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AI boom is turning Malaysia’s palm oil estates into data centres
Malaysia lowers December crude palm oil reference price, maintains duty at 10%
CPO Futures Snap Two-Day Gains To Close Lower
Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
Business Booming For Specialty Palm Oil Makers
Tuesday April 12, 6:23 AM KUALA LUMPUR (Dow Jones)--Palm oil's attractiveprice and health concerns linked to the use of rival oils are boostingdemand for the tropical oil in the food industry, but Malaysian companiesneed to venture downstream and provide better packaging options tocapitalize on the upsurge, a maker of palm oil-based products said.
Call For Govt Agencies To Set Up Reference Centre
KUALA LUMPUR, April 12 (Bernama) -- Minister of International Trade andIndustry Datuk Seri Rafidah Aziz has proposed that all ministries andgovernment agencies set up a "reference centre" for the private sector tochannel their complaints.
Govt targets to produce bio-diesel up to three bil
BANGKOK, Apr 12 (TNA) - The Thai government plans to promote moreplantations of oil palms to increase the country's capacity of bio-dieselproduction up to three billion litres a year over the next seven years,according to Agriculture and Cooperatives Minister Sudarat Keyuraphan.
M'sia Should Be Leader For High Value Added Produc
KUALA LUMPUR, April 12 (Bernama) -- Malaysian palm oil industry shouldemerge as the market leader for a wide range of high value-added products,International Trade and Industry Minister Datuk Seri Rafidah Aziz saidTuesday.
Malaysia Golden Hope Unit Buys Frying Oil, Fats Bu
Tuesday April 12, 2005, 8:19 pm - KUALA LUMPUR (Dow Jones)--Golden HopePlantations Bhd. (1953.KU) Tuesday said its unit Hudson & Knight (Pty)Ltd. plans to acquire the frying oils and fats businesses of a company inSouth Africa for MYR11.41 million.
Oil palm output to hit peak by 2008: Guthrie
April 12 2005 - KUMPULAN Guthrie Bhd’s aggressive replanting programmewill bear full results in three years’ time when the younger oil palmtrees reach maturity.
RP palm oil deficit by ’10: 255,000 MT
2005-04-12 - THE Philippines needs to develop new areas for palm oilplantations because palm oil importation is expected to drain its coffersof about P2 billion in 2010, an expert in the palm oil industry said.
Strong Sales Lead To Record US Soybean Exports
4/12/05 - The forecast for U.S. soybean exports in 2004/05 was increased953,000 metric tons from the March estimate to a record 29.4 MMT, duetostronger than expected export sales throughout the month of March,according to a USDA crop circular posted Monday on the ForeignAgricultural Services Website.During March U.S. export commitments rose 2.3 MMT, up 1.5 MMT from lastyearand 1.4 MMT from 2 years ago. A large part of this increase came fromChina where commitments increased 859,000 MT and the EU where commitmentsrose 472,000MT during March.U.S. exports to China as of March 31 are already at a record 11.1 MMTwith456,000 MT of sales still on the books.Export commitments to China are up 3.3MMT from last year's record exportsof 8.2 MMT.Along with strong exports toChina, U.S. exports to the EU have reboundedsignificantly and are about 1 MMT higher than last year, but lag MY 2002exports by almost 1 MMT.A drought-reduced crop in Brazil has caused the soybean prices there toremainstrong thus minimizing the seasonal gap between U.S. and Brazilianprices.This along with freight advantages have allowed U.S. prices to remain morecompetitive than they normally would have been in both China and the EU,causingU.S. sales to these countries to remain strong.The Brazilian soybean crop forecast fell to 54 MMT in April down 12 MMT or18 percent from the initial forecast of 66 MMT last fall. According toBrazil's Institute of Geography and Statistics (IBGE) the most significantdecline occurred in the Brazilian state of Rio Grande do Sul, where thecrop is now estimated at only 3.1 MMT, down steeply from this season'sinitial government estimate of 9.2 MMT.This year the state of Rio Grande do Sul has reportedly suffered from theworst drought in 62 years.
Vitamin E may ease menstrual pain, says Iranian st
4/12/2005 The Guardian - Taking vitamin E eases the severe period painsthat affect thousands of teenage girls, research suggested yesterday.
