|
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
Indian duty cut
KUALA LUMPUR (May 01 2003) - India, the world's largest edible oilimporter, on Wednesday reduced customs duty on RBD palm oil to 70 percentfrom 85 percent to remove the difference in duty structure among variousimported oils.
Oil World cuts 2002-03 soyabean crush forecast
HAMBURG (April 30 2003) : Hamburg-based newsletter Oil World said 2002/03global soyabean crushings are likely to reach only 169.12 million tonnes,down 500,000 tonnes from its previous estimate on March 14.
Palm oil demand still above production: Oil World
HAMBURG (April 30 2003) : Global palm oil demand is still running aboveproduction despite recent production gains, Hamburg-based newsletter OilWorld said.
India cuts use of local oil for vanaspati
NEW DELHI (April 25 2003) : India, the world's largest importer of edibleoil, has cut the quantum of local oils used in making vanaspati orvegetable ghee, a move which traders said would lead to higher palm oilimports.
Malaysian palm oil intelligence unit nears fruitio
4/23/2003 (Business Times) - MALAYSIA'S plan to set up its very own palmoil market intelligence unit, aimed at reducing dependency on informationgenerated from elsewhere, is now at a very advanced stage.
MOMG Proposes CPKO Export Duty To Be Fixed Between
KUALA LUMPUR, April 22 (Bernama) -- The Malaysian OleochemicalsManufacturers Group (MOMG) has proposed to the government that all CrudePalm Kernel Oil (CPKO), whether East or West Malaysia, whether crude orrefined, should have the same export duty.
Poram Wants Assurance CPO Duty-free Export Measure
KUALA LUMPUR, April 24 (Bernama) -- Palm Oil Refiners' AssociationMalaysia (Poram) wants an assurance that the move to allow duty-freeexports of crude palm oil (CPO) initiated years ago would be atemporary/short-term measure initiated on selected/restricted basis andclosely monitored by the authorities concerned.
Smallholders Need To Replant To Raise Income, Says
PUTRAJAYA, April 24 (Bernama) -- Acting Prime Minister Datuk Seri AbdullahAhmad Badawi said Thursday that smallholders should replant their crops toearn more income.
Bintulu Port plans jetty to keep pace with rising
Wednesday, April 23, 2003 - BINTULU Port Holdings Bhd (BPHB) is building amulti-million ringgit dedicated palm oil terminal at Bintulu Port toprovide better facilities for the handling of the increasing palm oilthroughput.
