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Malaysia’s palm oil production up 3.51%
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
Local plantation software goes to Indonesia
Tuesday March 1, 2005 - KUALA LUMPUR - TH Group Bhd said its MultimediaSuper Corridor status subsidiary iTech Worldwide Sdn Bhd has received aletter of award from Minamas Plantation to supply and implement its eFLEXPlantware and Millware solutions in the latter's plantations and palm oilmills in Indonesia.
Malaysia:Â Palm Oil Yields High, Rainfall Variable
March 1, 2005Malaysia: Palm Oil Yields High, Rainfall VariableRainfall in Malaysian palm oil regions was above normal during the fourthquarter of 2004 (Oct.-Dec.). It averaged 335 millimeters per monthcompared to normal rainfall of 291 millimeters. For the past 10 quarters,5 quarters have had above normal rainfall and 5 quarters below normal;consequently, the outlook for the remainder of the 2004/05 (Oct.-Sept.)crop is for near normal yields. Yield should be slightly below normal inthe first quarter of 2005 (Jan.-Mar.) but above normal in the second andthird quarters.   Palm oil yields in Malaysia were higher than anticipated in the fourthquarter of 2004, coming in relatively high at 1.14 tons per hectare. Thisis higher than the 1.05 tons per hectare that yields averaged for thefourth quarter during the previous five years. The higher than expectedyield for the fourth quarter of 2004 pushes the projected yield for thetotal 2004/05 marketing year (Oct.-Sept.) to 4.00 tons per hectareaccording to the Malaysian Rainfall Regression Model (MRRM). Three monthsago, the MRRM model was projecting 2004/05 yield at 3.79 tons per hectare.
Asia pushes ahead on biofuel, despite cost
[LatelineNews: 2005-2-25] SHANGHAI - Faced with too many crops and notenough oil, Asian governments are promoting biofuels as a way to cutcostly fuel imports.Ethanol and biodiesel can be more expensive than the oil they replace butthis is a price some governments are willing to bear to ensure an outletfor crop surpluses.
Edible oils imports dip in India
28/02/2005 - Supplies for a range of vegetable oils are set to improvethis year on stronger commodity yields and India cuts edible oil importsfor last month.
India's oilseed output to surpass last year's leve
Friday February 25 NEW DELHI (Reuters) - Oilseed output in India, theworld's largest edible oil importer, is likely to surpass the previousyear's record production of 25.1 million tonnes, an annual report card ofthe economy said on Friday.
Japan-Bangladesh jt venture to build ‘oil pump eco
Monday February 28 2005 - A Japan-Bangladesh joint venture company toproduce bio-diesel, an alternative to petroleum fuel, from unused wastematerials and by-products by using the latest Japanese technology.
MARKET TALK
28/02/05Malaysian Cash Palm Oil Up; Trades Reported(Dow Jones)--Malaysian cash palm oil prices higher in tandem with CPOfutures, soyoil futures markets. RBD palm olein for April/May/June lastoffered +$5 at $397.50/ton. Trades reported at $397.50, $400 earlier; butwith CPO futures now off highs, lack of bullish surprises from exportdata, cash market buyers retreating to sidelines, traders say. Players nowwatching to see if benchmark CPO futures contract can stay above MYR1,400psychological level by end of the day.
Palm oil firms set sight on Tantangan
28/02/05 Philippines - TWO major palm oil companies in Mindanao havereportedly signified to develop Tantangan town in South Cotabato asexpansion area for African oil palm (Elaeis guineensis) production, townofficials Monday said.
Thai government may form company to promote biodie
2/25/2005 Thai Press Reports - The Ministry of Energy is consideringforming a special purpose vehicle (SPV) to promote biodiesel production,Krungthep Turakij reported.
