|
Malaysia's total palm oil stocks surge 24.54% to 3.51mil tonnes in Sept
CPO Futures Close Lower On Weaker Soybean Oil Prices
Palm oil under near-term pressure as rising stocks outweigh El Niño fears
Palm oil falls to 11-week low on weak exports, rising output
Drought Results in Lower Palm Oil Production in Th
BANGKOK, July 14 Asia Pulse - The lingering drought has had a majoreffect on Thailand's fruit production and crude palm oil yields, accordingto the country's largest exporter of crude palm oil, Thai Univanich PalmOil Pcl (SET:UVAN).Univanich, one of Thailand's leading oil palm plantation and fruitprocessing companies, said in a release to the Stock Exchange of Thailandtoday that the severe drought, which started in December 2004, hadresulted in a decline in fruit production and oil yields in the secondquarter of 2005.
Germany's Cognis shifts oleochem unit to Malaysia
KUALA LUMPUR/FRANKFURT, July 13 (Reuters) - German specialty chemicalsfirm Cognis is transferring its oleochemicals business to an existingjoint venture with Malaysian palm oil maker Golden Hope Plantations , thecompanies said on Wednesday.A source close to the deal said the Malaysian company will invest about200 million ringgit ($52.6 million) into the expanded joint venture. ACognis spokeswoman said financial details would not be released.
Golden Hope to Build Palm Kernel Crushing Plant in
8/7/2005 Business Times (Malaysia) - GOLDEN Hope Plantations Bhd willconstruct a RM16.7 million palm kernel crushing plant in Bintulu, Sarawak,to capitalise on the recent high price of the commodity.
JBS Resources Is Not Charterer Of 'Palm Chem'
12/07/05 JOHOR BAHARU (Bernama) -- A Singapore-based company, JBSResources Pte Ltd has denied any involvement in an incident where twoships carrying palm oil, "Samudra Sindo 8" and "Bash Aranda 7" which werealleged to have been hijacked by another ship early this month.
Local seedlings for oil palm growers
14/07/05 Kota Kinabalu (Sabah Daily Express) - Sufficient locally testedoil palm planting materials are crucial in attaining good production inSabah, said Sawit Kinabalu Berhad Group Managing Director Salim Mohammad.
Malaysian Palm Oil Giant Golden Hope Buys Stake in
14/7/2005 Business Times (Malaysia) - GOLDEN Hope Plantations Bhd willbuy a portion of Germany's Cognis Deutschland GmbH & Co KG global oils andfats business in a deal believed to be worth almost RM300 million.
Palm Oil Industry Needs To Upgrade Facilities
14/07/05 KUALA LUMPUR (Dow Jones) -- Growing concerns about food safetyare putting not only the quality of palm oil, but also the machinery andequipment used in the processing, storage and transport of the oil, underincreasing scrutiny, a senior Malaysian industry official said.
Russia: 2005 tropical oil imports
13/07/2005 (Agri Market) - Russia increased tropical oil imports in May2005 by 1.7 times compared to April. Total May imports of tropical oils toRussia made 58,600 tonnes. Coconut imports in the mentioned periodincreased by 2.2 times making up 12,300 tonnes. Pal kernel oil importsincreased by 16.7 times compared to April and made 3,800 tonnes.
China’s tariff removal to boost palm oil demand
Monday July 4, 2005 (The Star) - THE elimination of the import tariffrate quota on edible oil in China from next year, coupled with risingconsumption of the product there, augur well for palm oil, which hasgained popularity in the country.
