Archived News
08-03-2005
New Palm Oil Plant To Be Built By Indonesia's Sela
JAKARTA, March 7 Asia Pulse - PT Selapan Jaya , which operates oilplantations and palm oil processing plants will build a new palm oil plantwith a processing capacity of 60 tons of fresh fruit bunched an hour.
08-03-2005
Oil palm industry badly hit by labour shortage
Tuesday March 8, 2005 - PETALING JAYA: The slow return of legalIndonesian workers to Malaysia has caused the oil palm industry to loseabout RM60mil a month.
08-03-2005
Vitaoils zeroes in on China
Saturday March 5, 2005 - PALM oil and edible oil products maker MMVitaoils Sdn Bhd (MVSB) plans to make China one of the biggest markets forits liquid cooking oils and solid fat products, including margarine andshortening, by early next year.
07-03-2005
M'sia Will Benefit From US Food Industry Demand Fo
KUALA LUMPUR, March 4 (Bernama) -- Palm oil will continue to make inroadsin the US food industry and this will likely benefit Malaysia, which isthe largest exporter of palm oil to the US, says Dennis Maxfield, ownerand publisher of The Trade News Service, a weekly publication for the fatsand oils industry.
07-03-2005
Biodiesel Demand Can Push Palm Oil Prices Above RM
KUALA LUMPUR, March 4 (Bernama) -- Global demand for biodiesel especiallyfrom the European countries could lead to palm oil prices going aboveRM1,550 per tonne level this year, said chief executive of Malaysian PalmOil Association (MPOA), M.R. Chandran.
07-03-2005
Agroconsult Lowers Brazil's Soy Crop View To 53.1M
3/5/05 - Brazil's 2004-05 soybean crop (October-September) will onlytotal around 53.1 million metric tons because drought has ravaged fieldsacross southern states, local analysts Agroconsult said Friday.
07-03-2005
India To Import Oilseeds To Replace Vegoils
KUALA LUMPUR, March 4 (Bernama) -- India is now looking to importoilseeds, particularly rapeseed and sunseed, to replace vegetable oils, amove which may adversely affect palm oil exports to the country.
07-03-2005
India veg oil imports flat, seed imports possible
Friday March 4, 2:39 PM KUALA LUMPUR (Reuters) - Imports of edible oilsby India, the world's biggest importer, could stay flat at around 4.8million tonnes in 2004/05, but soy oil will gain market share at theexpense of palm oil, a respected industry analyst, Dorab Mistry, said onFriday.
07-03-2005
Malaysia seeks duty cuts on oil export
March 04, 2005 11:00 IST - Malaysia has asked India to lower its duties onvegetable oils and fats, which forms a major chunk of Kuala Lumpur'sexports to the country, to a level comparable of soya oil.Malaysian Plantation Industries and Commodities Minister Peter Chin FahKui said he planned to meet his Indian counterpart to seek clarificationon India's policy on the issue, a media report said on Friday.
07-03-2005
Oil World: Malaysia’s palm oil exports may rise 6.
Saturday March 5, 2005 - Palm oil exports from Malaysia may rise as muchas 6.7% this year because a drop in prices has made the edible oil moreattractive to buyers, Oil World said.
07-03-2005
Palm oil seen range-bound
3/5/05 - IN what could be termed as an unusual unanimity of views,almost all the speakers at the Palm Oil Price Outlook 2005 conference heresaid they expected crude palm oil prices to rule between Malaysia ringgit(MYR) 1,300 and 1,500 a tonne, with the average lying somewherein-between.
07-03-2005
Thai edible oil producer developing premium cookin
3/4/2005 Thai Press Reports - Thai Vegetable Oil, manufacturer of A-ngoonsoybean cooking oil for almost 37 years, is now studying a variety ofnatural ingredients for use in a new premium product targeted athealth-conscious consumers, The Nation reports.