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CPO Futures End Higher On Firmer Oil Prices, Rival Vegetable Oil Futures
SGX-listed palm oil players under pressure as Indonesia’s commodity export overhaul stokes fears
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
In May 2004 Ukrainian imports of palm oil went fur
27/07/04 Ukraine - In May 2004 imports of palm oil went further down alongwith imports of coconut oil. In May 2004 Ukrainian companies purchasedcumulatively 8 ths.t of palm, coconut and palm kernel oil which is one anda half times less than during April. In late May Odessa seaport receivedaround 8 ths.t of palm oil however it will be sold no sooner than June.Moreover, Illichivsk port also received a vessel loaded with 7 ths.t ofpalm oil. Part of the above volumes may be sold to Russian companieshowever the majority of the commodity will be delivered to the Ukrainianmarket.
Pakistan's Edible Oil Imports Rise Due To High Wor
LAHORE, July 27 Asia Pulse - Pakistan's edible oil imports have crossedthe level of Rs31 billion (US$532million) during the fiscal year 2003-04in the wake of inflated prices at the international level. However, thisfigure is expected to come down as edible oil prices have fallen in theglobal market.
Standing crop yields under threat as northwest rem
7/27/04 Oilmandi - The north-western region, which is facing adrought-like situation, will remain largely dry until the middle of thisweek with conditions still not favourable for monsoon, a weather officialsaid on Monday.
CPO Should Become Indonesia's No.1 Export Commodit
PALEMBANG, July 26 Asia Pulse - President Megawati Soekarnoputri said hereSaturday crude palm oil (CPO) should become Indonesia's premier commodityin the future.
EU oilseed output seen at 17.74mt
7/26/2004 Agra Europe - The EU-25 is expected to produce 17.74 milliontonnes of oilseeds in 2004, an increase of 17.7% over the 15.07mtharvested in last year, according to COCERAL. The old EU-15 is seenaccounting for 1.63mt of the increase, while the New Member States (NMS)are forecast to account for 1.04mt.
Ministry Mulls Setting Up Institute For Local Expe
KUCHING, July 26 (Bernama) -- The Plantation Industries and CommoditiesMinistry is looking into the possibility of setting up a traininginstitute to develop a good pool of local expertise and to reducedependency on foreign labour in the palm oil industry.
MPOB Perkenal 43 Item Baru Untuk Dikomersilkan
KUALA LUMPUR, 26 Julai (Bernama) -- Lembaga Minyak Sawit Malaysia (MPOB),agensi pembangunan dan penggalakan minyak sawit utama kerajaan,memperkenalkan 43 item berasaskan minyak sawit tahun ini untukdikomersilkan.
Deficient monsoon may hit summer oilseeds crop in
7/23/2004 (BERNAMA) NEW DELHI-- Delayed monsoon and deficient rains in themain oilseeds growing areas of Madhya Pradesh, Maharashtra and Gujarat,are likely to affect adversely the 'Kharif' (summer) oilseeds production.
Differential duty may lead to misuse of oil import
7/22/04 (Oilmandi) - India - COMPLEXITIES in the duty structure of thevegetable oils industry, and objections arising there from, seem to benever ending. Differences in customs duty, quality of imported materialand in the integrity of players all make decision-making tough for revenueofficials.
