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Palm oil to remain main growth driver in agriculture
PALM oil will remain the main driver of growth in the agriculture sector despite concerted efforts by the government to boost the output from other sources such as fisheries and food-based agricultural activities.
Palm oil futures prices set to rise for eighth week
PALM oil futures prices may rise for an eighth week in Malaysia, which produces half of the world's palm oil crop, because of falling estimates for the rival soybean harvest in Brazil.
Palm oil dominates Bangladesh edible oil market
Import of palm oil in Bangladesh increased substantially this year, and is expected to cross the mark of 500,000 tonnes before the end of 2003.
Bullish soybean boosts palm oil price
THE current rise in palm oil price is mainly influenced by the bullish soybean market, which in turn is driven by the shortage of supply following unfavourable weather conditions in the United States, said Malaysian Palm Oil Board (MPOB) director-general Datuk Dr Yusof Basiron.
CPO price expected to narrow 10%-15%
THE price of crude palm oil (CPO) is expected to narrow down by 10% to 15% from its current average price of RM1,300 per tonne later this year, as dampening factors like surplus in the supply of vegetable oils and oils in unprocessed seeds slowly creep in.
CPO may adjust downwards
Forecasting Price Trends: A weekly column by G.M. Teoh on Crude Palm Oil, Soyoil, Cocoa and Cash-Tin.
CPO prices surge on strong Indian demand
THE price of crude palm oil (CPO) traded RM50 to RM58 higher in the morning yesterday #8211; one of the highest gains in single-day trade this year #8211; triggering traders' hopes of a short-term bull run chasing prices to above RM1,500 a tonne.
Contrarian view on plantation sector
IT IS not every day that an investment analyst borrows from the work of rock music icon Bob Dylan. So, when a local stockbroking house recently came out with a research report called I>The Times They Are A-Changing/I>, it is noteworthy.
Things look up for Sime Darby
SIME Darby Bhd, Malaysia's oldest conglomerate, with very diversified interest, can look forward to another good year ahead.
