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Malaysia welcomes US tariff cut on palm oil, eyes RM21b in exports but warns against overreliance on single market
MPOB: Malaysia urged to diversify palm oil markets amid US tariffs
Palm oil down on estimates of improved output, weak rivals
CPO prices likely to remain rangebound
PALM OIL DUTY REVIEW IN JUNE
ISLAMABAD, Feb 7: Pakistan will review palm oil import duties in June whenthe budget for the next fiscal year will be announced, a finance ministryofficial said on Wednesday.
GM GRAINS MAY BE COMMERCIALLY AVAILABLE BY 2003, S
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GM, TRANSGENIC CROP CONTINUE TO BE A SCARE IN INDI
RAPESEED OIL USED AS FUEL IS MORE CARCINOGENIC THA
TIDCO, CORNELL UNIVERSITY TO SET UP BIOTECH PARK
Chennai, Jan 15 : Tamil Nadu Industrial Development Corporation (Tidco)signed a memorandum of understanding (MoU) with Cornell University, USA,on Monday, in the presence of Tamil Nadu Chief Minister, M Karunanidhi,for setting up a biotechnology park in Chennai.
WEST MALAYSIA / SUMATRA PALM OIL FREIGHT RATES
Following are freight rates provided by shipping brokers.
INDONESIA MIGHT CUT PALM OIL EXPORT DUTY
Indonesia said it might cut its export taxes on palm oil this month inorder to boost exports.
MALAYSIA JAN PALM OIL OUTPUT SEEN DOWN AT 915,000
Malaysia's palm oil output is expected to fall to 910,000 - 915,000 tonnesin January from 943,000 tonnes in December, private crop forecaster IvanWong said on Friday.
NEED TO JOIN HANDS
According to Industry Official, Malaysia and Indonesia, the world's mainpalm oil producers, are hoping to cooperate to boost prices and to easetension that has arisen as they battle for market share.
