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MPOB Monthly Report Imminent: Malaysia's Palm Oil Stockpiles May Surge Past 2.6 Million Tonnes as Strong El Niño Fuels Distant-Month Supply Cut Expectations
Strong El Niño forecast signals fresh upside for palm oil prices
CPO futures end mostly higher on soybean oil gains
Palm oil maintains its price advantage over soybean oil, but only through the end of summer
World Needs U.S. Grain Supplies, Says Market Analy
6/2/2005 Delta Farm Press - The United States has ample, exportablesupplies on hand in several major commodities at the same time worldsupplies in those commodities are falling. This could be positive for U.S.exports of rice, corn and soybeans in 2005-06, according to a marketanalyst.
GNC launches satiety supplement
5/23/2005 - Leading US supplement retailer GNC is rolling out the firstproduct containing the satiety ingredient Olibra, a combination of palmand oat oil fractions developed by Sweden’s LTP Lipid TechnologiesProvider, reports Dominique Patton.
M'sian Exporters To Benefit From New European Unio
KUALA LUMPUR, May 25 (Bernama) -- Malaysian exporters will benefit fromthe new European Union (EU) Generalised System of Preferences (GSP)scheme, said Herve Jouanjean, deputy director-general of the EuropeanCommission's External Relations Directorate General.
P&G may buy $2 bln in Indonesia acids, alcohols
JAKARTA, May 26 (Reuters) - Procter & Gamble Chemicals will purchase up to$2 billion worth of fatty acids and fatty alcohols from Indonesia over thenext 10 years, a company official said on Thursday."The export value of the contract over 10 years will depend on marketconditions. My estimates are, over 10 years the value of the contract willprobably (be between) $1.7-$2.0 billion," said Martin Herrington, managingdirector for P&G Chemicals Asia.
Thai Olefins Bd Approves $119M Invest In Petchem P
Friday May 27, 2005, 2:23 pm - BANGKOK (Dow Jones)--The board ofpetrochemical producer Thai Olefins PCL (TOC.TH) has approved a plan toinvest in a $119 millionproject to produce methyl ester and fatty alcohol,the company said Friday. The project is expected to have a debt-to-equityratio of 1:1.
Thailand's Jan-Mar Import Data For Major Ag Commod
Thursday May 26, 11:40 AM BANGKOK (Dow Jones)--The following table showsThailand's imports of soybeans, soymeal, pulp and palm oil duringJanuary-March 2005, compared with imports in the same period in 2004.
UIE, Swedish group to merge vegetable oils and fat
Friday May 27, 2005 - UNITED International Enterprises Ltd (UIE), aDenmark-based company controlled by United Plantations Bhd’s Tan Sri B.Bek-Nielsen, and Swedish group Melker Schorling AB have proposed to mergetheir specialty vegetable oils and fats manufacturing operations.
Asia Slow To Venture Into Specialty Fats
Wednesday May 25, 2005, 8:11 pm KUALA LUMPUR (Dow Jones)--Asia may be aleader in the production and consumption of palm oil, but the region isstill lagging in the supply and usage of specialty products derived fromthe commodity like fat-based animal feed.
Oil palm cultivation to create income for South
PATTANI, May 24 (Thailand) - The government is heavily promoting thecultivation of oil palms in Thailand's southern border provinces as ameans of generating local incomes in the region currently lacking ineconomic opportunities, the deputy governor of Pattani Province, Mrs.Phannee Kaensuwan, revealed today.
