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Palm oil rises on poor weather, exports recovery and stronger rivals
Demand for palm products to advance
Palm oil extends decline on weaker rivals, higher production
Malaysia’s palm oil stocks surge as output jumps despite weak exports
China To Raise Quota For Indonesian CPO To 1.5M MT
04/10/04 JAKARTA (Dow Jones)--The Chinese government will raise its quotafor Indonesian palm oil imports to 1.5 million tons in 2005 from 1.2million tons this year, a senior official said Monday.
GHope set to be integrated producer
Tuesday October 5, 2004 - GOLDEN Hope Plantations Bhd is transformingitself into a more efficient integrated palm oil producer following therecent approval by shareholders of its rationalisation exercise, RHBResearch said in a report.
Indonesia may boost CPO output by 4.8% next year
04/10/04 - Jakarta (Bloomberg): Indonesia, the world's second largestcrude palm oil producer, may raise its output by 4.8 percent in 2005 asfarmers and plantations increase planting of the crop, Indonesianofficials said.
Indonesia To Boost Oil Palm Areas To 10M Ha Within
04/10/04 JAKARTA (Dow Jones)--Indonesia plans to expand its oil palmplantation areas to 10 million hectares within three decades to more thandouble its crude palm oil output, Minister of Agriculture Bungaran Saragihsaid Monday.
Palm oil may fall as India, China cut purchases, s
04/10/094 - JAKARTA (Bloomberg): Palm oil futures in Malaysia, the world'sbiggest exporter of the edible oil, may decline this week because ofslowing purchases from India and China.
Talk of El Nino Floods, Droughts Worries Farmers
Sun Oct 3,11:26 PM Science - SINGAPORE (Reuters) - After a seeminglyunending string of hurricanes and typhoons, talk that the "little boy" isstirring in the Pacific is unwelcome news for weather-battered farmers.
‘More mechanisation needed’
Sunday October 3, 2004 MIRI: The Plantation Industries and CommoditiesMinistry wants to see more mechanisation in the plantation sector toreduce the amount spent on labour, especially foreign workers.
Approval for more duty-free CPO exports
Friday October 1, 2004 - THE Ministry of Plantation Industries andCommodities has granted approval for additional duty-free crude palm oil(CPO) exports, given the higher-than-expected level of CPO stocks lastmonth and in the face of intense competition from Indonesia.Our concept of duty-free CPO exports is simple, said its minister, DatukPeter Chin Fah Kui.
Astra Agro Says Palm Oil Output May Increase 20% N
Oct. 2 (Bloomberg) -- PT Astra Agro Lestari, Indonesia's biggest publiclytraded agricultural company, said its palm oil production may increase byas much as a fifth next year, about the same as growth this year, becausemore trees will mature.