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MARKET DEVELOPMENT  
  27-01-2005

Cargill expands vegetable oil market in Russia

1/26/2005 - Food ingredients behemoth Cargill drives into growing Russianvegetable oil market, breaking ground on its first refinery in thecountry.

MARKET DEVELOPMENT  
  27-01-2005

CBIP to run palm oil mills by next year

Saturday January 22, 2005 - CB Industrial Product Holding Bhd (CBIP) plansto start operating palm oil mills by next year in a move to expand itscore business of manufacturing such mills for its customers, said managingdirector Lim Chai Beng.

MARKET DEVELOPMENT  
  27-01-2005

Government nod sought for bio-diesel plant

Sunday January 23, 2005 MIRI: The Plantations, Industries and CommoditiesMinistry is seeking the Government’s approval to set up a RM200milrefinery to produce bio-diesel from palm oil.

MARKET DEVELOPMENT  
  27-01-2005

Indian differential duty regime impacts Malaysian

Mumbai, Jan 19 : Malaysian Palm Oil Promotion Council (MPOPC) today saidthat the differential duty structure imposed by India for crude palm oil(CPO), refined oil and soyabean oil is adversely impacting the palm oilprices of Malaysia.

MARKET DEVELOPMENT  
  27-01-2005

Indonesia oil palm plantation boost for Delloyd

Tuesday January 25, 2005 - THE proposed purchase of an oil palm plantationin Indonesia by motor vehicle parts maker Delloyd Ventures Bhd wasadversely received by investors, its share price closing 22 sen lower atRM2.46 when the stock was re-quoted yesterday.

MARKET DEVELOPMENT  
  27-01-2005

Oil palm research takes off in Colombia

21 January 2005 [BOGOTA] Plans to increase Colombia's share of the globalpalm oil market received a boost last month when the Centre for Oil PalmResearch, Cenipalma, opened its first research station.

MARKET DEVELOPMENT  
  27-01-2005

Trisuria To Implement It Project For Sabah Port

KUALA LUMPUR, Jan 20 (Bernama) -- Tricubes Bhd's associate company,Tricubes Suria Sdn Bhd (Trisuria), has been awarded a RM9.183 millioncontract to implement select software, hardware and services for SabahPort Sdn Bhd's integrated Port Management System project.

MARKET DEVELOPMENT  
  27-01-2005

Vegetable Oil May Be Used As Bio-Fuel

NEW DELHI, Jan 20 (Bernama) -- The potential of using vegetable oils, suchas palm oil and soya oil as bio-fuels is increasing considerably aspetroleum crude prices continue to rule high.

MARKET DEVELOPMENT  
  20-01-2005

Brazil's soybean boom contributing to deforestatio

1/19/2005 Miami Herald - New evidence that the rapid expansion of Brazil'sexport-fuelled agriculture sector is contributing to the deforestation ofthe Amazon rain forest is emerging from a study being finalised by a groupof leading environmental organisations.

MARKET DEVELOPMENT  
  20-01-2005

CB Ind: Two-digit revenue growth if palm oil’s goo

20/1/05 - CB INDUSTRIAL Product Holding Bhd is expecting double-digitgrowth in revenue for its current year ending December 31 2005 if the palmoil industry sustains its good run.

MARKET DEVELOPMENT  
  20-01-2005

Indonesia's PTPN III, Partners To Build Panel Wood

JAKARTA, Jan 18 Asia Pulse - State-owned plantation company PTPN III inMedan said it will build a panel wood plant in cooperation with investorsfrom China and Japan.

MARKET DEVELOPMENT  
  20-01-2005

MARKET TALK

19/1/05Indonesia Palm Oil Lower On Weak Demand(Dow Jones)--Indonesia palm oil prices lower amid sluggish buyinginterest as weak soyoil, excess supply continued to drive prices lower.CPO in Medan was traded lower at IDR3,310/kg vs IDR3,350/kg yesterday."Buyers aren't keen to buy. They see that there's still room for theprices to go lower," says trader in Medan. RBD Olein in Jakarta was tradedlower at IDR3,700/kg. It was offered at IDR3,750/kg yesterday, but notrades were reported.