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Palm oil dips as India import tax concerns counter weak supply outlook
Palm oil production to exceed 19mil mt next year, says analyst
India's palm oil imports plunge as buyers shift to soyoil
Global vegetable oil production continues to grow
Nation can be net pulp and paper exporter
Tuesday, June 24 2003 - MALAYSIA, which imports RM2.9 billion a year ofpulp and paper, has the potential to become a net exporter by 2008.
Palm oil-for-rail deal with China still on track
Tuesday, June 24 2003 - CHINA Railway Engineering Corp (CREC) is stillinterested in getting paid in palm oil for double-tracking works on thesouthern railway grid, and has not pulled out of the billion-ringgit deal.
Support for use of euro in trade
June 23, 2003 - MANUFACTURERS and exporters should be prepared to acceptpayments in euro, although economists say a widespread switch from the USdollar to euro for trade settlements remains far in the horizon.
‘Use new clones to boost CPO output’
17/6/2003 - THE Government wants local palm oil producers to double theirper hectare crude palm oil (CPO) yield by 2020 to keep up with competitionfrom other edible oils.
India's state trading company to import vanaspati
New Delhi, June 12 (Dow Jones) - The Indian government has allowedstate-owned trading house State Trading Corporation to import vanaspatioil from Nepal at zero duty, according to announcement released Thursdayby the Directorate General of Foreign Trade.
Cauvery Oil Palm unit to go on stream in July
CHENNAI, June 8. THE Chennai-based Shriram Group has taken a significantstake in Cauvery Oil Palm Ltd, which plans to commence operating its oilpalm unit in the first week of July, according to reliable sources.
'Duty difference on CPO and palm oil to create mon
ISLAMABAD (June 15 2003) : Pakistan Vanasapati Manufacturers Association(PVMA) on Saturday termed difference in duty on crude palm oil (CPO) andpalm oil as a major step towards creating monopoly of one industry, which,it cautioned, would encourage direct filling of hard oil to market lowquality ghee.
Tuesday, June 17 2003 - THE Government wants local palm oil producersto double their per hectare crude palm oil (CPO) yield by 2020 to keep upwith competition from other edible oils.
DOE to charge three firms
KUALA LUMPUR, June 13: The Department of Environment expects to chargethree companies here for open burning which had compounded the haze overthe Klang Valley and other parts of the peninsula today.DOE director-general Rosnani Ibarahim said two companies in Shah Alam andanother in Kuala Langat were being investigated for open burning in oilpalm plantations.