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CPO price forecast to climb for rest of the year
Positive growth for plantation sector, amid rising CPO prices
Global Stearic Acid Prices Climb Amid Palm Oil Shortages and Rising Production Costs
Malaysian palm oil extends losses amid China tariff fears, weak demand
Indon co-operation sought to stabilise CPO price
Wednesday January 12, 2005 - MALAYSIA is keen to seek Indonesia’sco-operation to stabilise the price of crude palm oil in the world marketby managing the supply of the commodity together since both countriesaccount for 85% of the world's production.
BMD Crude Palm Oil Futures Dip On High Stocks, Poo
10/1/05 KUALA LUMPUR (Dow Jones)--Crude palm oil futures on the BursaMalaysia Derivatives ended sharply lower Monday, following the release ofdata showing a rise in inventories at the end of 2004 and other figuressuggesting the potential for further increases in the coming weeks.
Edible oil refinery to be set up at Port Qasim
KARACHI (January 11 2005): An edible oil refinery with 300,000 tonnescapacity will be set up at Port Qasim under a joint venture betweenPakistan and Singapore, and the ground breaking of the project will beperformed shortly. A spokesman of the joint venture company, Waheed WilmarHoldings Private Limited told Business Recorder on Monday that the totalcost of the project was Rs 565.184 million, which would be shared 45percent by the Pakistani investor and 55 percent by the Singapore firmWilmar.
Indian oilseed crop to reach last summer's harvest
BOMBAY (January 11 2005): India's summer oilseeds crop is expected tobounce back and match a year earlier's output, after erratic rains causeda drop in the winter harvest, traders said on Monday. India, which imports40 percent of its annual needs of 11 million tonnes of edible oil, is theworld's fourth-largest vegetable oil producer with an annual turnover ofabout $15 billion.
Pakistan's edible oil imports likely to fall
KARACHI (January 06 2005): Pakistan edible oil imports are likely toremain low in the near-term due to an increased supply of domesticcottonseed, putting pressure on prices in the local market, dealers saidon Wednesday. Pakistan expects output of cottonseed, one of its majorsources of vegetable oil, to hit 580,000 tonnes this season, up from theprevious year's 400,000 tonnes on the back of a bumper cotton crop in the2004/05 (April-February) crop year.
World Demand for Vegetable Oils Has Been Relativel
7/1/05 OIL WORLDOilseeds
BMD Crude Palm Oil Futures End Lower Ahead Of MPOB
7/1/05 KUALA LUMPUR (Dow Jones)--Crude palm oil futures on the BursaMalaysia Derivatives ended slightly lower Friday amid late speculativeselling ahead of the release of a key supply and demand report next week.
Malaysian specialty fats maker develops trans fat-
1/7/2005 Food Ingredient News - Premium Vegetable Oils Sdn Bhd, aMalaysian specialty fats manufacturer, has developed a trans freestructural fat that is suitable as a margarine blend for the manufactureof fatty acid poly- and mono-unsaturated margarines.
Oilseeds stocks to rise, soy prices to decline thr
1/7/2005 - World Commodity Forecasts Food Feedstuffs and Beverages -Stocks of oilseeds will be rising strongly in 2004/05, especially in theUS, where carryover stocks of soybean are estimated at 12.5m tonnes--theirhighest since 1985/86.