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MARKET DEVELOPMENT
21-03-2003

China issues import permits for Brazil soya

SHANGHAI (March 20 2003) : China's Agriculture Ministry said on Wednesdayit has issued eagerly awaited permits for imports of Brazilian soyabeans,resolving a thorny issue which briefly hampered bilateral trade worthabout $600 million.

MARKET DEVELOPMENT
21-03-2003

Ghee/cooking oil prices increased

ISLAMABAD (March 20 2003) : Ghee/cooking oil prices have gone-up by Rs 15per 16 kg tin/ Rs 1 per litre in open market due to shortage as moreupcountry industries shut down after running out of palm oil stocks.

MARKET DEVELOPMENT
21-03-2003

India sees rebound in edible oil imports

KUALA LUMPUR (March 20 2003) : India's edible oil imports may rise 6.3percent on the year to 4.71 million tonnes in the year to October 2003 dueto falling domestic output, an industry official said on Wednesday.

MARKET DEVELOPMENT
21-03-2003

Iraq war seen driving down palm oil prices

KUALA LUMPUR (March 20 2003) : Malaysia's palm oil futures prices may fallsharply if war erupts in Iraq because of higher shipment charges affectingdemand, while the world's top producers are stepping up output, anIndonesian industry official said on Tuesday.

MARKET DEVELOPMENT
21-03-2003

Malaysian palm oil seen at RM 1,100 per tonne by S

KUALA LUMPUR (March 20 2003) : Malaysia's crude palm oil futures arelikely to fall to 1,100 ringgit ($289) a tonne by September due to risingdomestic stocks and the arrival of South American soya crop, a leadingIndian trader said on Wednesday.

MARKET DEVELOPMENT
21-03-2003

No more surprises seen in palm oil prices this yea

20 March, 2003 - MALAYSIAâ€™S palm oil prices are seen to average at betweenRM1,300 and RM1,500 a tonne this year on steady demand and supplies of thecommodity worldwide.

MARKET DEVELOPMENT
21-03-2003

Vansapati Manufacturers Association refuses to rai

ISLAMABAD (March 21 2003) : The Pakistan Vansapati ManufacturersAssociation (PVMA) has turned down oil tankers' owners demand of 10percent increase in fares, saying upward revision in prices could bediscussed with them when they come for a meeting on March 25 in Karachi.

MARKET DEVELOPMENT
20-03-2003

Govt May Withdraw Free Duty Exports On CPO Product

KUALA LUMPUR, March 18 (Bernama) -- Primary Industries Minister Datuk SeriDr Lim Keng Yaik said that the government is considering restructuring orwithdrawing the duty free policy on all exports of processed palm oilproducts to India.He said that this might be done as a result of India's policy in notreducing import duty on crude palm oil (CPO) which was announced in itsBudget at the end of February.

MARKET DEVELOPMENT
19-03-2003

Chinese soya permit woes spur import curb worries

HONG KONG (March 19 2003) - Beijing has not yet issued import permits forBrazilian soya, stoking fears the government may be trying to cut inflowsof foreign beans many fear China has overbought, traders said on Tuesday.

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