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CPO price forecast to climb for rest of the year
CPO FUTURES HIT TWO-YEAR HIGH ON BULLISH SENTIMENT, STRONG EXPORTS
Positive growth for plantation sector, amid rising CPO prices
Global Stearic Acid Prices Climb Amid Palm Oil Shortages and Rising Production Costs
Asian nations to sign trade deal salvaged after Ba
PHUKET, Thailand (AFP) - Asian foreign ministers salvaged a free tradedeal jeopardised by Bangladesh's sudden withdrawal, pledging to throw opentheir markets by abolishing tariffs before 2017, officials said.
CPKO Futures To Be Launched On Feb 20
KUALA LUMPUR, Feb 6 (Bernama) -- Malaysia Derivatives Exchange Bhd (MDEX)will launch the crude palm kernel oil (CPKO) futures contract on Feb 20making it the second attempt to introduce CPKO futures in Malaysia.
India may cut duty on processed palm oil
February 9 2004 - INDIA may cut its 70 per cent import duty on processedpalm oil to alleviate high domestic prices and provide relief toconsumers.
The slowing-down of soybean crushings will also cu
Feb 5, 2004 - In the USA the severe tightness in soybean supplies and theneed to sharply cut soybean exports and crushings has created a verybullish scenario which should drive prices to new contract highs in themedium term.
India's E-Oil Imports Up 91 Percent In January
NEW DELHI, Feb 5 (Bernama) -- India's edible oil imports witnessed a surgeagain in January, after a slowdown in December last year, proving wrongall predictions that imports would come down following good oilseeds crop.
Indonesia's Makin To Invest $47 MLN In New Oil Pal
JAKARTA, Feb 4 Asia Pulse - Plantation company PT Makin Group will investRp400 billion (US$47.6 million) to open 20,000 hectares of new oil palmplantations in East Kalimantan this year, a local official said.
Malaysia's 2003 trade surplus hits new high
KUALA LUMPUR, (AFP) - Malaysia's exports in 2003 breached the 100billion-dollar mark for the first time, driving the trade surplus up 45.7percent year-on-year to a record high of 75.04 billion ringgit (19.75billion dollars).
Palm oil prices are currently undervalued relative
Thursday 29 January 2004(Oil World Flash) - Soya oil prices will besupported by the lower than expected soybean crushings in the 10 Asiancountries affected by the poultry crisis. We have already seen a pickup inChinese purchases of palm oil and soybean oil recently. The Argentineexport basis of soybean oil has strengthened lately. But while Chicagofutures were down sharply, flat prices showed only little change duringthe week in review.
Indonesia's palm oil export to go down in 2004
JAKARTA, Jan. 20 (Xinhua) -- Indonesia palm oil export in 2004 is expectedto be down, as the government plans to impose export tax of 60 percent,said the Indonesian commission of palm oil on Tuesday."The Indonesia's palm oil market this year is expected to decline," saidRosediana Suharto of the commission.
