PALM NEWS MALAYSIAN PALM OIL BOARD Tuesday, 26 Nov 2024

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MARKET DEVELOPMENT  
  02-07-2003

Oil palm replanting initiative continues

KUALA LUMPUR, June 26 (Bernama) -- The incentive scheme for oil palmreplanting has been continued effective last month with assistance ofRM500 per hectare, Primary Industries Minister Datuk Seri Dr Lim KengYaik, said here today.

MARKET DEVELOPMENT  
  02-07-2003

Asian oils: China hungry for cooking oil, India qu

KUALA LUMPUR (June 25 2003) : China is actively seeking RBD palm olein toreplenish stocks and prevent further rises in domestic prices, traderssaid on Tuesday.

MARKET DEVELOPMENT  
  02-07-2003

EU to become net rapeseed importer

HAMBURG (June 25 2003) : The European Union will become a net rapeseedimporter in 2003-04 as its rapeseed crop is forecast to fall to 9.30million tonnes from 9.34 million in the previous season, Hamburg-basednewsletter Oil World said.

MARKET DEVELOPMENT  
  02-07-2003

Indonesia sees palm oil output at 9.5 million tons

JAKARTA (June 24 2003) : Indonesia, the world's second- largest palm oilgrower, expects to produce 9.5 million tonnes in 2003, up 100,000 tonnesfrom last year, the Indonesian Palm Oil Commission said on Monday.

MARKET DEVELOPMENT  
  02-07-2003

Pakistan palm oil imports slow

ISLAMABAD (June 25 2003) : Pakistan palm oil trade has been slow in thepast week and a downtrend in international prices could keep the marketunder pressure, traders said on Tuesday.

MARKET DEVELOPMENT  
  24-06-2003

Bhaskar To Set Up Plants To Refine M'sian, Indon C

COLOMBO, June 23 (Bernama) - An Indian company, the Bhaskar Group, plansto set up two plants in Sri Lanka for processing and exporting palm oiland edible oils at a total cost of around 2.5 billion rupees (US$26million), using refined crude palm oil imported from Malaysia andIndonesia.

MARKET DEVELOPMENT  
  24-06-2003

Counter-trade for dam project still on

Tuesday, June 24 2003 - THE Government denied yesterday rumours that aplan to partly pay for the construction of the Bakun Dam project in palmoil had been scrapped.

MARKET DEVELOPMENT  
  24-06-2003

Guthrie may list Indon subsidiary earlier than 200

Tuesday, June 24 2003 - DIVERSIFIED Kumpulan Guthrie Bhd may list PTMinamas Plantations on the Jakarta Stock Exchange sooner than 2005 tocapitalise on the Indonesian subsidiary’s good performance.

MARKET DEVELOPMENT  
  24-06-2003

Guthrie taking steps to meet European standard

Tuesday, June 24 2003 - KUMPULAN Guthrie Bhd has initiated measures tomake its palm oil-based byproducts acceptable in European hypermarkets.

MARKET DEVELOPMENT  
  24-06-2003

Kulim goes downstream

Tuesday, June 24 2003 - KULIM (M) Bhd, fresh from acquiring twosubsidiaries of its parent company Johor Corp, aims to stamp its mark inthe lucrative oleochemical industry by going further downstream.

MARKET DEVELOPMENT  
  24-06-2003

Nation can be net pulp and paper exporter

Tuesday, June 24 2003 - MALAYSIA, which imports RM2.9 billion a year ofpulp and paper, has the potential to become a net exporter by 2008.

MARKET DEVELOPMENT  
  24-06-2003

Palm oil-for-rail deal with China still on track

Tuesday, June 24 2003 - CHINA Railway Engineering Corp (CREC) is stillinterested in getting paid in palm oil for double-tracking works on thesouthern railway grid, and has not pulled out of the billion-ringgit deal.