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Palm oil prices could reach US$1,500/tonne as B50 and El Niño tighten supply
Malaysia: Palm oil prices rise ahead of key May production report
Palm oil prices rose on Monday
Malaysian palm oil exports to face pressure from Indonesian push
Malaysia Books US$1.58 BLN Trade Surplus In Nov
KUALA LUMPUR, Jan 13 Asia Pulse - Malaysia posted a trade surplus of RM6.0billion (US$1.58 billion) in November 2004, down from RM6.6 billion forthe same month in the previous year, the Statistics Department said.
Malaysia To Explore New Palm Oil Markets
PENANG, Jan 16 (Bernama) -- Malaysia will explore new markets in Europe toreduce its palm oil stock surplus totalling 1.3 million tonnes.
Market Talk: MPOB Forecasts 2005 CPO Output 14.24M
17/1/05 (Dow Jones)--MPOB forecasts 2005 Malaysian CPO production at 14.24million tons, up 2% from 2004. Traders say figures within expectations asmost players expecting production growth to moderate this year due tocyclical reasons; add, however, that final 2005 figures probably higher asMPOB typically conservative in its projections.
MoE to promote biodiesel
Thailand Jan 16 - IN a bid to reduce the country’s reliance on oilimports, the Ministry of Energy is looking to encourage motorists toswitch to biodiesel in a plan which will be unveiled to the Cabinettomorrow.
Pakistan's edible oil imports slow, prices soft
KARACHI (January 13 2005): Pakistan's edible oil imports remained slowover the past week due to high domestic cottonseed availability, anddealers said on Wednesday they would remain low in the near term. "Theprices are going down due to the high domestic cottonseed supplies, whichare just going on and on," said Akber Puri, a dealer in the southern portcity of Karachi. "Local cottonseed is a much cheaper option as compared toimported oil, thus the imports are also slow," he said.
Soft prices to lift India's soy oil imports
Mumbai, January 17, 2005 - India's soy oil imports are set to grow sharplythis year due to lower global prices, but edible oil imports by theworld's largest buyer should be below earlier estimates due to a goodsummer oilseeds crop, a top trade official said on Monday.
Thailand launches project to increase palm tree pl
1/17/2005 - FNWEB.COM Bangkok - The Ministry of Agriculture andCooperatives has launched a project to increase palm tree plantations onunoccupied land in Thailands southern region. The purpose is to producemore alternative energy and to reduce the need to import oil.
Indon co-operation sought to stabilise CPO price
Wednesday January 12, 2005 - MALAYSIA is keen to seek Indonesia’sco-operation to stabilise the price of crude palm oil in the world marketby managing the supply of the commodity together since both countriesaccount for 85% of the world's production.
BMD Crude Palm Oil Futures Dip On High Stocks, Poo
10/1/05 KUALA LUMPUR (Dow Jones)--Crude palm oil futures on the BursaMalaysia Derivatives ended sharply lower Monday, following the release ofdata showing a rise in inventories at the end of 2004 and other figuressuggesting the potential for further increases in the coming weeks.
