News
India Has Demand For Red Palm Oil
MUMBAI, June 9 (Bernama) — Red palm oil that contains provitamin A carotenes, is one of the many products that can be introduced in India. “This red palm oil can be a good source of Vitamin A for India which has high incidence of night blindness,” Malaysian Palm Oil Board Director ...
CPO Easier on Profit-taking
KUALA LUMPUR: The crude palm oil (CPO) futures contract prices on Bursa Malaysia Derivatives ended easier yesterday on profit-taking, a dealer said. Jim Teh, Senior Palm Oil Trader, Interband Group of Companies, said external factors such as gloomy global economic outlook and easing crude oil price ...
Malaysia Continues to Dominate Palm Oil
MUMBAI: Malaysia and Indonesia would continue to dominate the supply of palm oil in the world for at least another 10 years although many countries have ventured into oil palm cultivation. Rabobank’s Food and Agribusiness Research and Advisory’s associate director, Pawan Kumar, said both count...
Palm Oil Export to India to Exceed 1.82 million Tonnes in 2012
MUMBAI: Malaysia’s palm oil export to India is expected to exceed 1.82 million tonnes in 2012, Plantation Industries and Commodities Minister Tan Sri Bernard Dompok said today. “This year, even though it is still too early to tell what the final figure will be, the observation during the first...
Proposals to Address Palm Oil Industry Concerns to be Presented soon
MUMBAI: Policy proposals that will address concerns in the Malaysian palm oil industry, including the impact of the low palm oil tax structure by Indonesia, will be presented to the Government soon. Minister of Plantation Industries and Commodities Tan Sri Bernard Dompok said the Government wanted a...
Redefine Business Approach In Palm Oil Industry, Says Dompok
MUMBAI, June 7 (Bernama) — The private sectors in Malaysia and India should redefine the business approach in the industry by forming partnerships and strategic alliances to discover new avenues to expand the edible oil and palm oil businesses. In making the call, Minister of Plantation Indust...
