Malaysian Palm Oil Board (MPOB)
The oils and fats sector has been bullish for the past few years. The sector enjoyed continuous surging prices since 2006 until the middle of 2008. Analysts related this scenario to the movements of fossil fuel price in the world market which recorded a similar trend. The surge in fossil fuel prices is mainly due […]
Prices of oils and fats have been fluctuating in the past, with ups and downs in the global market. Figure 1 shows that they had been accelerating upward since 2006 up until June 2008 after which they plummeted towards end of the year. The uptrend movements were closely affected by the petroleum price which had […]
The palm oil industry has been a significant driver in the economic development of Malaysia and has established itself in the international oil and fats business. The Malaysian palm oil industry has gained strength each year to promote its growth to a new level. In 2008, the industry recorded export earnings of oil palm products […]
The prices of oils and fats were generally bullish from 2001 to 2004. However, except for cottonseed oil, they turned bearish in 2005. Price recovery in some of them is expected in 2006, as indicated by their higher prices in the first three-quarters of the year. Prices of olein, stearin and soyabean oil are expected […]
There was an increase of 6.1% in the Malaysian production of palm oil from 14.962 million tonnes in 2005 to 15.881 million tonnes in 2006 (Table 1). This was a smaller growth than 2005 over 2004, of 7.1%, suggesting that the palms were in a slower production in their cycle.
Prices of most oils and fats were generally bullish during the period of 2001 to 2004. They moved in tandem, forming a general up trend during the period. However, they were bearish the following year, then recovered in 2006. But this was not the case with cottonseed oil where price independently followed a different pattern […]
Total production of palm oil by Malaysia in the first 10 months of 2004 was 11.402 million tonnes which was an increase of 234 582 t, or 2.1%, over the production of the same period of the previous year (Table 1). When traced on a monthly basis, production in the first two months of 2004 […]
The prices of most of the oils and fats studied in this paper have improved quite markedly in the past few years. As indicated in Figure 1 and Table 1, the prices of soyabean oil, refined bleached deodorized (RBD) palm olein, palm kernel oil, coconut oil, RBD palm stearin and tallow increased gradually from 2001 […]
There was a significant development in the EU in 2001 when the European Council agreed on a strategy for sustainable development, including the use of biofuels. In May 2003, the EU outlined a comprehensive legislative framework (European Directive 2003/30/EC) on the promotion of biofuels and other renewable fuels for transport, simply known as the Biofuels […]
There has been a small increase of 4.65% in the production of palm oil by Malaysia in 2004 where from 13.355 million tonnes in 2003 it reached 13.976 million tonnes in 2004 (Table 1). When compared to the period of 2003 over 2002, the increase was 12.14%, indicating that the palms are beginning the downturn […]