Malaysian Palm Oil Board (MPOB)
This report analyses the performances of prices of selected oils and fats, namely, RBD palm olein, soyabean oil, cottonseed oil, lauric oils (palm kernel oil and coconut oil), RBD palm stearin and tallow in the past few years and their prospects in 2005. Based on their performances from 2000 to 2004, the prices of the […]
Malaysian palm oil production increased from 11.355 million tonnes in 2003 to 13.976 million tonnes in 2004, i.e. by 4.65% (Table 1). This was a small increase compared to that of 2002 of 12.14% due to the palms being stressed after four years of high production. The lower increase in production was also due to […]
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 […]
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% […]
From 1990 to 2000, production of palm oil by Malaysia had been increasing yearly and this trend continued into the new millennium. Malaysia’s palm oil production increased from 11 804 million tonnes in 2001 to 11 909 million tonnes in 2002, i.e. by about 0.89% (Table 1). This is a small increase when compared to […]
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, […]
Malaysian production of palm oil in the year 2003 continued to be on the up trend when it reached 13.35 million tonnes from 11.9 million tonnes in 2002, an increase of 1.4 million tonnes, or 12.14% (Table 1). Monthly movements in production for 2003 showed that production for the first two months of 2003 was […]
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 […]
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. […]
Malaysian palm oil production increased from 10.553 million tonnes in 1999 to 10.842 million tonnes in 2000, i.e. by about 2.7% (Table 1). This increase was brought about by an expansion in the mature area, as well as higher yields that boosted production, especially in Sabah and Sarawak. The rainfall was also favourable, while the […]