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Sales tax on palm kernel oil could increase input costs of Malaysian oleochemicals players — CIMB Securities
Patanjali gets 1.5 mn palm oil seeds from Malaysian state agency under 5-year deal
Palm oil to enjoy lower tariffs with new European trade deal
Rethinking taxation in the palm oil industry
Costs rise for food makers as paper trail on sudan
05/04/05 - Europe’s Standing Committee on the Food Chain and Animal Health(CCFAC) endorsed a Commission proposal to add curcuma (turmeric) andvirgin palm oil to the list of food products which must be certified asfree of sudan dyes (sudan I, II, III and Scarlet Red/Sudan IV), in orderto gain entry into the EU.
Philippine Palm Oil Industry's Supply Gap Set to R
DAVAO CITY, April 7 Asia Pulse - The Philippine Palm Oil DevelopmentCouncil, Inc. (PPDCI) painted a bleak picture of the Philippines palm oilindustry as "supply gap" is projected to increase.PPDCI Secretary Abdulla Pendatun said the supply gap scenario is expectedto continue following increases in domestic demand but a sharp reductionin local production.
RI crude palm oil exports rose by 35.63% last year
06/04/05 The Jakarta Post, Jakarta - Indonesia exported 8.66 million tonsof crude palm oil last year, or up about a third from the previous year's6.39 million tons, thanks to better production, according to data from theCentral Statistic Agency (BPS) and Gapki.
Felda to set up RM25m biotech centre
The Federal Land Development Authority (Felda) is setting up a RM25million biotechnology centre in Negri Sembilan to conduct research intotissue culture and develop commercially viable nutraceutical andpharmaceutical products.
Hovid To Set R&D Centre In India And China Next Ye
KUALA LUMPUR, April 5 (Bernama) -- Pharmaceutical product manufacturerHovid Bhd is targeting to set up a production or research and development(R&D) centre in India and China by next year.
Sierra Leone sees hope in oil palm aid
Wednesday 06 April 2005, 0:35 Makka Time, 21:35 GMT
Golden Hope’s new plant to boost Viet production c
April 2 2005 - GOLDEN Hope Plantations Bhd has opened its new plant in HoChi Minh City, Vietnam.
India Govt to invest 500 mln rupees to promote oil
4/4/05 Oilmandi - The government has decided to promote oil palmcultivation in the country in a bid to reduce dependence on vegetable oilimports. A 500-million-rupee outlay has been earmarked for this projectunder the Tenth Plan (2002-07), a senior agriculture ministry officialsaid Monday.
MARKET TALK
4/4/05Oilworld Sees Sharp M'sia Palm Oil Stks Fall(Dow Jones)--Oilworld estimates sharp drop in Malaysian palm oil stocks to1.38 million tons at end-March, traders say. Stocks were 1.54 million tonsat end-February. Oilworld citing robust March exports, especially toEuropean Union for biofuels sector, as reason for lower stocks, traderssay. Official March stocks number due from MPOB early next week. Sharpdecline in stocks would be positive for palm oil prices, but unlikely totrigger significant upward move as already largely factored into market bynow, traders say.
