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CPO prices seen at RM4,400-RM4,600 on tighter supply
Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
Palm retreats from 21-month high on stock outlook, weak exports
Palm slips over 1% on weaker soyoil, bearish MPOB data
CHINA, P.R : 1ST BATCH PALM OIL IMPORT QUOTAS FO
Chinese trade sources reported that the Government had issued its firstbatch of palm oil import quotas for 2001 amounting to 600,000 tonnes on Tuesday (16/1/2001).
NIGERIA SEEKS MALAYSIAN AGRICULTURAL SECTOR'S HELP
The Nigerian Regional Government was seeking a partnership deal withMalaysian to help bolster its agricultural sector.
PHILIPPINE 2001 COCONUT OIL OUTPUT SEEN HIGHER
According to the United Coconut Association of the Philippines Inc.(UCAP), the country's coconut oil output in 2001 will probably rise by 4.4% to 2.59 million tonnes in copra terms from the estimated 2.48 milliontonnes in 2000.
Spike in production cost leads to rise in prices
Its president Tan Chee Hee said the prices of raw materials such as corn and soybeans had increased between 50% and 80%.