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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
Oilseed import: solvent extractors association's c
KARACHI (May 13 2003) : The All Pakistan Solvent Extractors Associationhas clarified a story that appeared in the May 3 issue of the BusinessRecorder, which said that about 20 percent general sales tax (GST) may beimposed on oil seed imports.
UN's WFP buys vegetable oil, pulses as food aid fo
ROME (May 13 2003) : The United Nations World Food Programme (WFP) hasbought 22,000 tonnes of vegetable oil and 12,000 tonnes of pulses as foodaid for Iraq, a WFP official said on Monday.
Buoyant demand may boost Indonesian palm oil sales
JAKARTA (May 11 2003) : Indonesia's crude palm oil (CPO) exports may riseto 6.5 million tonnes in 2003 from 6.3 million last year due to buoyantdemand from India and a higher domestic output, an Indonesian palm oilbody said on Friday.
'Foreign and local investors ready to invest in co
KARACHI (May 10 2003) : A delegation of the Pakistan Coconut and Oil PalmPlantation Society headed by its chairman Kaukab Iqbal met Sindh ChiefSecretary K.B. Rind here on Friday.
No change in soyaoil base import price: India
BOMBAY (May 10 2003) : India's Finance Ministry said it has not reducedthe base import price of crude soyabean oil, calling a notification onsome private Internet sites as fake.
European rapeseed oil premium seen shrinking on we
AMSTERDAM (May 09 2003) - The premium for nearby European rapeseed oilcontracts is expected to unwind over the next several weeks as demandturns out to be less than expected, traders said on Thursday.
Ghee industry on verge of collapse due to irritant
ISLAMABAD (May 09 2003) : The Pakistan Vanaspati Manufacturers Association(PVMA) on Thursday said that the ghee industry was on the brink ofcollapse because of a number of irritants, which forced shut down of 30mills and the rest may follow if remedial measures were not taken in thenext annual budget.
Indonesia Gapki:65% Of Russia Trade Deal May Be Pa
Jakarta, April 30 (Dow Jones) - Palm oil could make up 65% of the $167million in commodities Indonesia will export to Russia as part of acounter-trade agreement, Derom Bangun, chairman of the Indonesian Palm OilProducers' Association, or Gapki, said Wednesday.
Sindh to set up palm oil and coconut research stat
KARACHI (May 09 2003) - Government of Sindh plans to set up a Palm Oil &Coconut Research & Development Station to promote its production in thecoastal areas of the province.
