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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
China's soybean oil consumption on the rise
10/28/2004 (Asia Pulse) ZHENGZHOU - China's soybean oil consumption hasgrown sharply, with the country's edible consumption of soybean oiltopping 5.6 million tons in 2003/2004.
Develop Renewable Energy To Generate Long-Term Ene
KUALA LUMPUR, Oct 28 (Bernama) -- Energy, Water and CommunicationsMinister, Datuk Seri Dr Lim Keng Yaik, said that Renewable Energy (RE)could be developed further in Malaysia to generate long-term energy needs,including electricity supply.
Chemical derived from vitamin E shows early promis
27/10/2004 (NewsRx.com & NewsRx.net) -- By studying cancer in mice,researchers at the University of Texas at Austin have gained preliminaryevidence that a novel compound that resembles vitamin E halves the size oftumors and the ability of cancer to spread to other body sites.
China September Oil and Oilseed Imports
23/10/04 - Customs data showed China imported 1.45 million tons of soybeanin September, down 51.5%, and 13.95 million tons of soybean from Januaryto September, down 21.2%. China imported 43,000 tons of soyoil inSeptember, down 15.8% and 2.044 million tons of soyoil from January toSeptember, up 70.6%. China imported 354,000 tons of palm oil in September,down 0.5% and 2.757 million tons of palm oil from January to September, up10%.
Indonesia eyes higher palm oil exports to China
27/10/2004 Agra Europe - Higher import quotas by China has spurredIndonesia, the world's second largest palm oil producer after Malaysia, tobelieve it can boost exports to the East Asian giant.
Volta Region holds trade exhibition
Ho,Ghana Oct 27, (GNA)- GRATIS Foundation has initiated moves to helplocal oil-palm producers in the Volta Region to change over from pressingpalm fruits in dug-outs with their feet to using a micro palm fruitdigester. The digester, which is capable of processing five tonnes of palmfruits per hour, costs 2.5 million cedis.
China, ASEAN Agree To Axe Tariffs
26/10/04 (Dow Jones)--China and ASEAN have agreed to eliminate tariffs onmerchandise goods by 2010 as part of ongoing free-trade agreement talks;Beiking Ministry of Commerce says deal to be signed next month andreductions begin next year. That should further open up China to rawmaterials trade from ASEAN. Trade with ASEAN already accounts for morethan 10% of China's total annual trade volume.
Felcra to diversify into herb industry
KUALA LUMPUR, Oct 26 - Felcra Bhd aims to venture into the lucrative herbindustry to diversify its business and reduce its dependency on rubber andpalm oil earnings.
Soybean plantings in Brazil are running behind and
26/10/04 - In Brazil unfavourably dry conditions continued to affectsoybean plantings and early germination in the states of Mato Grosso,Goias and Minas Gerais. However, some good rainfall was received on Oct 24and 25 in southern parts of Mato Grosso do Sul, Parana, Santa Catarina andparts of Rio Grande do Sul. Overall, soybean plantings are running behindand crop prospects have deteriorated due to the detrimental weather inMato Grosso, which was Brazil’s largest soybean producing state last year.ABIOVE estimates this year’s soybean crop at 61.5 Mn T, up from 50.8 Mn Tlast year. Last week we published our crop estimate of 60.0 Mn T andpointed out that this year’s total Brazilian soybean plantings will fallshort of expectations. The first planting estimate of CONAB is scheduledto be released today.ABIOVE reported soybean crushings of members at 2.25 Mn T in Sept, downseasonally from 2.43 Mn T in August. Basis this information, we estimatetotal Brazilian soybean crushings at 2.58 Mn T in Sept compared with 2.80Mn T a month and 2.55 Mn T a year earlier.
