News
Palm Oil Stocks Likely to Fall Further
MALAYSIA’S palm oil stocks are poised to drop further this month after hitting a six-month low in January as heavy rains and floods continue to dampen output. Concerns over low yields after massive floods swamped key Malaysian oil palm growing areas in end January have triggered a rush for the...
CPO Futures Close Slightly Easier
CRUDE palm oil futures on Bursa Malaysia Derivatives closed slightly easier yesterday on profit-taking after hitting a fresh three-year high of RM3,931 a tonne on Wednesday, a dealer said. February 2011 declined by RM5 to close at RM3,966 a tonne, March 2011 fell RM5 to RM3,954, April 2011 shed RM5 ...
Why Green is Becoming an Enemy of Civil Rights
It is fashionable in some circles to say that “green is the new black.” By this, it is meant that environmental values and mores have become chic, trendy, and cool. I increasingly take deep offense at this notion. Perhaps without realizing it, environmental organizations have recently advanced polic...
Healthy Palm Oil Prices Expected
Expert sees consumption surging with supply still tight PETALING JAYA: The growing world dependence on palm oil amid the severe tight supply situation will limit the price of the commodity from falling below RM2,000 per tonne experienced in late 2008, according to an international commodity expert. ...
April CPO Hit 3-Year High
CRUDE palm oil (CPO)futures on Bursa Malaysia Derivatives closed higher yesterday, supported by China’s growth prospects and the return of market players after the long Chinese New Year holidays, dealers said. The benchmark April CPO contract on Bursa Malaysia Derivatives surged to as high as ...
CPO Stocks Seen at Six-Month Low
Malaysia’s January palm oil stocks likely dropped to a six-month low as overseas demand outpaced sluggish output, a Reuters poll showed yesterday. Inventories in the world’s No. 2 producer dropped 10.2 per cent to 1.45 million tonnes, the median survey of five plantation houses showed. P...
