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Palm oil prices could reach US$1,500/tonne as B50 and El Niño tighten supply
Malaysia: Palm oil prices rise ahead of key May production report
Palm oil prices rose on Monday
Malaysian palm oil exports to face pressure from Indonesian push
Myanmar invests millions of US dollars in palm oil
09/12/2004 THAI PRESS REPORTS - In order to earn foreign exchange andprovide sufficient edible oil, crude palm oil factories have beenestablished in Tanintharyi Division. Among the target of establishing 16factories, 12 factories have been completed. The expected installationcost is about 40 million kyats for locally made machinery and 2,000million kyats for imported machinery.
New Japanese technology aims to improve production
09/12/2004 THAI PRESS REPORTS - A Japanese scientist has unveiled thelatest technology to produce ethanol and bio-diesel to help replace theuse of fossil fuels in the near future.
Russia increases import duty for packaged palm oil
12/08/2004 13:54 - According to press-service of Russian government, theHead of Government Mikhail Fradkov on December 6 signed a resolution"About Amendments into Customs Code of Russian Federation Regarding PalmOil".
S'wak Govt Expects Positive Trade Balance To Conti
KUCHING, Dec 9 (Bernama) -- Sarawak has continuously registered tradesurpluses since the 1970's and the trend is expected to continue, stateSecond Finance Minister Datuk Seri Wong Soon Koh said.
Kulim Malaysia In JV To Produce High-Yielding Oil
KUALA LUMPUR, Dec 7 Asia Pulse - Kulim (Malaysia) Berhad has teamed upwith TopPlant Laboratories Sdn Bhd (TopPlant) to produce high-yielding oilpalm clones by plant tissue culture technology.
Malaysian firm to supply palm oil to Bangladesh ma
7/12/2004 KUALA LUMPUR -- Malaysian-based company, Azmin and Sivam Sdn Bhd(A&S), is looking to export edible oils on a monthly basis to Bangladeshfrom the middle of this month.
Russia`s government hikes palm oil import duties t
06 December 2004 19:18 - Russia's government imposes the raw palm oilexport duty of 15% of customs value but at least 0.12 euro per 1 kg. Therespective ruling was sealed by Russia's Prime Minister Mikhail Fradkov onDecember 2, the government press service said. The previous duty equalled5%. New rates will be in forth during 9 months.
UK biofuels plant under construction to be world's
7/12/2004 - Work is now under way on building the world's largestbiodiesel plant right in the heart of Teesside. Billingham's BiofuelsCorporation, headed by chief executive John Nicholas, is building a pounds21m plant at Seal Sands to produce renewable fuels from crops such asoilseed rape.
Argentina's 04-05 Soy Crop 67% Planted By Friday -
BUENOS AIRES (Dow Jones)--Argentine farmers had planted 67% of thecountry's 2004-05 soybean crop by Friday, the latest AgricultureSecretariat data show.This puts the pace of planting up from a year ago, when 57% of areahad been planted.Total planted area this year is seen at 14.2 million hectares,compared with 14.235 million a year earlier.The crop is evolving normally in most areas.As of Friday, farmers had planted 9,497,670 million hectares.Stable climatic conditions and adequate moisture levels have allowedthe crop to develop smoothly in the provinces of Buenos Aires and Cordoba,the Secretariat said. These two provinces account for almost half ofArgentina's soybean production.The Buenos Aires Cereals Exchange sees the 2004-05 area at 14.7million hectares. As of Saturday, some 10,043,000 hectares have beenplanted, according to the exchange.Neither the exchange nor the Secretariat has formally forecast 2004-05soybean production. The U.S. Department of Agriculture sees Argentina's2004- 05 soy output at 39 million tons.
