KUALA LUMPUR Nick Jensen Red Wings Jersey , Sept. 11 (Xinhua) -- Malaysia's palm oil stockpile rose 8.79 percent month-on-month to 1.94 million tonnes in August, the Malaysian Palm Oil Board (MPOB) said on Monday.
The production for the month fell 0.9 percent month-on-month to 1.81 million tonnes, while the export rose 6.43 percent to 1.49 million tonnes, according to the industry regulator.
The August palm oil stockpile is within analysts expectations. RHB Research Institute's regional plantation head Hoe Lee Leng told Xinhua that the only surprise for her was a slight dip of the palm oil production in August when compared with July.
However, she expected it to normalize in the next few months as September and October are normally the peak season for palm oil production.
Although crude palm oil (CPO) price rebounded recently Womens Jonathan Ericsson Jersey , she maintained her full year palm oil prices forecast at 2,600 ringgit (619 U.S. dollars) per tonne.
"The rebound might due to the soybean prices movement, and the weather issue in the U.S. and South America. But this should be a short-term phenomenon, we should see the price to normalize," she added.
According to MPOB Womens Darren Helm Jersey , CPO price stood at 2,757 ringgit per tonne as of Sept. 8. It had risen 6 percent when compared with Aug. 8.
Public Investment Bank's analyst Chong Hoe Leong also told Xinhua the stockpile is likely to hit the psychological level of 2 million tonnes in September, which will pressure the palm oil prices.
The stronger ringgit lately will also pressure the palm oil prices, said Chong who expected CPO price to end the year at 2,500 ringgit per tonne.
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BUENOS AIRES, Sept. 29 (Xinhua) -- The Argentine inventor of free-kick vanishing spray, Pablo Silva, Monday denied claims made by Germany in rejecting the product as ""unsafe.""
The canned foam, used by referees to mark the spot players should stand on the field during a free kick Womens Luke Glendening Jersey , does not contain harmful hormones or parabens, or too much propellant, as German product testers claim, Silva said in a press release.
He accused the Germans of ""maliciously reporting something that isn't true.""
""I was surprised that following the (2014 Brazil) World Cup,"" where the spray was in regular use Womens Henrik Zetterberg Jersey , ""such a report would appear, with the intention to discredit 14 years of work and effort,"" Silva said.
He complained that the testing of the product ""was taken very lightly,"" and the conclusions ""disrespect the 'International Board' in charge of setting down the rules of world football, which on March 3 Womens Anthony Mantha Jersey , 2012 approved its use at its annual assembly.""
""I would like to think that this is due to rigorous German perfectionism and not to ulterior motives,"" added Silva.
According to German daily Bild, which reported on the testing, the spray contains ""active hormones,"" in addition to lacking proper labeling in German as ""inflammable."" The warning is written in both Spanish and English.
""It is false to affirm that it has 'too much (propellant) gas' Womens Jimmy Howard Jersey , since the amount used is extremely low,"" said Silva, adding the product has between 20 to 25 percent propellant, while the average alcohol-based deodorant has 35 percent and antiperspirant has 80 percent.
The vanishing spray was first used in 2008 by Argentina's second-division teams, then went on to be embraced by Mexico's league and finally this year's World Cup.
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