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Palm oil to hold above RM4,400 on supply risks, biodiesel demand — MPOC
Sarawak palm oil producers report lower output
Zafrul: 1,711 Malaysian export products to US to enjoy zero tariff
India Races Ahead While Malaysia’s Biodiesel Ambitions Plateau
Malaysia's Export Of Palm Oil To Russia Near Compl
KUALA LUMPUR, Nov 8 (Bernama) -- Moscow-based Badr Forte Bank, the firstand only Russian Islamic bank, today announced that the first number oftransactions involving palm oil products export from Malaysia to Russiawere being finalised.In a statement Friday, the bank said the transactions will be insuredunder an export credit insurance facility provided by Malaysian ExportCredit & Insurance Berhad (MECIB).
Malaysian companies to invest in Brazilian palm oi
Brazil, Nov 5, 2002 (COMTEX) -- Malaysian companies are planning to investin the production of palm oil in Brazil. The investment plan should besimilar to the one promoted in 2001 in Venezuela, of US$100mil. Brazilproduces 100,000 m tons of palm oil and consumes 170,000 m tons.Meanwhile, the largest palm oil producer of Brazil, Agropalma, will expandproduction at 53% over the next three years. The company expects to reach2005 with a production of 130,000 m tons of oil. In 2002, Agropalmapredicts 85,000 an increase of 18% compared to the 72,000 m tons producedin 2001.
Gold Dinar Will Boost Palm Oil Mart Among Islamic
KUALA LUMPUR, Oct 31 (Bernama) -- Using gold dinar can boost the palm oilmarket among the Islamic countries, Deputy Minister of Primary IndustriesDatuk Anifah Haji Aman, said here Thursday."In terms of the industry itself, at least the Islamic countries can tradefreely by using this as a trade settlement mechanism," he said at a"Business Matching Session with Iranian Delegation" organised by the MalayBusinessmen & Industrialists Association of Malaysia (PERDASAMA), towelcome the delegation.
Kelapa sawit: Negara perlu tingkat pengeluaran unt
PUTRAJAYA, Khamis, 30/10/02(Berita Harian) - Malaysia akan terus kerugianpurata lebih RM1.79 bilion setahun jika masih gagal meningkatkanpengeluaran minyak sawit kepada sekurang-kurangnya empat tan sehektarsetahun.
Palm Oil Price Is Expected To Sustain
PUTRAJAYA, Oct 31 (Bernama) -- Palm oil, which is enjoying good price, isexpected to strengthen further in the future months based on the demandfrom the major markets, said Primary Industries Minister Datuk Seri Dr LimKeng Yaik here Thursday."Major markets like India, is expected to increase its imports to caterthe Deepavali celebration, apart from its decreasing vegetable oilproduction due to the dry season in the country," he said at the Oil PalmSmallholders 2002 national conference.The two-day conference organised by the Malaysian Palm Oil Board (MPOB),is themed "Strategy Towards Strengthening and Future of the Oil PalmSmallholders.""Apart from this, China needs to use the balance of its palm oil importquota for this year, and the fact that supply of fats and vegetable oilsare expected to decrease in the next few months," he said.Dr Lim said that the price of palm oil currently stood at RM1,520 pertonne which was much better than the RM700 per tonne recorded at onestage.He said that Malaysia always hoped for the best for the industry but theups and downs of price was normal in the trading of agriculturalcommodity."What is important is that the smallholders involved must optimise theirproduction and minimise production costs. To achieve high productivity,smallholders require knowledge, sufficient skils and inputs," he said.To help the smallholders enhance their productivity, he said that MPOB haslaunched a programme where 50 officers were appointed to give technicaladvice to the smallholders who are not getting such advice from othergovernment agencies. -- BERNAMA
Sarawak To Develop One Million Hectares Of Oil Pal
