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Palm rises on bargain buying, high stocks cap gains
Malaysia raises August crude palm oil reference price, duty remains at 10%
Stronger demand underpins CPO price
CPO prices seen between RM4,400-RM4,650 per tonne in August - MPOC
Palm oil prices on track to hit RM2,200 a tonne by
April 23 2004 - MALAYSIAN palm oil prices are on track to hit RM2,200 atonne by next month despite a slight hiccup in prices and plans byPakistan to refrain from buying the commodity, analysts said.
Dock-worker strikes damage Brazilian economy, mini
4/21/2004 - Strikes plaguing Brazilian ports cost the country some $500million last week alone, the government said Monday.
American Palm Council launches revised web site
4/21/2004 - Designed to serve both industry and consumers, the newlyre-designed American Palm Council Web site promotes a better understandingof this naturally trans fat free, nutrient rich oil - its health benefitsand applications.
China to subsidize farmers for soybean, wheat, cor
(New China News Agency) Beijing, 19 April - The Chinese Ministry ofAgriculture on Monday [19 April] announced the country will subsidizegrain farmers who plant high-quality soybeans, wheat, corn and rice.According to the ministry, farmers growing high-quality soybeans, wheatand corn will get 150 yuan of subsidy per hectare, and those planting ricewill be subsidized 150 to 225 yuan per hectare.
Indonesia's CPO Production Expected To Rise To 10.
MEDAN, N. Sumatra, April 21 Asia Pulse - Indonesia's crude palm oil [CPO]production is expected to increase from 9.9 million tons in 2003 to 10.4million tons in 2004, chief of the Indonesian Palm Oil ProducersAssociation (GAPKI), Derom Bangun, said.
Lumut Port Handles Nearly One Mln Tonnes Of Cargo
KUALA LUMPUR, April 21 (Bernama) -- Lumut Port handled close to onemillion freight weight tonnes of cargo in the first two months of thisyear, it announced Wednesday.
Sabah Should Speedily Attract Investment In Oil Pa
KOTA KINABALU, April 21 (Bernama) -- Sabah should speedily attractinvestment to its oil palm sector so as not to lose out to neighbouringstates and provinces which are similarly engaged in drawing investment tothis area, the State Assembly was told Wednesday.
Crude Palm Oil Production Up 30.5 PCT For PT Astra
JAKARTA, April 15 Asia Pulse - The CPO (crude palm oil) production of PTAstra Agro Lestari Tbk (AALI) in the first quarter of 2004 increased by30.5 per cent from 140,910 tons in last year's corresponding period to183,956 tons, which includes 71,787 tons (39 per cent) of super CPO.
Indonesia's CPO Industry Needs More R&D Funds: LIP
JAKARTA, April 16 Asia Pulse - Low investment in research into theoleochemical industry has caused sluggish development of the crude palmoil-based industry in Indonesia, a researcher of the Indonesian Instituteof Sciences (LIPI) said.
