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CPO prices forecast to dip amidst surplus soybean supply
Bullish outlook seen for Malaysian crude palm oil futures
Sunflower Processing in Ukraine Hits Three-Month High, Exports Drive Growth across the global market
IOI Corp CEO: Palm oil production to normalise by June, offering relief to CPO prices
Health care
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MARKET TALK: India Oilseeds Sowing Up; Negative Fo
25/11/04 (Dow Jones)--India oilseeds sowing 6.7 million hectares duringNov. 1-22 period, up from 6.6 million year ago; if sowing for entireseason (until January) higher than last year, oilseeds production likelyto rise, which is bearish for palm oil prices in longer term, traders say.
MARKET TALK: SE Asia Rains Continue; Good For CPO
25/11/04 (Dow Jones)--Weather conditions remain favorable for palm oilcrops, with showers, thunderstorms reported yesterday in Indonesia,Malaysia, says Meteorlogix. More rains expected today before diminishingovernight. Temperatures near normal.
MPOA CPO Output Estimate Within Expectations
25/11/04 (Dow Jones)--MPOA 2005 crude palm oil production estimate notsurprising; market already expecting limited growth in Malaysia palm oiloutput due to limited land expansion, cyclical factors. But positiveimpact from slow growth likely offset by Indonesian output, which isexpected to be strong in 2005, traders say. MPOA pegging 2004 CPO outputat 13.55 million tons, 2005 output at 13.80 million to 13.85 million tons.
Oilseeds output to drop 5.6% on poor rains
MUMBAI, HYDERABAD, NOV 22: The production of nine major oilseeds in theoil year 2004-05 (November-October) is estimated to be 5.6% lower at 131.5lakh tonne as opposed to 138.9 lakh tonne a year ago, the CentralOrganisation for Oil Industry and Trade (COOIT) said late Sunday after the42nd All India Convention of Oilseeds, Oil Trade & Industry held atHyderabad.
PPB buying stake in Indon oil palm firm
Friday November 26, 2004 - PPB Oil Palms Bhd has agreed to acquire a 65%stake in Indonesian oil palm company PT Karunia Kencana Permaisejati forRM650mil.
RUSSIAN FIGHTERS FOR INDONESIAN PALM OIL
MOSCOW, November 25 (RIA Novosti) - Russia could sell eight Su-30 fightersto Indonesia before the end of the year. The $250 million contract will bepaid for mostly in commodities like palm oil.
Ecofuture targets fibrous mat at Mid-East market
Wednesday November 24, 2004 - FRESH from making inroads into China,Ecofuture Bhd is eyeing the Middle East as the next major market for itsEcomat, a fibrous mat made from oil palm residue for use in soil erosionprevention and in combating desert and sand storms.
Malaysia's Glenealy Books Higher Q1 Group Pre-Tax
KUALA LUMPUR, Nov 17 Asia Pulse - Glenealy Plantations (Malaya) Berhadhas booked group pre-tax profit of RM10.848 million (US$2.9 million) forits first quarter ended 30 September 2004, up 18 per cent year-on-yearthanks to to higher fresh fruit bunch yields.