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CPO price forecast to climb for rest of the year
CPO FUTURES HIT TWO-YEAR HIGH ON BULLISH SENTIMENT, STRONG EXPORTS
CPO price strength could dissipate through end-2024, says BMI
Positive growth for plantation sector, amid rising CPO prices
Indonesia sees palm oil output at 9.5 million tons
JAKARTA (June 24 2003) : Indonesia, the world's second- largest palm oilgrower, expects to produce 9.5 million tonnes in 2003, up 100,000 tonnesfrom last year, the Indonesian Palm Oil Commission said on Monday.
Pakistan palm oil imports slow
ISLAMABAD (June 25 2003) : Pakistan palm oil trade has been slow in thepast week and a downtrend in international prices could keep the marketunder pressure, traders said on Tuesday.
Bhaskar To Set Up Plants To Refine M'sian, Indon C
COLOMBO, June 23 (Bernama) - An Indian company, the Bhaskar Group, plansto set up two plants in Sri Lanka for processing and exporting palm oiland edible oils at a total cost of around 2.5 billion rupees (US$26million), using refined crude palm oil imported from Malaysia andIndonesia.
Counter-trade for dam project still on
Tuesday, June 24 2003 - THE Government denied yesterday rumours that aplan to partly pay for the construction of the Bakun Dam project in palmoil had been scrapped.
Guthrie may list Indon subsidiary earlier than 200
Tuesday, June 24 2003 - DIVERSIFIED Kumpulan Guthrie Bhd may list PTMinamas Plantations on the Jakarta Stock Exchange sooner than 2005 tocapitalise on the Indonesian subsidiary’s good performance.
Guthrie taking steps to meet European standard
Tuesday, June 24 2003 - KUMPULAN Guthrie Bhd has initiated measures tomake its palm oil-based byproducts acceptable in European hypermarkets.
Kulim goes downstream
Tuesday, June 24 2003 - KULIM (M) Bhd, fresh from acquiring twosubsidiaries of its parent company Johor Corp, aims to stamp its mark inthe lucrative oleochemical industry by going further downstream.
Nation can be net pulp and paper exporter
Tuesday, June 24 2003 - MALAYSIA, which imports RM2.9 billion a year ofpulp and paper, has the potential to become a net exporter by 2008.
Palm oil-for-rail deal with China still on track
Tuesday, June 24 2003 - CHINA Railway Engineering Corp (CREC) is stillinterested in getting paid in palm oil for double-tracking works on thesouthern railway grid, and has not pulled out of the billion-ringgit deal.