KUCHING, Oct 31 (Bernama) -- Sarawak is expected to develop a total of onemillion hectares of oil palm plantation by 2010.The staggered development will take in 30,000 hectares of Native CustomaryRights (NCR) land and 40,000 hectares of state land per annum.Sarawak Rural and Land Development assistant minister, Datuk Gramong Junatold the State Legislative Assembly Thursday that this meant that a totalof 750,000 hectares of land in Sarawak would be cultivated with the cashcrop in the next five years."Up to now about 400,000 hectares have been planted with oil palm trees,"he said when replying to Lee Kim Shin (BN-Senadin) during question time.He said the Malaysia Palm Oil Board (MPOB), which is responsible for theresearch and development (R&D), had come with 30 new products/findings.including palm-based polyurethanes, crayons, grease and various personalcare extractions.MPOB continued to show progress in the development of high quality mediumdensity fibreboard from oil palm fibre with the establishment of its pilotplant while technology for using its fibre in road-making was alsointroduced.He said in food application, high-energy biscuit formulated with mediumchain triglycerides, low calorie bakery margarine and high-fibre chocolatehad been introduced using palm oil as an ingredient.Various methods for controlling pests in the plantation were also madeavailable to the industry such as the use of cassia cobanensis asbeneficial plant for bagworm control. -- BERNAMA
Timbal balas tidak terhad kepada sawit
(Berita harian) - KONSEP timbal balas yang digunakan dalam pembeliansenjata ketenteraan tidak terhad kepada kelapa sawit saja, sebaliknyaturut membabitkan komoditi lain termasuk getah, kelapa kering, koko danproduk elektronik.Timbalan Menteri Pertahanan, Datuk Shafie Apdal, berkata tujuan utamakonsep itu ialah bagi memperoleh pulangan ekonomi yang maksimum melaluipasaran komoditi di negara terbabit.Selain itu katanya, konsep itu juga membantu mengurangkan aliran keluarmata wang negara.“Contohnya dalam perolehan kapal selam, komponen timbal balas adalahsebanyak 35 peratus daripada keseluruhan nilai kontrak iaitu 25 peratusmembabitkan komoditi kelapa sawit dan 10 peratus lagi komoditi laintermasuk perkhidmatan," katanya menjawab soalan Muhyidin Abdul Rashid(PAS-Hulu Terengganu) di Dewan Rakyat, semalam.Shafie berkata, elemen timbal balas itu juga akan diambil kita dalam semuapembelian peralatan besar lain yang masih dalam peringkat perundingan.Menjawab soalan tambahan Datuk Raja Ahmad Zainuddin Omar (BN-Larut),beliau berkata, timbal balas itu dilaksanakan mengikut perundingan dengannegara pembekal dan berasaskan permintaan mereka.“Jika mereka mahukan produk koko atau kelapa sawit, negara pembekal ituakan masukkan kedua-dua komoditi itu dalam perjanjian. Jika dulu baranganitu tidak mempunyai pasaran di negara berkenaan tetapi melalui perjanjianitu secara tidak langsung kita dapat memperkenalkan produk kita.“Melalui perjanjian berkenaan, kita turut mengambil kira kecanggihannegara pembekal yang mengeluarkan peralatan ketenteraan itu, selainpertukaran teknologi berkaitan,†katanya.Menjawab soalah tambahan Muhyidin, Shafie berkata, rakyat tidak perlubimbang dengan penubuhan Pusat Latihan Serantau Bagi Mencegah Keganasan dinegara ini kerana ia bertujuan mengiktiraf terhadap usaha berterusan pihakberkuasa menangani masalah keganasan termasuk kes lanun, penculikan danpenyeludupan.“Kita tak perlu takut dengan penubuhan pusat itu, orang yang takut adalahpengganas kerana mereka yang akan ditahan. Penubuhan itu adalahpengiktirafan terhadap pendekatan sistematik yang kita guna sejak dululagi,†katanya.
M'sia Asks Morroco To Revise Duties On Palm Oil
KUALA LUMPUR, Oct 30 (Bernama) -- Malaysia has asked Morroco to revise itsduties on crude and refined palm oil so that they would be on par with oneanother, says primary industries minister Datuk Seri Dr Lim Keng Yaik.In a statement upon his return from a 17-day official visit to Morroco,Egypt, Jordan and the United Arab Emirates (UAE) Wednesday, he saidMorroco was a relatively new market for palm oil.
Palm Oil Powered Vehicles In Upcoming Energy Show
PENANG, Oct 28 (Bernama) -- Solar powered cars are nothing new today.But what about palm oil powered vehicles? These are among the latestinventions - some of which are by local scientists - using natural energysources.