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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
CPO price strength could dissipate through end-2024, says BMI
Positive growth for plantation sector, amid rising CPO prices
China soya imports heading for 20 million tonnes i
HONG KONG (July 23 2003) : China's soya imports are reaching 20 milliontonnes or more this year, almost double that in 2002, despite plans tocurb soyabean imports lasting about a month from late September, traderssaid on Tuesday.
Coconut and palm plantation for monsoon planned
KARACHI (July 24 2003) : The Pakistan Coconut and Oil Palm PlantationSociety (PCOPS) is preparing a comprehensive plan for monsoon treeplantation.
Indian palm oil importers show new interest in buy
KUALA LUMPUR (July 24 2003) : Edible oils importers in India, the world'slargest consumer, have shown fresh interest in palm oil following recentfalls in futures prices, dealers said on Wednesday.
Malaysian palm oil at 14-month low
KUALA LUMPUR (July 24 2003) : Malaysian palm oil futures sustained a bigsell-off on Wednesday, falling to their lowest level in 14 months on longliquidation, fears of rising output and a weakening soyaoil market,traders said.
Oil World forecasts larger global oilseed crop
HAMBURG (July 23 2003) : Global 2003/04 production of the seven mainoilseeds is likely to rise to 340.4 million tonnes from 319.2 milliontonnes in the previous season, Hamburg-based newsletter Oil World said.
Pakistan's palm oil traders hold orders
KARACHI (July 23 2003) : Pakistan's palm oil market was sluggish in thepast week as importers said their positions for the month were alreadycovered and they wanted world prices to settle down before placing neworders.
Analysts see lower, weather-hit EU oilseeds crop
PARIS (July 12 2003) : Extreme weather conditions - humidity in theautumn, frost and then dry weather in the spring - are likely to lead to aslump in oilseed yields this year which could cancel out a rise in area,analysts said on Friday.
Asian oils: palm oil choppy, refiners seen holding
KUALA LUMPUR (July 15 2003) : The Malaysian Palm Oil Board (MPOB) said onSaturday the country's crude palm oil output rose 3.8 percent to 1.22million tonnes in June from a month.
China to sell soyabean reserves
BEIJING (July 15 2003) : China's powerful National Development and ReformCommission said on Monday it would sell 800,000 tonnes of soyabeans fromstate reserves to meet huge demand in the domestic crushing industry.
