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CPO Futures Snap Two-Day Gains To Close Lower
Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
Palm Oil Output Surge In Oct, CPO Price Could Hit RM4500 In Dec: MPOC
Palm oil consumption forecast to increase
Malaysian minister urges growth triangle's revival
Mar 24, 2005 JAKARTA - Malaysian Trade Minister Rafidah Azzis has calledfor the reactivation of the "Growth Triangle", an area development conceptplanned by the previous governments of Malaysia, Indonesia and Thailand, alocal daily reported on Wednesday.
MARKET TALK
24/3/05USD Recovery Negative For Vegoil Exports(Dow Jones)--Stonger USD negative for edible oil prices, could hitexports; EUR/USD now at 1.297 vs high of 1.348 mid-March. Stronger USD mayaffect soyoil, palm oil exports as it makes dollar-denominated commoditiesmore expensive for consumers, traders say.
CPO producers countries to strengthen bargaining p
24/03/05 - In response to India's move to slap a high import duty on crudepalm oil (CPO), the world's top CPO producers -- Indonesia, Malaysia andThailand -- aim to form a trilateral cooperation pact that couldeventually affect global CPO prices.
Greenergy partners with Tesco to fund UK biodiesel
3/23/2005 - Greenergy Fuels Ltd, a fuels business with annual sales of £1billion and a leader in the supply of premium quality biofuels, announcedtoday that it has joined forces with shareholder Tesco to service therapidly growing European biofuels market. The partnership with Tesco willenable Greenergy to extend its existing domestic and European biodieselsupply operations by building the UK's largest single-line biodieselproduction facility.
Drought to boost CPO, rubber prices
Tuesday March 22, 2005 - THE prolonged drought in the region will have apositive impact on the prices of commodities like crude palm oil (CPO) andrubber, but production will be lower.
India keeps high palm oil tariff despite RI protes
The Jakarta Post - Mar 21 6:36 PM - India will maintain its higher importduty on crude palm oil (CPO) despite complaints from Indonesia, IndonesianMinister of Agriculture Anton Apriyantono said on Monday.
India To Adjust CPO Import Duty To Int'l Prices: I
JAKARTA, March 22 Asia Pulse - India promised to periodically adjust itsimport duty on palm oil to the international price, Agriculture MinisterAnton Apriyantono said.
Indonesia to focus on palm oil quality, price to c
3/21/05 - Indonesian Agriculture Minister Anton Aproyantoma has said hiscountry will focus on quality and competitive pricing of crude palm oil inorder to compete with Malaysia. The minister said that Indonesia plans totap bio-diesel as a fuel for domestic transport. He also said that Indiashould lower the carotenoid value of palmolein.
Japanese edible oil fails to attract Pakistani buy
23/03/05 - KARACHI: Lack of buying interest in soybean oil marred auctionof the commodity on Tuesday by Trading Corporation of Pakistan (TCP),which managed to sell only 1,100 out of 33,000 tonnes of the productgranted by Japan.
