News
Palm Oil Prices To Be Firm For H1 2011: OSK
Palm oil prices for 2011 will be firm in the first half due to the delayed adverse weather effect on production but a strong recovery in the second, will result in weaker prices, said OSK Investment Research. “While we continue to place our calendar year 2011 average price assumption at RM2250...
IOI Corp Leads Planters Higher
IOI Corp led Malaysian plantation stocks higher in Kuala Lumpur trading after palm oil futures surged to a 26-month high yesterday. IOI advanced 2.3 per cent to RM5.71 at 9:10 a.m. local time, set for its biggest gain since Sept. 13. Sime Darby Bhd added 1.8 per cent to RM8.86 and Kuala Lumpur Kepon...
Palm Oil Exports Up 21% In September
Malaysia’s palm oil exports rose by 21.16% to 1.47 million tonnes in September against the previous month, in line with the expected increase in the commodity export value this year. Year-on-year (yoy), the palm oil export for Sept this year reflected a 10.9% climb compared with the same month last ...
Palm Futures Surge To Near 26-Month High
Crude palm oil futures on Bursa Malaysia Derivatives closed sharply higher yesterday, surging to a near 26-month high in line with gains in the soyabean futures market and a smaller global crop estimate for soya and corn,dealers said. October 2010 rose RM151 to RM2,894 a tonne; November 2010 climbed...
Indirect Land Use Change Impacts of Biofuel
COMMENTS FROM MALAYSIAN PALM OIL COUNCIL INDIRECT LAND USE CHANGE IMPACTS OF BIOFUELS – CONSULTATION 1. Do you consider that the analytical work referred to above, and/or other analytical work in this field, provides a good basis for determining how significant indirect land use change resulting fro...
Malaysia Sept Palm Stockpiles Up 0.2pc
Palm oil stockpiles in Malaysia, the world’s second-largest producer, rose 0.2 per cent in September compared with the previous month. Inventory of the edible oil, used mostly in cooking, rose to 1,708,101 metric tons, the Malaysian Palm Oil Board said in a statement today. Output fell 2.7 per cent ...
