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Malaysia's palm oil stocks hit 8-month high in May as output jumps
FGV may see earnings fall over 50pct annually from expanded SST
CIMB: India's duty cut, low stocks seen boosting Malaysian palm oil exports
Palm Oil Market Set for Strong Growth to USD 106.5 Billion by 2032 Amid Rising Sustainability Focus
Sejati may sell 50pc stake
16/1/06 (The Malay Mali) - SEJATI Oil Palm Feed Sdn Bhd's shareholders may sell as much as 50 per cent of the company to raise capital to proceed with a plan to build a fibre feed processing plant, said its managing director and dominant shareholder Zainal Ahmad.
INDONESIA, MALAYSIA TO CULTIVATE OIL PALM IN WEST SUMATRA
13/1/06 BUKIT TINGGI (Asia Pulse) - Indonesia and Malaysia will cultivate oil palm on some 17,000 ha of land in the Dharmasraya region in West Sumatra beginning next month under a joint venture between PT Andalas Agro Group, a company set up by Indonesia`s Tri Nugraha Thohir (TNT) and Malaysia`s TSH Resources Bhd, an Indonesian official said.
EDIBLE OIL SUPPLY REMAINS STABLE IN CHINA
16/1/06 ZHENGZHOU (Asia Pulse) - Despite decrease of import of soybean oil, by nearly one million tons and that of rapeseed oil, by 120,000 tons, China's consumption of oil crops for extracting oil increased as a whole in the 2004/2005 crop year, thus increasing the supply of edible oil as a whole in the year.
India-Asean differences over FTA continues
16/1/06 (Business Standard India) - Differences between India and Asean countries continue over how much bilateral trade should be covered by a proposed free trade agreement.
13/1/06 BUKITTINGGI (Asia Pulse) - Indonesia and Malaysia will cultivate oil palm on some 17,000 ha of land in the Dharmasraya region in West Sumatra beginning next month under a joint venture between PT Andalas Agro Group, a company set up by Indonesia`s Tri Nugraha Thohir (TNT) and Malaysia`s TSH Resources Bhd, an Indonesian official said.
Felda plans alternative crop for settlers
14/1/06 KUALA LUMPU (The Star) - Felda Holdings Bhd expects to invest at least RM100mil to develop an alternative crop as part of efforts to diversify the income source of its settlers, said chairman Tan Sri Dr Mohd Yusof Noor.
Base Prices for Palm Products Adjusted
5/1/06 (Reuters) - Indonesia has raised the base export prices of some palm oil products, Trade Minister Mari Pangestu said on Thursday (5/1/06).
INDONESIA'S CRUDE PALM OIL PRICE EXPECTED TO RISE IN FEB & MAR
13/1/06 JAKARTA (Asia Pulse) - Executive Director of Indonesia's Joint Marketing Office of PT. Perkebunan Nusantara (PT.PN), Bagas Angkasa predicted that the price of crude palm oil (CPO) on the domestic market would increase in February and March, 2006, due to declining output and increasing demand, and a plan to build biodiesel factories in Asia and Europe.
Palm Stearin Defies Broader Palm Oil Mkt Weakness
12/1/06 KUALA LUMPUR (Dow Jones)--Palm stearin prices are quietly rallying amid concerns of a supply shortage, bucking the general weakness in the broader palm oil market. Industry participants say they expect the trend to continue.