|
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
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.
MALAYSIA TO SEAL $368M POLISH TANK DEAL
KUALA LUMPUR, April 10 (Reuters) - Malaysia will sign a $368 millioncontract to buy battle tanks from Poland on Friday, a government officialtold Reuters on Thursday.The contract is for the supply of 48 battle tanks from Poland's ForeignTrade Enterprise Bumar Ltd.In March 2002, Malaysia agreed in principle to buy Polish PT-91 battletanks, a modified version of Russia's T-72. The PT-91, weighing 45 tonnes,has a 60 km per hour top speed and state-of-the-art firepower with day andnight vision.A source close to the deal said 30 percent of the price will covered bya counter-trade involving the sale of Malaysian palm oil.Malaysia Mining Corp Bhd (MMC), the flagship listed company ofbusinessman Syed Mokhtar Albukhary, will also sign a contract on Friday tomaintain the battle tanks for 15 to 20 years, according to a statementfrom the company.MMC has interests in Malaysia's largest independent power producerMalakoff Bhd and a fast-growing transhipment facility Port of TanjungPelepas.
Malaysian palm oil market
KUALA LUMPUR (April 11 2003) : Cargo surveyor SGS said Malaysian palm oilexports for April 1-10 stood at 314,145 tonnes, down from 355,514 forMarch 1-10 and below market expectations of between 360,000 and 375,000tonnes.
