Oilseed analysts are predicting a squeeze on supply of Malaysian palm oil for months to come, as prices are pushed up by farmers’ inability to invest in inputs and poor extraction rates – while demand for fried and oily food is not abating.
The first shipment of sustainable palm oil is set to arrive in Europe next week; but even if manufacturers do not use the oil directly they can still buy into the movement with certificates that allow them to state their support, explained the RSPO president.
A new process for producing palm oil seeds which researchers claim has the potential to triple crop yield and address both sustainability and supply issues is expected to become commercially available within 10 years.
Malaysian multinational Sime Darby is to channel €34m into
expanding its value-added oils and fats presence in Europe,
including upgrading its existing Unimills facility and setting up
new palm oil facilities.
Indonesia's leading cooking oil producer witnessed surging share
prices on its Singapore trading debut yesterday, as investors
sought to capitalize on growing interest in the country's palm oil
Scientific experts at the European Commission will vote this
morning on emergency measures to ensure that tumeric and palm oil
are checked at European entry ports to verify they are clear of
sudan 1, the illegal carcinogenic dye,...
Global stocks of soybeans continue to rise after last year's price
spiking draw-down, with oilseed production for 2004-05 projected to
reach 390.2 million tonnes, providing a 'comfort-zone' for
Food makers enjoying bearish prices for palm oil used extensively
in food applications could see a rise as Malaysia, the world's
number one producer, builds plans to reduce palm oil production,
writes Lindsey Partos.
Dutch producer of oils and fats Loders Croklaan has changed its
company logo in an effort to underline the connection with its
Malaysian parent company IOI Group and emphasize their joint palm
Russian edible oils producer Solnechnie Produkti has reported sales
growth in excess of that for the market as a whole, the second
major producer to do so in as many weeks. As with market leader
NMZhK, Solnechnie Produkti's growth...
Premium Nutrients, a Malaysian producer of oils and fats, is
looking to step up its investment in the EU over the next three to
four years, with a resulting 10 per cent increase in turnover to
around RM56 million in 2005.
Dutch supplier of palm oil-sourced food products Loders Croklaan
has consolidated its position in the growing palm ingredients
market, agreeing this week to buy Malaysian palm oil specialities
After years of Malaysian domination the international palm oil
industry is set to become far more competitive. It is common
knowledge that the Indonesian palm oil industry is gearing up for
increased production, but now Thailand is...
A common, but increasingly expensive and popular, food ingredient
is the focus of a new global initiative to protect production.
Ingredients firm Aarhus United has linked up with other
stakeholders in the food industry to push a plan...
Having announced strong half-yearly results, Malaysian Palm Oil
producer Golden Hope says that it will be looking to markets such
as China to exploit its growing oleochemicals division in an effort
to increase its presence in the...