Berita Arkib

Thailand Jan 16 - IN a bid to reduce the country’s reliance on oilimports, the Ministry of Energy is looking to encourage motorists toswitch to biodiesel in a plan which will be unveiled to the Cabinettomorrow.

KARACHI (January 13 2005): Pakistan's edible oil imports remained slowover the past week due to high domestic cottonseed availability, anddealers said on Wednesday they would remain low in the near term. "Theprices are going down due to the high domestic cottonseed supplies, whichare just going on and on," said Akber Puri, a dealer in the southern portcity of Karachi. "Local cottonseed is a much cheaper option as compared toimported oil, thus the imports are also slow," he said.

Mumbai, January 17, 2005 - India's soy oil imports are set to grow sharplythis year due to lower global prices, but edible oil imports by theworld's largest buyer should be below earlier estimates due to a goodsummer oilseeds crop, a top trade official said on Monday.

1/17/2005 - FNWEB.COM Bangkok - The Ministry of Agriculture andCooperatives has launched a project to increase palm tree plantations onunoccupied land in Thailands southern region. The purpose is to producemore alternative energy and to reduce the need to import oil.

Wednesday January 12, 2005 - MALAYSIA is keen to seek Indonesia’sco-operation to stabilise the price of crude palm oil in the world marketby managing the supply of the commodity together since both countriesaccount for 85% of the world's production.

10/1/05 KUALA LUMPUR (Dow Jones)--Crude palm oil futures on the BursaMalaysia Derivatives ended sharply lower Monday, following the release ofdata showing a rise in inventories at the end of 2004 and other figuressuggesting the potential for further increases in the coming weeks.

KARACHI (January 11 2005): An edible oil refinery with 300,000 tonnescapacity will be set up at Port Qasim under a joint venture betweenPakistan and Singapore, and the ground breaking of the project will beperformed shortly. A spokesman of the joint venture company, Waheed WilmarHoldings Private Limited told Business Recorder on Monday that the totalcost of the project was Rs 565.184 million, which would be shared 45percent by the Pakistani investor and 55 percent by the Singapore firmWilmar.

BOMBAY (January 11 2005): India's summer oilseeds crop is expected tobounce back and match a year earlier's output, after erratic rains causeda drop in the winter harvest, traders said on Monday. India, which imports40 percent of its annual needs of 11 million tonnes of edible oil, is theworld's fourth-largest vegetable oil producer with an annual turnover ofabout $15 billion.

KARACHI (January 06 2005): Pakistan edible oil imports are likely toremain low in the near-term due to an increased supply of domesticcottonseed, putting pressure on prices in the local market, dealers saidon Wednesday. Pakistan expects output of cottonseed, one of its majorsources of vegetable oil, to hit 580,000 tonnes this season, up from theprevious year's 400,000 tonnes on the back of a bumper cotton crop in the2004/05 (April-February) crop year.

7/1/05 OIL WORLDOilseeds

7/1/05 KUALA LUMPUR (Dow Jones)--Crude palm oil futures on the BursaMalaysia Derivatives ended slightly lower Friday amid late speculativeselling ahead of the release of a key supply and demand report next week.

1/7/2005 Food Ingredient News - Premium Vegetable Oils Sdn Bhd, aMalaysian specialty fats manufacturer, has developed a trans freestructural fat that is suitable as a margarine blend for the manufactureof fatty acid poly- and mono-unsaturated margarines.