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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
M'sia's Exports To Former Soviet Union Countries R
KUALA LUMPUR, Dec 14 (Bernama) -- Malaysia's exports to the former SovietUnion countries increased by 25.34 percent or RM360.97 million toRM1,785.60 for the first nine months of this year compared with RM1,424.63in the same period last year.
Malaysia's KL Kepong makes offer for Ladang shares
KUALA LUMPUR, Dec 14 (Reuters) - Kuala Lumpur Kepong Bhd , one ofMalaysia's biggest palm oil producers, made a mandatory offer on Tuesdayfor shares of a rival producer at 2.85 ringgit ($0.75) each.KL Kepong said the offer for shares of Ladang Perbadanan-Fima Bhd cameafter the company raised its stake in Ladang to 46 percent from 15.4percent previously, activating a 33-percent trigger.
Mixed outlook for plantation sector
Wednesday December 15, 2004 - PROSPECTS for the plantation sector appearmixed in a scenario of rising palm oil stocks, seasonally low production,and firm outlook for exports and prices.
Palm oil board outlines three research strategies
December 14, 2004 MALAYSIAN Palm Oil Board (MPOB) has stressed three mainresearch strategies through technology and new innovations to enhance thepalm oil industry performance at all levels.
Palm Oil Is S'wak's Number One Agricultural Commod
KUCHING, Dec 14 (Bernama) -- Palm oil is Sarawak's number one agriculturalcommodity export earner, the State Legislative Assembly was told Tuesday.
Brazilian 2004 agricultural exports break records
12/10/2004 EFE NEWS SERVICE - Brazilian agricultural exports broke theSouth American nation's record for a year in the first 11 months of 2004,the government reported Wednesday.
Felcra And Risda Ready To Venture Into Paper Produ
IPOH, Dec 10 (Bernama) -- The Rural and Regional Development Ministrythrough Felcra and Risda is ready to work with a company from China toproduce paper from the fronds, empty bunches and trunks of oil palm.
Heavy rain in Argentina causes $66m in damage to s
12/10/2004 EFE NEWS SERVICE- More than 10,000 people have been forced fromtheir homes by flooding in the Argentine province of Chaco, where the"prospects are bleak," officials said Thursday.
MARKET TALK: United Plantations Sees Weaker CPO Pr
10/12/04 (Dow Jones)--CPO prices may fall to MYR1,300/ton within nextthree months, United Plantations Bhd Executive Director Martin Bek-Nielsenquoted as saying by Star daily; attributes decline to weaker soyoilprices, slower demand due to rising freight costs. USD weakness, however,one factor providing support to prices. Despite bearish outlook,plantation companies still remain profitable as production costs aboutMYR700/ton. Benchmark CPO futures contract now at MYR1,403.
