|
Palm oil stocks expected to climb 15pct in May on increased output
April Palm Oil Exports Up 9.62 pct, CPO Production 21.52 Pct Higher – MPOB
Malaysia deserves to get low-risk status in new EU regulation
Malaysia’s palm oil production up 3.51%
Most Appropriate To Use NGV Given Large Reserves,
KUALA LUMPUR, Oct 19 (Bernama) -- The Federation of MalaysianManufacturers (FMM) said Tuesday the promotion of the use of natural gasvehicles in the transportation system was most appropriate in view thatMalaysia has large reserves of natural gas.
Palm Oil Not Meeting Carotenoid Specs To Be Taxed
NEW DELHI, Oct 19 (Bernama) -- The Indian government has clarified thatimported palm oil consignments not meeting the stipulated minimum 500 mgper kg total carotenoids specification would attract 75 percent basiccustoms duty.
Russia : oil crushers accuse foreign companies of
10/19/2004 14:58 - An informal meeting of the management of Russia'sfive largest oil-crushing corporations has taken place recently inRostov-on-Don, newspaper Kommersant has informed. The meeting participantshave decided to pursue mutually coordinated pricing policies in purchasingsunflower seeds, the sellers of which raised their prices in hope toobtain overprofits.
Steps To Curb Increasing Palm Oil Imports To Sri L
COLOMBO, Oct 18 (Bernama) -- Sri Lanka's Plantation Ministry is planningto impose a tax on all palm oil products in the forthcoming budget in aneffort to curb increasing palm oil imports.
Strategy to counter oil price spiral
PUTRAJAYA, Oct 18 - Malaysia is moving to reduce its dependence on fuel,with no end in sight of the continuing increase in global oil prices.And this new orientation will result in the Government studying how to:
Cabinet panel to study better fuel use
Tuesday October 19, 2004 - PETALING JAYA: The Government will study waysto increase the efficient use of fuel to reduce the country’s dependenceas world oil prices breached another record high of US$55 per barrel.
Indonesia's Sawit Mas Signs US$1.8 BLN Contract
JAKARTA, Oct 18 Asia Pulse - Sawit Mas Group has signed with Procter &Gamble Chemicals a US$1.8 billion oleochemical sales contract, the secondbetween the two sides after one valued at US$200 million signed in Januarythis year.
M'sia To Lessen Crude Oil Dependence
KUALA LUMPUR, Oct 18 (Bernama) -- Prime Minister Datuk Seri Abdullah AhmadBadawi Monday said that the government would look into ways to lessen thecountry's dependence on crude oil and this includes increasing the use ofnatural gas vehicles in public transportation, encouraging the developmentof renewable energy, using palm oil as biofuel and increasing energyefficiency.
Malaysia Cash Palm Oil Dn; Olein Above $400
10/18/04 Oilmandi - Malaysian cash palm oil prices lower in slow trading,but RBD palm olein still above key $400/MT psychological level. Oct RBDpalm olein offered at $420, down $2.5, while Jan olein offered unchangedat $402.50. Prices have held current levels several times this year andhave rebounded, but chances of another recovery not as strong this time,trader in Singapore says; "I'm beginning to doubt whether we can reboundagain because of the external situation. Soyoil is weak and the Dalianexchange in China is also down;" adds slow consumer demand also pressuringprices. (BEL)
