Palm Oil Ends At Over 1-Week Low As Crude Drops KUALA LUMPUR, Nov 6 (Reuters) – Malaysian palm oil futures fell to their lowest in over a week on Thursday, reversing gains made earlier in the session as a turn lower in crude oil prices triggered a sell off, traders said. Brent crude oil fell [...
Palm Oil Seen Extending Bull Market
Palm oil will probably climb more than 10 per cent, extending a bull market, as inventories contract in Malaysia and Indian imports expand, according to Dorab Mistry, director of Godrej International Ltd. Futures “will comfortably exceed” RM2,500 (US$749) a metric tonne after March as stockpiles in ...
Palm Oil Mills’ Biogas Capture Implementation In Sarawak a Major Challenge
KUCHING: One of the progressive initiatives of the palm oil industry is the target to get all palm oil mills installed with biogas capture facilities for utilisation to eliminate methane gas released into the atmosphere. The industry has been regulated by Malaysian Palm Oil Board (MPOB), which is im...
Meeting Demand
EDIBLE OIL SUPPLY: Malaysia and Indonesia must accelerate oil palm plantings to avoid acute shortage, warns analyst HAMBURG-BASED ISTA Mielke GmbH executive director Thomas Mielke has warned that developing nations will face acute shortage of cooking oil in the next few years if Indonesia and Malays...
