Firm tracks drivers to curb palm oil theft
Posted: 08 Jun 2009 05:51 PM PDT
PETALING JAYA: The theft of crude palm oil (CPO) in the country is alarming, forcing industry players to come up with their own mechanism to contain the problem. The Sidhu Brothers Group, which has been in the business of transporting CPO for more than 30 years, seems to have come up with a formula to deal [ ...] |
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El Nino reduces rain in Indonesia and Malaysia
Posted: 10 Jun 2009 05:44 AM PDT
World’s top two palm oil producing countries of Indonesia and Malaysia now facing a new crisis as a strengthening El Nino influence in the Indonesian Basin has reduced rainfall in the these countries. Heavy rainfall was considered favorable for palm fruit development and high yields in palm oil, during La Nina’s reign last year. The [ ...] |
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Crude palm oil futures gain for 2nd day as oil surges
Posted: 10 Jun 2009 11:59 AM PDT
Crude palm oil futures in Malaysia yesterday gained a second day as crude oil surged to the highest in seven months, boosting the outlook for vegetable oils that can be used as alternative fuel. “We continue to gain confidence that the trough in the oil cycle has passed and a new upturn is under way,” Patrick [...] |
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| New trucks to give Scania the extra mile |
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| CPO futures prices higher |
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