Prices of Selected Oils and Fats in 2003 and 2004

by mpob_admin

Some oils and fats improved in their prices from 2001 until 2003 (Figure 1). Among them cottonseed oil was the leader as its price increased by more than 100% from USD 414 t-1 in 2001 to USD 895 t-1 in 2003 (Table 1). The increases in palm olein and soyabean oil prices were about 55% and 57%, respectively, while those of palm kernel oil and coconut oil were about 49% and 47% respectively. The refined bleached deodorized (RBD) palm stearin price grew faster (59%) than that of tallow (42%) over the period.

Releated

Supply and Disappearance: A Review

Malaysia’s palm oil production increased from 11.909 million tonnes in 2002 to 13.35 million tonnes in 2003, i.e. by about 12.14% (Table 1). This was quite a significant compared to the increase in 2002 over 2001 where the growth was by 0.89% indicating that the palms had rested sufficiently low after four years of production. […]

by mpob_admin