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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
Ghee/cooking oil prices increased
ISLAMABAD (March 20 2003) : Ghee/cooking oil prices have gone-up by Rs 15per 16 kg tin/ Rs 1 per litre in open market due to shortage as moreupcountry industries shut down after running out of palm oil stocks.
India sees rebound in edible oil imports
KUALA LUMPUR (March 20 2003) : India's edible oil imports may rise 6.3percent on the year to 4.71 million tonnes in the year to October 2003 dueto falling domestic output, an industry official said on Wednesday.
Iraq war seen driving down palm oil prices
KUALA LUMPUR (March 20 2003) : Malaysia's palm oil futures prices may fallsharply if war erupts in Iraq because of higher shipment charges affectingdemand, while the world's top producers are stepping up output, anIndonesian industry official said on Tuesday.
Malaysian palm oil seen at RM 1,100 per tonne by S
KUALA LUMPUR (March 20 2003) : Malaysia's crude palm oil futures arelikely to fall to 1,100 ringgit ($289) a tonne by September due to risingdomestic stocks and the arrival of South American soya crop, a leadingIndian trader said on Wednesday.
No more surprises seen in palm oil prices this yea
20 March, 2003 - MALAYSIA’S palm oil prices are seen to average at betweenRM1,300 and RM1,500 a tonne this year on steady demand and supplies of thecommodity worldwide.
Vansapati Manufacturers Association refuses to rai
ISLAMABAD (March 21 2003) : The Pakistan Vansapati ManufacturersAssociation (PVMA) has turned down oil tankers' owners demand of 10percent increase in fares, saying upward revision in prices could bediscussed with them when they come for a meeting on March 25 in Karachi.
Govt May Withdraw Free Duty Exports On CPO Product
KUALA LUMPUR, March 18 (Bernama) -- Primary Industries Minister Datuk SeriDr Lim Keng Yaik said that the government is considering restructuring orwithdrawing the duty free policy on all exports of processed palm oilproducts to India.He said that this might be done as a result of India's policy in notreducing import duty on crude palm oil (CPO) which was announced in itsBudget at the end of February.
Chinese soya permit woes spur import curb worries
HONG KONG (March 19 2003) - Beijing has not yet issued import permits forBrazilian soya, stoking fears the government may be trying to cut inflowsof foreign beans many fear China has overbought, traders said on Tuesday.
KUALA LUMPUR (March 19 2003) - Malaysia's palm oil futures prices may fallsharply if war erupts in Iraq because of higher shipment charges affectingdemand, while the world's top producers are stepping up output, anIndonesian industry official said on Tuesday.
