|
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
Exim Bank Of India To Expand Its Credit Line In Ma
MUMBAI, Oct 22 (Bernama) -- The Export and Import Bank of India (EXIMBank) is currently in talks with one of Malaysia's commercial bank toexpand its second credit line worth US$10 million (RM38 million), itschairman and managing director, T.C Venkat Subramaniam said.
IOI expects another record year
Friday October 22, 2004 - IOI Corp Bhd is looking to turn in anotherrecord performance for its current financial year ending June 30, 2005,spurred by a projected 15% increase in crude palm oil (CPO) production byits plantation division.
PPB in JV to develop oil palm plantation in Kalima
21/10/04 (The Edge Daily) - PPB Oil Palms Bhd’s subsidiary Kalimantan PalmIndustries Sdn Bhd (KPI) has entered into a joint venture (JV) with PTRimba Harapan Sakti and PT Salawati Makmur to develop about 32,200ha inCentral Kalimantan, Indonesia.
Sudan recalls continue in UK
21/10/2004 - A popular food oil used extensively in food formulations isthe latest product-type to be pulled from the UK supermarket shelves asthe country’s food watchdog identifies the illegal carcinogen Sudan IV ina batch of palm oil brands.
WWF slams Australia over environment
Friday October 22, 05:24 AM - Humanity's reliance on fossil fuels, thespread of cities, the destruction of natural habitats for farmland and theexploitation of the oceans are outstripping the planet's capacity to cope,the conservation group WWF said.
Malaysian, French ports sign agreement to make Mar
19/10/04 BUSINESS TIMES (MALAYSIA) - PORT Klang Authority (PKA) said itssister port relationships with several ports around the world have workedto increase trade and promote shipping and logistic services betweenMalaysia and the countries concerned.
New facility offers first nationwide access to bio
10/21/2004 ALAMOSA, Colo. USA -- Blue Sun Biodiesel(R) announces thenation's first high-volume commercial biodiesel blending terminal andintegrated biodiesel processing plant. High-performance biodiesel blendswill be available from the terminal beginning this November.
China Agreed to Lower Some Palm Oil Tariff
16/10/04- China and Indonesia have reached an agreement to lower some palmoil tariff. The 24 degree Malaysian palm oil FOB quotes for Novembershipment are at $415-418 per ton this week, so the duty-paid cost will be4,630-4,670 Yuan per ton, greatly lower than that in September.
Imported Palm Oil and Crude Soyoil Price Down
16/10/04 CHINA - The 24 degree palm oil quotes have been at 5,500-5,550Yuan per ton in Tianjin early this week, with port stocks owned by severallarge refineries and crushers, and the sale has been slow due to the dropof temperature, and dropped to 5,350 Yuan per ton late this week. Theimported crude soyoil prices have been at 5,750-5,780 Yuan per ton inTianjin and 5,800-5,850 Yuan per ton in Jiangsu and Shandong.
