Archived News
12-07-2003
China may take breather, palm oil volatile
KUALA LUMPUR (July 09 2003) : China, a key buyer of Malaysian palm oil,has bought enough cooking oil to meet July and August demand, and ishoping for weaker palm oil prices before buying more, traders said onTuesday.
12-07-2003
Pakistan palm oil imports slow
ISLAMABAD (July 11 2003) : The Pakistani palm oil market was slow in thelast week and importers were reluctant to place fresh orders given highinternational prices and higher stocks locally, dealers said on Wednesday.
12-07-2003
World Bank lends $26m to Indonesian palm oil compa
7/9/2003 The Jakarta Post - The International Finance Corporation (IFC),the investment arm of the World Bank, has agreed to provide US$26 millionin loans to two Indonesian palm oil plantation companies.
07-07-2003
Asian oils: freight rates steady, eyes on India de
KUALA LUMPUR (July 03 2003) : Palm oil freight rates to key consumers inAsia are likely to hold steady this month due to firm demand, especiallyfrom the world's largest edible oil consumer India, brokers said onWednesday.
07-07-2003
Huge canola crop shocks Canadian grain trade
WINNIPEG (June 27 2003) : Buoyed by last-minute rains before seeding andmemories of surging canola prices last fall, Canadian farmers boostedplantings of the oilseed by 21 percent, a report showed on Thursday,catching grain traders off guard.
07-07-2003
IJMP Plans To Expand Land Bank To 40,000 Hectares
KUALA LUMPUR, July 2 (Bernama) -- IJM Plantation Bhd (IJMP) plans toexpand its existing 29,000ha of land bank to 40,000ha in the near future,its managing director, Velayuthan Tan, said at the company's listing onthe Kuala Lumpur Stock Exchange (KLSE) Main Board Wednesday.
07-07-2003
Kulim unit to double output of soap noodles
Monday, July 02 2003 - KULIM (M) Bhd’s subsidiary Natural OleochemicalsSdn Bhd will double its annual soap noodle output to 90,000 tonnes byyear-end.
07-07-2003
M'sia Hopes To Sign Agreement With Russia On Palm
IPOH, July 6 (Bernama) -- The Primary Industries Ministry hopes to sign anagreement on palm oil exports during Russian President Vladimir Putin'svisit to Malaysia on Tuesday.
07-07-2003
Malaysia Bags Three Trophies In Asean Energy Award
LANGKAWI, July 4 (Bernama) -- Malaysia bagged three trophies at the AseanEnergy Awards 2003 Thursday night in conjunction with the 21st AseanMinisters on Energy Meeting (Amem).
07-07-2003
Malaysia third-quarter palm export seen up
KUALA LUMPUR (July 02 2003) : Malaysia's third-quarter palm oil shipmentscould show growth of as much as 21 percent on a year earlier due to hugelydiscounted prices against soyoil, industry sources said on Tuesday.
07-07-2003
Minister urged to help set up palm oil research st
KARACHI (July 04 2003) : A joint delegation of Pakistan Coconut and OilPalm Plantation Society (PCOPS) and Pakistan Vanaspati ManufacturersAssociation (PVMA) met with Provincial Minister for Food and Agriculture,Sindh Arif Mustafa Jatoi, in his office, a press release said on Thursday.
07-07-2003
Pakistan edible oil imports seen slow, stocks high
KARACHI (July 02 2003) : Pakistani palm oil importers were likely toremain sidelined in July due to ample stocks in the local market and morethan 50,000 tonnes of supplies in transit, traders said on Tuesday.