|
MPOB Monthly Report Imminent: Malaysia's Palm Oil Stockpiles May Surge Past 2.6 Million Tonnes as Strong El Niño Fuels Distant-Month Supply Cut Expectations
Strong El Niño forecast signals fresh upside for palm oil prices
CPO futures end mostly higher on soybean oil gains
Palm oil maintains its price advantage over soybean oil, but only through the end of summer
Edible oil imports up 19%; slowdown in Sept
16/10/05 Mumbai , (Business Lines) - IMPORTS of edible oil, mainly palmoil and soyabean oil, have provisionally been reported at 46,30,483 tonnesduring 11 months of the current oil season (November 2004/September 2005).The imports are up from 38,83,298 tonnes during the corresponding year-agoperiod, a rise of 19 per cent, according to the latest import datacompiled by the Solvent Extractors' Association of India (SEAI).
Felcra To Build RM100 Mln Oil Palm Refinery Factor
Perak Menteri Besar Datuk Seri Tajol Rosli Ghazali with therepresentatives of Perak Felcra settlers at the ceremony to presentdividends amounting to RM44.9 million to Felcra settlers in Perak,Saturday. Pix:Dusa Abas
GM coconut oil with high lauric acid to rival cano
12/10/2005 (Food Navigator.com) - The Philippines is developing agenetically modified (GM) coconut with at least as much lauric acid ascanola to allow it to hold onto its leading share of the world’s vegetableoil market.
India raises base import price of palm, soy oils
16/10/05 NEW DELHI (Financial Times) - India, the world’s leading edibleoil importer, on Saturday raised across the board the base import pricesof palm and soy oils, a move that traders said will firm domestic pricesbut not hit import volumes.
MALAYSIA'S PPB OIL PALMS ACQUIRES 95 PCT STAKE IN
14/10/05 KUALA LUMPUR, (Asia Pulse) - PPB Oil Palms Berhad said itswholly-owned subsidiary, Stephigh Pte Ltd, today signed an agreement toacquire a 95 per cent stake in PT Alam Sawit Permai.
Malaysian palm oil industry denies fuelling orang-
13/10/05 KUALA LUMPUR (AFP) - Malaysia's palm oil industry deniedaccusations it was driving orang-utans towards extinction.
Myanmar To Expand Oil-palm Cultivation
16/10/05 BANGKOK, (Bernama) -- Myanmar is aiming to expand its oil palmcultivation by another 500,000 acres within the next five years to meetgrowing domestic demand and reduce its reliance on imported palm oil.
No buyers for Indonesian palm oil amid uncertainty
12/10/05 JAKARTA (AFP) - Stockpiles of Indonesian crude palm oil (CPO) arebuilding up with buyers holding back purchases pending a new directive onexport tariffs, an industry executive said.
No Evidence Of Threat To Wildlife Caused By Oil Pa
12/10/05 KUALA LUMPUR, (Bernama) -- There is no evidence of a threat towildlife caused by oil palm plantations, three palm oil-basedorganisations reiterated, Wednesday.
