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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
Palm rises on bargain buying, high stocks cap gains
Malaysia raises August crude palm oil reference price, duty remains at 10%
CPO prices seen between RM4,400-RM4,650 per tonne in August - MPOC
Risda gives ultimatum to smallholders
BOTA, Nov 1 - The Rubber Industry Smallholders Development Authority(Risda) may use the National Land Code to compulsorily acquire the morepoorly managed estates of smallholders if all else fails.Risda chairman Datuk Abd Raman Suliman hinted that the organisation mightresort to such drastic measures should these smallholders refuse to allowtheir estates to be managed by Risda Smallholders Plantations Sdn Bhd(RSPSB).
China's soybean oil consumption on the rise
10/28/2004 (Asia Pulse) ZHENGZHOU - China's soybean oil consumption hasgrown sharply, with the country's edible consumption of soybean oiltopping 5.6 million tons in 2003/2004.
Develop Renewable Energy To Generate Long-Term Ene
KUALA LUMPUR, Oct 28 (Bernama) -- Energy, Water and CommunicationsMinister, Datuk Seri Dr Lim Keng Yaik, said that Renewable Energy (RE)could be developed further in Malaysia to generate long-term energy needs,including electricity supply.
Chemical derived from vitamin E shows early promis
27/10/2004 (NewsRx.com & NewsRx.net) -- By studying cancer in mice,researchers at the University of Texas at Austin have gained preliminaryevidence that a novel compound that resembles vitamin E halves the size oftumors and the ability of cancer to spread to other body sites.
China September Oil and Oilseed Imports
23/10/04 - Customs data showed China imported 1.45 million tons of soybeanin September, down 51.5%, and 13.95 million tons of soybean from Januaryto September, down 21.2%. China imported 43,000 tons of soyoil inSeptember, down 15.8% and 2.044 million tons of soyoil from January toSeptember, up 70.6%. China imported 354,000 tons of palm oil in September,down 0.5% and 2.757 million tons of palm oil from January to September, up10%.
Indonesia eyes higher palm oil exports to China
27/10/2004 Agra Europe - Higher import quotas by China has spurredIndonesia, the world's second largest palm oil producer after Malaysia, tobelieve it can boost exports to the East Asian giant.
Volta Region holds trade exhibition
Ho,Ghana Oct 27, (GNA)- GRATIS Foundation has initiated moves to helplocal oil-palm producers in the Volta Region to change over from pressingpalm fruits in dug-outs with their feet to using a micro palm fruitdigester. The digester, which is capable of processing five tonnes of palmfruits per hour, costs 2.5 million cedis.
China, ASEAN Agree To Axe Tariffs
26/10/04 (Dow Jones)--China and ASEAN have agreed to eliminate tariffs onmerchandise goods by 2010 as part of ongoing free-trade agreement talks;Beiking Ministry of Commerce says deal to be signed next month andreductions begin next year. That should further open up China to rawmaterials trade from ASEAN. Trade with ASEAN already accounts for morethan 10% of China's total annual trade volume.
Felcra to diversify into herb industry
KUALA LUMPUR, Oct 26 - Felcra Bhd aims to venture into the lucrative herbindustry to diversify its business and reduce its dependency on rubber andpalm oil earnings.
