|
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
Global vegetable oil production continues to grow
USDA report on oilseed export
CHICAGO (April 17 2003) : The US Commerce Department has revised upwardits US 2002 and January 2003 soyabean export estimates to China by a totalof about 27.4 million bushels to reflect stronger sales than previouslyreported, a department aide said on Tuesday.
Europe sees ample palm oil stocks, India uncertain
KUALA LUMPUR (April 16 2003) : European palm oil consumers arewell-covered through September, putting more pressure on main producerMalaysia already shaken by poor exports, traders said on Tuesday.
Malaysian Palm Oil Market Talk
KUALA LUMPUR (April 16 2003) : "People are talking about risingproduction in coming months and prospects of stocks reaching one milliontonnes at the end of April," said one dealer.
Pakistan palm oil imports down as market eyes pric
KARACHI (April 16 2003) : Pakistan's palm oil market remained mixed overthe past week and importers hesitated to place fresh orders, preferring towait for world prices to settle down, dealers said on Tuesday.
Russia may scrap five percent soyabean tariff
MOSCOW (April 16 2003) : The Russian government may scrap a five percentimport tariff on soyabeans to stimulate domestic processing, a spokesmanfor the Economic Development and Trade Ministry said on Tuesday.
US soyabean prices may fall in near term: Oil Worl
HAMBURG (April 16 2003) : US soyabean futures prices could be vulnerableto short term falls despite the new contract highs reached last week,Hamburg-based newsletter Oil World said.
Brazilian soya output seen passing US before end-d
SAO PAULO (April 11 2003) : Brazil will likely surpass the United Statesas the No 1 producer of soyabeans before the end of this decade underpresent market conditions, soya analysts said on Wednesday.
European institutes forecast weak wheat, soya pric
HAMBURG (April 11 2003) : Weaker global wheat and soyabean prices thisyear were forecast on Thursday by the AIECE European working group oncommodity prices.
Indonesian palm oil stocks reach at crucial level
JAKARTA (April 11 2003) : Indonesia's palm oil stocks are at a criticallevel due to higher usage and healthy demand from India and China, traderssaid on Thursday.