Malaysian Palm Oil Board (MPOB)
Malaysia produced 8.649 million tonnes of crude palm oil (CPO) in the first nine months of 2001. This was an increase of 1.098 million tonnes or 14.54% over the production in the same period the previous year. Monthly production for the first eight months in 2001 was higher than that of the corresponding period in […]
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 […]
Malaysiaís palm oil production increased from 10.842 million tonnes in 2000 to 11.804 million tonnes in 2001, i.e. by about 8.9% (Table 1). This increase was brought about by expansion in the area entering maturity, as well as higher yields that boosted production, especially in Sabah and Sarawak. Favourable rainfall and the improvement in the […]
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 […]
Production of palm oil by Malaysia in the first nine months of 2002 reached 8.704 million tonnes and exceeded total production for the same period of the previous year that totalled 8.649 million tonnes by 55 000 t or by 0.63% (Table 1). Monthly movements in production for the first five months of 2002 indicated […]
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 […]
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 […]