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Malaysia welcomes US tariff cut on palm oil, eyes RM21b in exports but warns against overreliance on single market
MPOB: Malaysia urged to diversify palm oil markets amid US tariffs
Palm Oil demand from China and India expected to rise as prices become competitive, says MPOC
Crude palm oil's discount to soybean likely until 3Q, may spur Indian demand — analysts
US Agricultural Research Service Unveils Online Nu
2/8/2005 (Telecomworldwire) - A new online database called "What's inthe Foods You Eat - Search Tool" has been unveiled by scientists from theUS Agricultural Research Service (ARS).
US Group Sees Red In Rising Popularity Of Palm Oil
1/8/05 KUALA LUMPUR (Dow Jones)--Palm oil's nascent advancement into thesoyoil-dominated U.S food market has stirred up renewed friction betweensome U.S. consumer rights activists and the palm oil industry, reviving awar of words that was prevalent some two decades ago.
Indonesian Gov't Urged To Establish Special Oil Pl
JAKARTA, July 26 Asia Pulse - The government has been urged to establishoil plantations to supply crude palm oil to be processed into biodieseloil as an alternative fuel.
Indonesian Palm Oil To Gain Little From MYR Change
Wednesday July 27, 2005, 4:53 pm - JAKARTA (Dow Jones)--Malaysia'srecent move to let its currency appreciate against the U.S. dollar ispositive for Indonesian palm oil producers in general, but lingeringinfrastructure and productivity bottlenecks will prevent the gains fromfully trickling down, trade participants said Wednesday.Poor infrastructure, which prevents efficient movement of crude palm oilproduced in interior provinces, and low productivity in Indonesianplantations will mostly negate the advantages from a stronger ringgit thathas made Malaysian palm oil less competitive in the international market,he said."It won't have much impact on our exports, unless we can solve thoseproblems," said Benny Tjoeng, vice president of major CPO producer PTAstra Agro Lestari.
JPMorgan: Palm oil prices still on uptrend
July 27 2005 - ALTHOUGH the scrapping of the ringgit peg has hurt theplantations sector slightly, it can overcome the temporary setback thanksto strong global demand, low production and a slow harvest in palm oil’srival.
MPOB: Palm oil output may hit 14.9 million tonnes
Wednesday July 27, 2005 - MALAYSIA may produce 14.9 million tonnes ofpalm oil this year, Malaysian Palm Oil Association (MPOA) chief executiveAziz Meor Ngah said in an interview.
Thai City Gears Up to be Center of Country's Palm
7/26/2005 Thai Press Reports - Being the no.1 palm oil producer insouthern Thailand, Krabi is positioning itself towards a city of palm oilin response to biodisel promotion and demand.
Malaysia, Indonesia to Sign Commodity Cooperation
7/25/2005 (Business Times) - MALAYSIA and Indonesia will soon sign a pacton commodity cooperation primarily to work together, ensure pricestability and eliminate under-cutting between the two countries.
Food makers back plans to smooth palm oil supplies
7/21/2005 - Palm oil is now second only to soybean oil in terms of globaldemand, accounting for 28 per cent of total edible oil sales.
