Archived News
26-02-2004
Add value to palm oil to increase sales: Dr Lim
February 20 2004 - MALAYSIAN palm oil industry can increase the sales ofthe commodity by adding value to the product rather than selling it inbulk.
26-02-2004
Birla Group To Exit From Rubber Business In Malays
NEW DELHI, Feb 25 (Bernama) -- A.V. Birla Group of India is planning toexit from the rubber business in Malaysia, says a report in the financialdaily, the Economic Times, quoting senior Birla group executives.
26-02-2004
CPO futures almost touch RM2,000 mark
February 25 2004 - MALAYSIA’S crude palm oil (CPO) futures prices cameclose to touching the RM2,000 mark at midday yesterday but lost its steamat the end due to profit-taking activities.
26-02-2004
Crude Palm Oil Price In Jakarta Hits Record High
JAKARTA, Feb 25 Asia Pulse - The price of crude palm oil (CPO) in Jakartahit a record high of US$550 per ton in an auction on Tuesday. DahlanSurbakti, an official of the joint marketing office of state plantationcompanies, said reports of falling CPO supply from Malaysia and a scarcityin soybean supply to the international market triggered a surge in theprice. Surbakti said the soybean oil supply declined as a result of a longdrought in Argentina and Brazil. Malaysia and Indonesia are the largestand second largest producers of CPO in the world, respectively. (ANTARA)
26-02-2004
FPKO has potential to woo at least 7 firms
February 21 2004 - MALAYSIA’S latest palm oil-related derivatives have thepotential to attract at least seven strong market makers to strengthen thenew hedging tool’s liquidity.
24-02-2004
India's Edible Oil Imports Fall By 8% In Nov-Oct
NEW DELHI, Feb 17 Asia Pulse - With a bumper oilseeds crop of around235,00,000 tonnes in the offing, India's edible oil imports have reportedan 8 per cent fall to 9,41,000 tonnes in November-October period from8,69,000 tonnes in the same period last year.
24-02-2004
More Firms Must Participate In New CPKO Market: Dr
KUALA LUMPUR, Feb 20 (Bernama) -- Primary Industries Minister Datuk SeriDr Lim Keng Yaik says he is pushing for more palm oil-based companiesespecially market makers to participate in the new Crude Palm Kernel Oil(CPKO) futures contract launched here Friday.
24-02-2004
Opportunities For Malaysian Businessmen In Banglad
DHAKA, Feb 18 (Bernama) -- Penang's Deputy Chief Minister Datuk Dr Hilmibin Yahya described his four-day visit to Bangladesh as fruitful and saidit would contribute positively to enhancing economic cooperation betweenthe two countries.
20-02-2004
Add value to palm oil to increase sales: Dr Lim
February 20 2004 - MALAYSIAN palm oil industry can increase the sales ofthe commodity by adding value to the product rather than selling it inbulk.
20-02-2004
Lim: Palm Oil Producers Urged To Form Consortium T
KUALA LUMPUR, Feb 19 (Bernama) -- Minister of Primary Industries, DatukSeri Dr Lim Keng Yaik urged palm oil producers to form a strong consortiumto "control" crude palm oil (CPO) prices in overseas market.
20-02-2004
Market makers secured for palm kernel oil futures
February 19 2004 - MALAYSIA Derivatives Exchange Bhd (MDEX) has securedfour big players in the palm oil industry as market makers for its palmkernel oil futures to be launched this Friday.
20-02-2004
Smallholders’ income rides on high prices
February 19 2004 - MALAYSIA’S more than 100,000 oil palm smallholders haveseen their income increase following strong crude palm oil (CPO) prices oflate.