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KLK in JV to manufacture, sell and market palm oil
Palm continues gains on supply concerns, strong Indian demand
Palm oil prices seen at about 4,000 ringgit a ton in 2025, says Glenauk Economics
Call to revise palm oil windfall tax
Indonesia's CPO Exports To India To Fall 20% This
06/09/04 JAKARTA (Dow Jones)--Indonesia's exports of crude palm oil toIndia are set to fall 20% this year, due to strict import rules, theIndonesian Palm Oil Producers association said Monday.
Palmis: Malaysia Aug Palm Oil Output At 1.31M MT -
06/09/04 KUALA LUMPUR (Dow Jones)--Private surveyor Palmis ManagementBhd. Monday estimated Malaysia's August crude palm oil output at 1.31million metric tons, up from the 1.27 million tons produced in July,traders familiar with the latest Palmis report said.According to traders who obtained the data, Palmis estimated Augustpalm oil exports at 1.20 million tons, up from 1.11 million tons in July.Palmis pegged end-August stocks at 1.305 million tons, up slightlyfrom 1.27 million tons at end-July, traders said.Palmis is the only private palm oil crop forecaster in Malaysia, andits production, export and stock forecasts are closely watched by themarket.Traders said the figures were considered friendly, as the rise instocks in August wasn't as large as feared."There's quite a big drop in the stocks number compared to (Palmis')previous report," a trader said.In its previous report, Palmis had estimated end-August stocks around1.37 million to 1.38 million tons, traders said.Traders said the large reduction in stocks is likely to boostsentiment and lift palm oil prices in the afternoon session.The benchmark November CPO contract ended the morning session at 1,495ringgit ($1=MYR3.8) a metric ton, up MYR4 from Friday.They said the benchmark contract is likely to end the day above theMYR1,500 psychological level.Official August supply and demand figures are due to be issued by theMalaysian Palm Oil Board Sept. 13.The decline in Palmis' stocks forecast was mainly due to strongexports in August, traders said.Last week, cargo surveyors Intertek Testing Services and SGS(Malaysia) Bhd had also reported August Malaysian palm oil exports around1.2 million tons.
Indonesia in a haze from 1,100 fires
Saturday September 4, 05:55 PM (INDONESIA) - More than 1,100 forest firesburning in central Indonesia have enveloped the region in a choking hazethat's reduced air quality and delayed flights, officials said.
USDA Attache: India's '03 Soybean Oil Imports Seen
3/9/04 CEDAR FALLS, Iowa (Dow Jones)--India's soybean oil imports inMY 2003 are estimated lower at 750,000 metric tons, due to higher pricescoupled with high shipping costs, according to information from the U.S.Department of Agriculture's Foreign Agricultural Service web site, datedAug. 31 andreleased Friday.
Below-Normal Rains May Limit Palm Oil Yields In Ma
9/2/04 (Oilmandi) - Palm oil yields may be reduced from what theyotherwise would have been in late 2004 and early 2005 as rainfall inMalaysian palm oil regions was below normal during January-June 2004.
Indonesia Seeks Cut In China's Import Duty On Its
JAKARTA, Sept 1 Asia Pulse - Industry and Trade Minister Rini M.S.Soewandi will seek to talk to Chinese counterpart Bo Xilai to request fora reduction in the import duty on Indonesian stearic acid to 10 per centfrom the current 16 per cent.
Indonesian, Chinese Cos To Build Fertilizer, Plywo
JAKARTA, Sept 2 Asia Pulse - State-owned plantation company PT PerkebunanNusantara (PTPN) III and PT Surya Bumi Agro Langgeng have signed anagreement with China's Guangcai Jing Xu Ltd Co. of Beijing to buildfertilizer and particle board factories in Indonesia.
M'sian Green Technology For 2008 Beijing Olympics
KUALA LUMPUR, Sept 2 (Bernama) -- Oil palm mat, a locally developedinnovation to prevent soil erosion, may be making an environmental impactin Beijing when the Chinese capital plays host to the Olympic Games in2008.
Thailand signs pact for biodiesel feasibility stud
9/1/2004 THE NATION (THAILAND) - Palm growers are set to benefit from thegovernment's latest biofuel promotion scheme, which will need to buy palmoil for the production of biodiesel.