Malaysian Palm Oil Board (MPOB)
The year 2001 is becoming another bearish year for some oils and fats, especially palm products. This is based on the fact that prices of these selected oils and fats were generally low in the first 10 months of 2001 compared to their prices in the same period of the previous year. Table 1 indicates […]
Palm products recorded another bearish year in 2001 as prices continued to decline along the trend that began in 1999. The price of refined bleached deodorized (RBD) palm olein averaged out at US$ 317 t-1, RBD palm stearin at US$ 264 t-1, RBD palm oil at US$ 259 t-1, crude palm oil at US$ 286 […]
Oils and fats registered lower prices in 1999, following the peaks in the previous year. The low price scenario was mainly due to the over supply of oils and fats, and in particular Malaysian palm oil. Malaysian palm oil production had increased significantly from 8.3 million tonnes in 1998 to 10.6 million tonnes in 1999, […]
The prices of selected oils and fats were generally low at the beginning of the year 2000 and continued to decline (for the second consecutive year) to register the lowest prices since 1998, the last peaked year recorded by these oils and fats (Table 1). One of the main reasons for the low prices in […]