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Malaysia's palm oil stocks hit 8-month high in May as output jumps
FGV may see earnings fall over 50pct annually from expanded SST
CIMB: India's duty cut, low stocks seen boosting Malaysian palm oil exports
Palm Oil Market Set for Strong Growth to USD 106.5 Billion by 2032 Amid Rising Sustainability Focus
Ecofuture to invest RM30mil in pulp production pla
Sunday December 19, 2004 KUALA LUMPUR: Ecofuture Bhd, an oil palm biomasstechnologist firm, is expected to invest RM30mil to set up a pulpproduction facility using oil palm biomass in Segamat, Johor.
Keng Yaik Wants More Products To Be Produced From
KUALA LUMPUR, Dec 17 (Bernama) -- Local industries processing fibre fromempty fruit bunches (EFBs) of oil palms should not only produce Ecomat, abio-degradable mulching and soil erosion geotextile mat, but also otherproducts, said the Minister of Energy, Water and Communications, DatukSeri Dr Lim Keng Yaik, Friday.
Malaysia PM arrives
New Delhi, Dec 19 : Malaysian Prime Minister Abdullah Ahmad Badawi arrivedin New Delhi today for a five-day visit.
OUTLOOK 05: Palm Oil Mkt Eyes On Currencies, Crude
Friday December 17, 12:00 PM KUALA LUMPUR (Dow Jones)--Foreign exchangerates and crude oil prices, issues not normally associated with palm oil,may emerge as major influences on a market that otherwise appears set fora bearish year in 2005.
Report On Bio-diesel As Alternative Source Of Ener
KUALA LUMPUR, Dec 18 (Bernama) -- The ministry of plantation industriesand commodities is due to submit a report on the possible use ofbio-diesel as an alternative fuel source, its minister Datuk Peter ChinFah Kui said.
Sarawak To Protect Arowana Breeding Ground
MUKAH, Dec 17 (Bernama) -- The Kenyana river here will be designated as abreeding ground for the highly prized Arowana fish, state Minister ofEnvironment and Public Health Datuk Michael Manyin said.
Stocks up on seasonally lower exports
Saturday December 18, 2004By Mayban ResearchCPO production declined 7.5% from 1.36 million tonnes in October 2004 to1.26 million tonnes in November 2004. Nevertheless, stockpile of CPO (+4%)and palm kernel (+13.6%) increased due to the seasonally lower exports(-6.1% during the month). Palm oil production headed for a seasonaldecline in October after production peaked in the month of September.
Attracting investors to Indonesia
Wednesday December 15, 2004 - AN EFFECTIVE way to discourage Indonesiansfrom looking for work overseas is for the republic to provide them withmore job opportunities. On its own, it does not have the means to do so.
Brazil 04-05 Soy Crop Seen 28.5% Higher On Yr At 6
16/12/04 SAO PAULO (Dow Jones)--Brazil's 2004-05 soybean crop(October-September) will total 63.24 million metric tons, 28.5% higherthan the 49.20 million tons produced last year, the Brazilian CensusBureau, or IBGE, said Thursday.The second estimate for the current crop was slightly higher than the63.09 million tons forecast in November. The figure is lower than the 61.4million tons estimated by the Agriculture Ministry Tuesday, but lower thanthe U.S. Department of Agriculture figure of 64.5 million tons.Despite low prices and rising production costs, the bureau detected a6% increase in planted area to 22.8 million hectares.Area is growing because of the lack of other options, IBGE said in itsmonthly report. The main alternative crop, corn, has similarly low pricesand high costs but isn't as easy to sell.Summer corn production is expected to rise just 3.3% to 32.11 milliontons from 31.07 million tons last year.Summer-crop corn planted area is actually seen falling 1.2% to 8.96million hectares this year, but average yields are seen rising 4.5% to2,779 kg per hectare as corn recovers from a drought-affected 2004 crop.Brazil's grain, oilseed and cereal crop is expected to total 134.0million tons this season, up from 119.2 million tons last year.
