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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
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.
India's June vegoil imports seen up
BOMBAY (June 13 2003) : Edible oil imports by India, the world's largestbuyer, are expected to surge in June from a year due to poor availabilityof domestic oils, traders and industry officials said on Thursday.
Indonesia sees higher palm oil output and exports
KUALA LUMPUR (June 17 2003) : Indonesia's crude palm oil production couldtouch nearly 10 million tonnes this year, up nine percent from last yearbecause of higher yields, an Indonesian industry official said on Monday.
