Archived News
24-07-2003
Pakistan's palm oil traders hold orders
KARACHI (July 23 2003) : Pakistan's palm oil market was sluggish in thepast week as importers said their positions for the month were alreadycovered and they wanted world prices to settle down before placing neworders.
16-07-2003
Analysts see lower, weather-hit EU oilseeds crop
PARIS (July 12 2003) : Extreme weather conditions - humidity in theautumn, frost and then dry weather in the spring - are likely to lead to aslump in oilseed yields this year which could cancel out a rise in area,analysts said on Friday.
16-07-2003
Asian oils: palm oil choppy, refiners seen holding
KUALA LUMPUR (July 15 2003) : The Malaysian Palm Oil Board (MPOB) said onSaturday the country's crude palm oil output rose 3.8 percent to 1.22million tonnes in June from a month.
16-07-2003
China to sell soyabean reserves
BEIJING (July 15 2003) : China's powerful National Development and ReformCommission said on Monday it would sell 800,000 tonnes of soyabeans fromstate reserves to meet huge demand in the domestic crushing industry.
16-07-2003
DR M: M'sia Hopes Ukraine Provides Distribution Ce
KIEV (Ukraine), July 15 (Bernama) -- Prime Minister Datuk Seri Dr MahathirMohamad has expressed Malaysia's hope that Ukraine could provide adistribution centre for Malaysian palm oil and other products for the EastEuropean market.
16-07-2003
Indian vegoil imports to rise
BOMBAY (July 16 2003) : Edible oil imports by India, the world's largestbuyer, are expected to rise 15 percent in the quarter ending Septemberfrom a year because domestic supplies have fallen, traders said onTuesday.
16-07-2003
SKB gets offer to set up oil palm refinery in Chin
July 15 2003 - SAWIT Kinabalu Bhd (SKB) has received an offer to set up anoil palm refinery and bulking installation plant in China.
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.