Malaysian Palm Oil Board (MPOB)
The prices of oils and fats generally move in tandem with each another. This is evident from Figure 1 which shows their movements from 2002 to 2005. Due to their similarities in end-uses and characteristics, some of them are close substitutes and their prices become competitive with one another. Tough competition occurred in 2002 when […]
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 […]
It is a well-known fact that prices of oils and fats in the world market are very volatile. Prices fluctuate in a manner that reflects the supply and demand situations in the world. Any shortage will lead to an increase in prices and any surplus may result in a fall. As reflected in Table 1, […]
The market for selected oils and fats has been bullish since 2001 as the prices of these oils and fats gradually accelerated until 2003. The average price of refined bleached deodorized (RBD) palm olein increased from US$ 317 t-1 in 2001 to US$ 485 t-1 in 2003 (January-November) (Table 1). The palm kernel oil price […]
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% […]
The Asian bar soap market is expected to grow at a very healthy rate of 5%-6% over the next five years. In comparison, in Europe, there is negative growth and the bar soap market has been on the decline. Hence, the Asian bar soap business is a very interesting market for current and new entrants […]
Price performance of palm oil and its products had generally improved in 2002. Local crude palm oil (CPO), for instance, showed a significant price improvement by registering at RM 1165.50 t-1 in January and at RM 1626.50 t-1 in December 2002, thus averaging at RM 1353 t-1 for the whole year. This increasing price trend […]