Archived News
12-06-2003
China buys large quantities of soyaoil due to high
HONG KONG (June 10 2003) : China has bought large quantities of soyaoildue to high domestic vegetable oils prices while a few soyabean cargoesare stranded at ports amid worries Beijing is trying to curb bean imports,traders said on Monday.
12-06-2003
Ghee makers get triple relief: will consumers bene
KARACHI (June 08 2003) : Three incentives have been provided to vegetableghee industry in the national budget for 2003-04, and market sources areof the view that ghee makers would pass on the benefit of these incentivesto the consumers.
12-06-2003
India expected to purchase more Malaysian palm oil
Thursday, June 12 2003 - INDIA is expected to buy more palm oil fromMalaysia in the next few months as its crop output dropped because of adeadly heatwave that has killed more than 1,000 people and dried upplantations.
12-06-2003
Malaysian palm oil exports rise
KUALA LUMPUR (June 11 2003) : Some traders believed Malaysia's palm oilexports for the whole of June could fall to 800,000 tonnes, from 1.08million tonnes in May, because main buyers like India and China are wellcovered.
12-06-2003
MTrans In Monorail Joint Venture Talks In UAE
DUBAI, June 10 (Bernama) -- Malaysia's MTrans Holdings and an unnamedbusiness group in the United Arab Emirates (UAE) are discussing a jointventure to set up a manufacturing facility for monorail and public busesin the UAE.
12-06-2003
Oil seeds exempted from duty
ISLAMABAD (June 08 2003) : The government has slashed custom duty on crudepalm oil from Rs 9500 per MT to 9000 per MT, while oil seeds have been.
09-06-2003
Indian oilseed output to rebound in 2003: USDA Att
WASHINGTON (June 07 2003) : The US Agriculture Department's attache in NewDelhi released the following report, dated May 29, on the production ofoilseeds in India. Attache reports are not official USDA data.
09-06-2003
Coconut and oil palm plantation progress reviewed
KARACHI (June 06 2003) : A meeting of the Task Force Committee was held toreview the progress made in respect of decisions taken in its earlier fourmeetings regarding enhanced production of coconut and oil palm plantationin the coastal belt of Sindh.
09-06-2003
Expand Into Palm Oil Downstream Industry - Musa
TAWAU, June 8 (Bernama) -- Palm oil mills in Sabah should expand into thecommodity's downstream industries to diversify their revenue source, saidChief Minister Datuk Musa Aman.
09-06-2003
M'sia Wants Poland To Review Duties On Palm Oil
KUALA LUMPUR, June 3 (Bernama) -- Malaysia wants Poland to review theduties on the country's palm oil so that it will be at par with Indonesianpalm oil, Primary Industries Deputy Minister Datuk Anifah Aman said.
09-06-2003
Oil Palm Usage Can Reduce World's Dependence On Ti
KUALA LUMPUR, June 5 (Bernama) -- The increased usage of oil palm canreduce the world's dependence on forest-based timber and fibre, more sogiven the existing potential to convert oil palm biomass into alternativefibre materials, Primary Industries Minister Datuk Seri Dr Lim Keng Yaiksaid.
09-06-2003
Two Malaysian Companies To Invest In India In Bulk
NEW DELHI, June 5 (Bernama) -- Two Malaysian companies will invest inIndia for carrying on the business of bulk import of RBD palmolein and tomarket it.