|
CPO price forecast to climb for rest of the year
Positive growth for plantation sector, amid rising CPO prices
Global Stearic Acid Prices Climb Amid Palm Oil Shortages and Rising Production Costs
Malaysian palm oil extends losses amid China tariff fears, weak demand
MARKET TALK: China May Take 3 Mos To Absorb Olein
09/12/04 (Dow Jones)--China RBD palm olein stocks estimated above 200,000tons currently; assuming daily offtake of around 2,500 tons, may take morethan 3 months for the stocks to be fully absorbed, says Shanghai Pansun.Ample supply likely to limit room for large purchases by Chinese importersin the medium-term, traders say.
MARKET TALK: No Impact Expected From USDA Soy Repo
09/12/04 (Dow Jones)--USDA 2004-05 soybean crop report due Friday unlikelyto influence edible oil prices as no big changes in figures expected,analysts say. USDA likely to wait until January report for majoradjustments. USDA report typically closely watched by soyoil market, whichin turn affects direction of palm oil, palm oil traders say.
Myanmar invests millions of US dollars in palm oil
09/12/2004 THAI PRESS REPORTS - In order to earn foreign exchange andprovide sufficient edible oil, crude palm oil factories have beenestablished in Tanintharyi Division. Among the target of establishing 16factories, 12 factories have been completed. The expected installationcost is about 40 million kyats for locally made machinery and 2,000million kyats for imported machinery.
New Japanese technology aims to improve production
09/12/2004 THAI PRESS REPORTS - A Japanese scientist has unveiled thelatest technology to produce ethanol and bio-diesel to help replace theuse of fossil fuels in the near future.
Russia increases import duty for packaged palm oil
12/08/2004 13:54 - According to press-service of Russian government, theHead of Government Mikhail Fradkov on December 6 signed a resolution"About Amendments into Customs Code of Russian Federation Regarding PalmOil".
S'wak Govt Expects Positive Trade Balance To Conti
KUCHING, Dec 9 (Bernama) -- Sarawak has continuously registered tradesurpluses since the 1970's and the trend is expected to continue, stateSecond Finance Minister Datuk Seri Wong Soon Koh said.
Kulim Malaysia In JV To Produce High-Yielding Oil
KUALA LUMPUR, Dec 7 Asia Pulse - Kulim (Malaysia) Berhad has teamed upwith TopPlant Laboratories Sdn Bhd (TopPlant) to produce high-yielding oilpalm clones by plant tissue culture technology.
Malaysian firm to supply palm oil to Bangladesh ma
7/12/2004 KUALA LUMPUR -- Malaysian-based company, Azmin and Sivam Sdn Bhd(A&S), is looking to export edible oils on a monthly basis to Bangladeshfrom the middle of this month.
Russia`s government hikes palm oil import duties t
06 December 2004 19:18 - Russia's government imposes the raw palm oilexport duty of 15% of customs value but at least 0.12 euro per 1 kg. Therespective ruling was sealed by Russia's Prime Minister Mikhail Fradkov onDecember 2, the government press service said. The previous duty equalled5%. New rates will be in forth during 9 months.
