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Palm oil stocks expected to climb 15pct in May on increased output
Malaysia’s palm oil production up 3.51%
CPO Futures Ends Higher, Tracking Gains In Soybean Oil Market
Malaysian palm oil higher
Indonesia to supply Russia with 40,000 tons of pal
JAKARTA, May 1 Asia Pulse - Indonesia plans to export 40,000 tons of palmoil to Russia in May-July under a countertrade agreement signed by theleaders of the two countries last week.
About 20 percent general sales tax may be imposed
KARACHI (May 03 2003) : About 20 percent general sales tax (GST) islikely to be imposed by the Federal Government on the import of oilseedsin the coming budget, it is learnt.
Sars delays Asean Vegetable Oils Club meeting
JAKARTA (May 06 2003) : An Asean Vegetable Oils Club (AVOC) meeting,scheduled for May 10 on the resort island of Bali, has been postponed dueto concerns over the deadly Sars virus, an industry official said onMonday.
Indian duty cut
KUALA LUMPUR (May 01 2003) - India, the world's largest edible oilimporter, on Wednesday reduced customs duty on RBD palm oil to 70 percentfrom 85 percent to remove the difference in duty structure among variousimported oils.
Oil World cuts 2002-03 soyabean crush forecast
HAMBURG (April 30 2003) : Hamburg-based newsletter Oil World said 2002/03global soyabean crushings are likely to reach only 169.12 million tonnes,down 500,000 tonnes from its previous estimate on March 14.
Palm oil demand still above production: Oil World
HAMBURG (April 30 2003) : Global palm oil demand is still running aboveproduction despite recent production gains, Hamburg-based newsletter OilWorld said.
India cuts use of local oil for vanaspati
NEW DELHI (April 25 2003) : India, the world's largest importer of edibleoil, has cut the quantum of local oils used in making vanaspati orvegetable ghee, a move which traders said would lead to higher palm oilimports.
Malaysian palm oil intelligence unit nears fruitio
4/23/2003 (Business Times) - MALAYSIA'S plan to set up its very own palmoil market intelligence unit, aimed at reducing dependency on informationgenerated from elsewhere, is now at a very advanced stage.
MOMG Proposes CPKO Export Duty To Be Fixed Between
KUALA LUMPUR, April 22 (Bernama) -- The Malaysian OleochemicalsManufacturers Group (MOMG) has proposed to the government that all CrudePalm Kernel Oil (CPKO), whether East or West Malaysia, whether crude orrefined, should have the same export duty.
