|
Palm oil dips as India import tax concerns counter weak supply outlook
Palm oil production to exceed 19mil mt next year, says analyst
India's palm oil imports plunge as buyers shift to soyoil
Palm oil falls as August inventories rise more than expected
Firm to invest in oil palm plantation
30/6/04 - SAWIT Kinabalu Bhd will spend some RM500 million in 10 years todevelop a 50,000ha oil palm plantation under a proposed joint-ventureproject with Yayasan Sabah.
USDA To Donate Ag Commodities To Bosnia, Herzegovi
Chicago, June 29 (OsterDowJones) - The U.S. Department of AgricultureTuesday announced that it will donate 6,000 metric tons of refinedsunflower seed oil to International Orthodox Christian Charities, Inc.(IOCC), a private voluntary organization, for use in Bosnia andHerzegovina.IOCC will sell 6,000 tons of refined sunflower seed oil in Bosnia andHerzegovina and use the proceeds to provide technical assistance, directloans, improve farm efficiency and competitiveness, and to assist in theformation of agricultural associations.The donation will be made under USDA's Food for Progress program,administered by the Foreign Agricultural Service. The supply period forthis donation is fiscal year 2004.The Food for Progress program provides for USDA donations ofagricultural commodities to needy countries to encourage economic oragricultural reforms that foster free enterprise. This year, USDA expectsto donate almost 600,000 tons of U.S. commodities under Food for Progressusing both CCC funds and transfers from P.L. 480 Title I.
Vanaspati import quota period extended
30/6/04 - THE Indian Government has given a further three-month reprievefor utilisation of the zero-duty one-lakh-tonne (lt) annual vanaspatiimport quota from Nepal for 2003-04.
Malaysia plans to lower palm oil production cost b
6/28/2004 BUSINESS TIMES - MALAYSIA plans to reduce its palm oilproduction cost to remain competitive globally by setting upfully-automated palm oil mills on estates to cut labour cost.
Indian Edible Oil Industry Wants Higher Bound Rate
NEW DELHI, June 25 Asia Pulse - The edible oil industry today demandednegotiations at WTO for increasing the bound rate on soya oil to 45 percent and exclusion of the sector from free (FTAs) and preferential tradeagreements with other countries.
Shippers want consultation before liners review ta
28/6/04 - LOCAL shippers (importers and exporters) are pushing forlegislation that will compel shipping lines to consult and negotiate withthem before any tariff amendments.
Russian investment in oilseeds to allow for signif
6/25/2004 INTERFAX - Investment in Russia's fats and oils complex comesto $250 million annually, deputy chief of the Agriculture Ministry'sfederal agriculture agency Vladimir Kaishev has announced.
China to remain oilseeds importer, newsletter repo
6/23/2004 Agra Europe - China's highly-stretched agriculture sector cannotkeep up with expanding domestic demand for oilseeds and products or grainsand the country will have to continue high imports, Hamburg-basednewsletter Oil World said on Tuesday.
Chumporn Palm Oil Industry plans to double product
Bangkok - June 21, 2004 - MD Chusak Prachayangprecha of Chumporn Palm OilIndustry PCL says the company plans on doubling production capacity tomeet an anticipated increase in demand in markets at home and abroad.