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MARKET DEVELOPMENT  
  25-08-2003

Indonesia's new palm oil body defends itself

KUALA LUMPUR (August 23 2003) : The newly formed Indonesian Palm OilCommission, defending itself against criticism, said on Friday it had theexpertise needed to provide credible crop and export data.

MARKET DEVELOPMENT  
  25-08-2003

Intellectual Capability Vital To Ensuring Palm Oil

PUTRAJAYA, Aug 25 (Bernama) -- Having the intellectual capability or being"street smart" will be critical in positioning the palm oil industry as apowerhouse in the oils and fats economy as the way ahead is full ofchallenges, Malaysia Palm Oil Association's (MPOA) chairman Datuk AbdulKhalid Ibrahim said Monday.

MARKET DEVELOPMENT  
  25-08-2003

Iran A Promising Market, Says MPOPC Ceo

PUTRAJAYA, Aug 25 (Bernama) -- The Malaysian Palm Oil Promotion Council(MPOPC) regards Iran as a very promising market for the Malaysian palmoil, its chief executive officer Datuk Haron Siraj said today.

MARKET DEVELOPMENT  
  25-08-2003

Keng Yaik Confident CPO Prices Will Remain At Favo

PUTRAJAYA, Aug 25 (Bernama) -- Primary Industries Minister Datuk Seri DrLim Keng Yaik is confident that the prices of crude palm oil will remainat current favourable levels towards end of the year.

MARKET DEVELOPMENT  
  25-08-2003

Malaysia Seeks To Enhance Cooperation With Indones

PUTRAJAYA, Aug 25 (Bernama) -- Malaysia on Monday called for bettercooperation with Indonesia on palm oil for their mutual benefit in theindustry as both are the largest producers of palm oil in the world.

MARKET DEVELOPMENT  
  25-08-2003

Oil World cuts global rapeseed crop estimate

HAMBURG (August 20 2003) : The global 2003/04 rapeseed crop will be muchsmaller than expected at 36.28 million tonnes, up 3.8 million tonnes fromlast season, Hamburg-based newsletter Oil World said.

MARKET DEVELOPMENT  
  25-08-2003

Palm oil prices expected to stay firm on strong de

22/8/2003 - PALM oil prices are expected to hover above RM1,300 a tonneuntil year-end as a result of strong demand from Europe and India.

MARKET DEVELOPMENT  
  25-08-2003

PIPOC Sees A Smooth Take Off

PUTRAJAYA, Aug 25 (Bernama) -- The five-day biennial International PalmOil Congress (PIPOC) 2003 at Putrajaya Marriot Hotel would officially takeoff this morning with a key note address by Primary Industries MinisterDatuk Seri Dr Lim Keng Yaik.

MARKET DEVELOPMENT  
  25-08-2003

Plan to forge common stand on sustainability

22/8/2003 - PALM oil producers, buyers and non-governmental organisationsare working towards establishing a common stand in promoting thesustainable production of palm oil.

MARKET DEVELOPMENT  
  25-08-2003

Pledge to establish common sustainable production

August 23 2003 - INTERNATIONAL palm oil players consisting of producers,buyers and non-governmental organisations (NGOs) have pledged theircooperation towards establishing a common stand in promoting sustainableproduction of palm oil.

MARKET DEVELOPMENT  
  25-08-2003

Record Turnout At This Year's Palm Oil Congress

KUALA LUMPUR, Aug 22 (Bernama) - A record number of 1,430 participantsfrom 45 countries have signed up for the five-day biennial InternationalPalm Oil Congress (PIPOC) 2003 to be held in Putrajaya for the first timebeginning Sunday.

MARKET DEVELOPMENT  
  25-08-2003

Scheme of palm tree plantation fails to cut vegeta

KARACHI (August 20 2003) : The scheme of palm tree plantation launchedrecently to reduce the burden of heavy imports of palm and other edibleoils has practically failed to reduce the vegetable oil import bill.