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Mixed forecasts for palm oil at POC2026
CPO FUTURES CLOSE LOWER ONSTRONGER RINGGIT, CONCERNS OVERWEAK DEMAND
Palm oil ends lower after MPOB’s data release
CPO prices to consolidate at RM4,000 to RM4,300
Malaysian Palm Oil Giant Golden Hope Buys Stake in
14/7/2005 Business Times (Malaysia) - GOLDEN Hope Plantations Bhd willbuy a portion of Germany's Cognis Deutschland GmbH & Co KG global oils andfats business in a deal believed to be worth almost RM300 million.
Palm Oil Industry Needs To Upgrade Facilities
14/07/05 KUALA LUMPUR (Dow Jones) -- Growing concerns about food safetyare putting not only the quality of palm oil, but also the machinery andequipment used in the processing, storage and transport of the oil, underincreasing scrutiny, a senior Malaysian industry official said.
Russia: 2005 tropical oil imports
13/07/2005 (Agri Market) - Russia increased tropical oil imports in May2005 by 1.7 times compared to April. Total May imports of tropical oils toRussia made 58,600 tonnes. Coconut imports in the mentioned periodincreased by 2.2 times making up 12,300 tonnes. Pal kernel oil importsincreased by 16.7 times compared to April and made 3,800 tonnes.
China’s tariff removal to boost palm oil demand
Monday July 4, 2005 (The Star) - THE elimination of the import tariffrate quota on edible oil in China from next year, coupled with risingconsumption of the product there, augur well for palm oil, which hasgained popularity in the country.
Gov't Will Not Usurp People's Lands For Plantation
SIBU, June 29 (Bernama) -- The state government will not resort tousurping the people's lands to implement large-scale plantation projects.
OIL WE NEED TO KNOW
2/7/2005 Philippine Daily Inquirer - A GENERATION ago, importedvegetable oil producers told Filipino consumers to replace traditionalcoconut oil with their "healthier" soybean and corn oils. Now, independentnutritional biochemists are finding otherwise.
Philippines needs 140-T MT palm oil to meet local
Manila Jul 04 (Sun Star) - THE Department of Agriculture (DA) 11reported that the country's palm oil consumption grows by 2.18 percentannually.
Sabah oil palm growers more aware of environ: WWF
03 July, 2005 Sabah Daily Express - Kota Kinabalu: Oil palmplantations in Sabah are more aware of environmentally sustainablepractices and are doing their part in rehabilitating forests in the lowerKinabatangan area, said a WWF Malaysia official.
Felcra Looking Out For Best Technology To Produce
MACHANG, July 2 (Bernama) -- Felcra Bhd is studying various technologies,both local and from outside, to get the most suited for the production ofdiesel from oil palm biomass.
