Malaysian Palm Oil Board (MPOB)
The oils and fats sector has always exhibited a very common feature of volatility. This is true of the palm products for which the upswing and downswing of their prices imply that there are different factors affecting them at different times of the year. In 2009, speculations on the low production of palm oil in […]
In the early years of commercial production, the crude palm oil was processed into refined, bleached and deodorized (RBD) palm oil (PO). The light colour of the oil met the consumers’ expectation based on the traditional appearance of the classic cooking oils like soya, sunflower and groundnut oils. The refining process produced palm fatty acid […]
In the past six decades, a number of epidemiological studies have shown a clear association between certain dietary fatty acids and the risk of cardiovascular disease. A 2% increase in energy intake from partially hydrogenated fats or trans fatty acids is associated with a 23% increase in the incidence of cardiovascular heart disease. Replacement of […]
Biodiesel is one of the liquid biofuels that has been successfully evaluated as diesel substitute and gained worldwide acceptance (Choo et al., 2005). Today, many countries have mandated or given incentives for the use of biodiesel, whether derived from palm, soyabean, rapeseed or other feedstock in their diesel fuel. The leading countries in producing and […]
The European Union (EU) which covers a land area of 4.32 million square kilometres comprises 27 member states with a total population of 501 million. With an annual per capita usage of over 41 kg, the EU is a leading user of oils and fats, with an annual consumption exceeding 30 million tonnes. The EU […]
The saturated fats issue is not a new challenge to palm oil, as it was some three decades ago that the matter was first raised. The anti-tropical oil campaign, which labelled palm oil as saturated artery-clogging fat was first raised in the 1980s in the United States. As a response to this allegation, the then […]
The palm oil industry has been a significant driver to the Malaysian economic development and has established itself in the international oils and fats business. Export earnings from oil palm products reached RM 59.77 billion in 2010, an increase of 20.4% from RM 49.66 billion recorded in the previous year.
Agriculture is an integral part of the African economy. For example, in South Africa, the most developed African country, besides the presence of huge mining and industrial sectors in the country, the agricultural sector plays an important role in the economy. The agricultural sector contributes up to 8% of the Gross Domestic Products (GDP) of […]
The volatility of oils and fats prices is a significant feature of the oils and fats sector. With no exception for the prices of palm products, the upswing and downswing of their prices imply that there are different factors affecting the prices at different times of the year. In 2009, speculation over the low production […]
The visit of Ambassador Demetrios J Marantis, Deputy Trade Representative of the United States, to Malaysia in early March 2010 to discuss the trade related issues between the two nations denotes a significant starting point for the enhancement of trade relation between Malaysia and the USA. The visit of Datuk Seri Mohd Najib Tun Abd […]