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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
6 Davao del Norte towns potential palm oil areas
Sunday, November 28, 2004 TAGUM CITY, PHILIPPINES -- Frequently floodedtowns in Davao del Norte have great potential for palm oil production.
Consplant to go big globally
29/11/04 KUALA LUMPUR - Consolidated Plantations Bhd (Consplant), theunlisted plantation arm of Sime Darby Bhd, is positioning to be aprominent global oil palm player through acquisition of land bank anddownstream activities, both locally and abroad.Managing director Datuk Syed Tamin Syed Mohamed said Consplant hoped toachieve this goal within the next two years by doubling the size of itsoil palm plantations as well as acquiring some oleochemicals and oils andfats downstream businesses.To be a prominent player, it is vital for us to be a cost-efficient playerwith high productivity level, significant land bank and an all-roundedinvolvement in the palm oil value chain, he told StarBiz in Subang Jaya.
Herbs to help increase income of Felda settlers
KUALA TERENGGANU, Nov 27 - Felda plans to develop 20,000ha of marginalland in its schemes to cultivate herbs.The land mainly located in deep valleys and swamps had been left idle formany years as it was unsuitable for oil palm.
Japanese seeking business opportunities
28/11/04 PALEMBANG, South Sumatra - A Japanese lawmaker and twobusinessmen met with Palembang government officials on Sunday night, inhopes of exploring investment opportunities in the city.
Kedah wants RM1.2b annually
ALOR STAR, Nov 29 - Compensation for Kedah’s contributions to the countrywas a theme that was repeated in the State Assembly today when abackbencher called on the Federal Government to pay the State RM1.2billion a year.Datuk Dr Afifuddin Omar (BN-Kuala Nerang) said the State would have earnedRM1.2 billion a year if it had used its land to plant oil palm instead ofrice.
M'sia Sees Greater Business Opportunities With Per
KUALA LUMPUR, Nov 27 (Bernama) -- Malaysia can further co-operate withPeru in the palm oil, food, rubber and natural gas sectors, said theDeputy Minister of International Trade and Industry, Datuk Ahmad HusniHanadzlah.
Nigeria lifts ban on textiles, other goods from Be
Lagos, Nigeria,11/29 - Nigeria has lifted a ban it slammed on theimportation of textiles and five other products from neighbouring Benin.
Three Rivers In Sabah Polluted, Says Chong
KOTA KINABALU, Nov 29 (Bernama) -- Sabah Tourism, Culture and EnvironmentMinister Tan Sri Chong Kah Kiat said Monday only three rivers in Sabah arepolluted.
India working to double oilseeds production
11/26/2004 INDIA BUSINESS INSIGHT - Oilseeds production in India hasstagnated at around 25 million tonnes per annum since the mid-1990s andproduction in 2003-2004 was 25.14 million tonnes.
