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Berita Arkib

MARKET DEVELOPMENT  
  12-10-2004

Tradewinds: Plantations to bring 60% of profit by

11/10/04 Kuala Lumpur - Tradewinds Corporation Bhd, formerly PernasInternational Holdings Bhd, expects its plantations business to increaseearnings contribution from 40% currently to 60% by 2007, says its groupchief executive officer Mohd Redza Shah Abdul Wahid.

MARKET DEVELOPMENT  
  12-10-2004

Windfall for 86,521 Felcra settlers

10/10/04 - FELCRA settlers have another reason to cheer this coming HariRaya as they will receive dividend payments totalling RM108.5 million nextmonth. The amount is part of the RM232.2 million of dividends to be paidto 86,521 settlers by Felcra Berhad from profits made by its 1,311plantations nationwide last year.

MARKET DEVELOPMENT  
  11-10-2004

Decline in palm oil production during November/ Fe

07/10/04 - Heavy Influence of Rainfall on Seasonal Palm Oil Production Thefactors influencing palm oil production differ fundamentally from thoseinfluencing the output of seed oils, at least as far as the seasonalfluctuations are concerned. While the seasonal fluctuations of seed oiloutput are man-made, those of palm oil are made biologically and canvirtually not be influenced by man. Oilseed crops are harvested within ashort period of 6-8 weeks and it then depends on the decision of theoilseed millers how they distribute the crushings over the whole season.The main factors influencing their decision are the demand for theproducts, the prices for the raw material and the products as well as thecrush margins resulting therefrom.As against this, the distribution of palm oil production over a year canvirtually not be influenced by the producers. It is dependent mainly onthe heavy fluctuations of rainfall in the oil palm producing areas. Onlythe annual changes in palm oil production are partly influenced by man,viz. by the changes in plantings and the resulting changes in the maturearea, though only, 2½-4 years later. Additionally any changes infertilizing and other agronomic inputs as well as the biological yieldcycle influence the annual changes in production.A look at Malaysia, the world’s largest palm oil producer, reveals howenormous the monthly changes in rainfall are. The following graphs showthat even the multiyear monthly averages fluctuated sharply between 334 mmin November and 124 mm in June. In between there is an interim peak at 235mm in April (all in West Malaysia). In assessing the effects of rainfallon palm oil production it should be taken into consideration that oilpalms are perennial crops, viz. the production process lasts throughout ayear and several years. That is, every month the following stages of theprocess occur simultaneously and continuously:- Initiation of the buds (around three years before the harvest),- Sex differentiation (around two years before the harvest), influencingthe number of fresh fruit bunches (FFB) per hectare,- Abortion of female fruits, if any (about ten months before the harvest),influencing the final FFB number to be harvested and- Flowering (about 5 months before the harvest).

MARKET DEVELOPMENT  
  11-10-2004

Import norms eased for vanaspati from Nepal

New Delhi , Oct. 8 - IN yet another step to curb inflationary pressuresduring the coming festival season, the Government has eased norms forduty-free imports of vanaspati from Nepal.

MARKET DEVELOPMENT  
  11-10-2004

RSPO To Set Criteria For Sustainable Palm Oil Indu

10/10/04 Oilmandi - Major palm oil players and non-governmentalorganizations plan to produce standards and criteria for a sustainablepalm oil industry within a year, the Roundtable On Sustainable Palm Oil(RSPO), said Wednesday. Teoh Cheng Hai, secretary general of the RSPO, saidas the standards and criteria cover a broad range of issues, it will takelonger to produce them. The RSPO ended its second meeting in JakartaWednesday. However, it has yet todecide when and where the third meetingwill take place next year. The RSPO is an association founded in Aprilthis year which groups major players in the palm oil supply chain,including oil palm growers, processors,traders, banks, retailers andenvironmental NGOs.

MARKET DEVELOPMENT  
  11-10-2004

USDA : India's 2004 Soybean Crop Seen At Record 7

07/10/04 Oilmandi - India's MY 2004 soybean production to touch a record 7million metric tons, due to increased planting in response to relativehigher prices, as per information from the U.S. Department ofAgriculture's Foreign Agricultural Service .

MARKET DEVELOPMENT  
  09-10-2004

Palm Oil plantation in NegOcc not viable

Thursday, October 07, 2004 - GEOGRAPHICALLY and topographically, the palmoil industry will not be viable in Negros Occidental, said businessmanEnrique Montilla.

MARKET DEVELOPMENT  
  09-10-2004

GHope-I&P revamp to be completed in November: CEO

Saturday October 9, 2004 - THE physical part of the rationalisationexercise between Golden Hope Plantations Bhd (GHope) and Island &Peninsular Bhd (I&P) is to be completed by Nov 1 this year, said groupchief executive Datuk Sabri Ahmad.

MARKET DEVELOPMENT  
  09-10-2004

Investors back palm oil plan

Friday, October 08, 2004 - FOREIGN investors expressed willingness tofinance the proposed palm oil plantation planned in southern NegrosOccidental.

MARKET DEVELOPMENT  
  09-10-2004

Palm oil imports seen slowing ahead

06/10/04 KUALA LUMPUR: Pakistan’s palm oil imports, which surged in thelast two months, are expected to slow during the rest of the year withfull-year intake unlikely to exceed the 2003 total, an industry officialsaid.

MARKET DEVELOPMENT  
  09-10-2004

Palm oil shortage in Nigeria means factory is prod

10/8/2004 THIS DAY (NIGERIA) - AAGM via NewsEdge Corporation : Chairman ofDoyin Group of Companies, Prince Samuel Adedoyin, has said that one of thecompany's subsidiaries, Consolidated Foods and Beverages Limited, wasproducing at below 10 per cent of the factory's installed capacity.

MARKET DEVELOPMENT  
  09-10-2004

TFA boosts optimism on CPO

Saturday October 9, 2004 - THE 12th of every month is significant toinvestment research analysts who cover the plantation sector. That is whenthe Malaysian Palm Oil Board releases statistics on the previous month'sperformance of the Malaysian oil palm industry.