News
Discovering Palm Oil’s Health Benefits
FROM the fruits of the oil palm tree, palm fruit oil has been used in food preparation for over 5,000 years. Today, it is consumed worldwide as cooking oil, margarine and shortening. It is also used in fat blends and a vast array of food products. It was not so in the America of the […]
CPO Futures Dip on Speculative Play
KUALA LUMPUR: Crude palm oil futures prices closed firmer yesterday prompted by speculative play, dealers said. They said the positive outlook for the industry in line with growing global demand would boost market confidence and support prices. “Concerns over supply shortage have also pushed u...
CPO Seen Stable at RM3,100 Level
THE price of crude palm oil (CPO) should be able to maintain at the RM3,100 level, according to Malaysian Palm Oil Council (MPOC) and Rabobank. On the other hand, CIMB Research’s forecast is RM2,970 for 2012. The price of CPO yesterday was RM3,065 a tonne. MPOC chief executive officer Tan Sri Dr Yus...
CPO Likely to Beat Forecast
KUALA LUMPUR: CRUDE palm oil (CPO) is likely to be higher than the RM3,500 per tonne forecast earlier as the price is not based on the actual supply and demand situation, a top industry official said. Malaysian Palm Oil Council (MPOC) chief executive officer Tan Sri Yusof Basiron said the local indu...
Healthy and Safe
From fried savouries to baked sweets, palm oil proves its versatility in cooking. PALM oil, a vegetable oil from the fruit (pulp) of the oil palm tree (Elaesis guineensis), is one of the most popular edible oils in the world. Palm oil, which is bright yellow/orange, is healthy and is one of the few ...
MPOC: Research Incentives Needed to Increase Palm Oil Yield
Kuala Lumpur: Malaysian palm oil yield can be accelerated if incentives are given to drive research and development activities, said the Malaysia Palm Oil Council (MPOC). MPOC chief executive officer Tan Sri Yusof Basiron said innovation in technology was the driver for progress and sustainability i...
