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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
Pakistan's palm oil prices stable, imports seen sl
KARACHI (April 01 2004): Pakistan's palm oil prices were stable over thepast week on ample stocks, and no major import orders were expected in thenear term as world prices remained high, dealers said on Wednesday.
Procter & Gamble, Kaneka finalize deal to produce
Chemical Week - 03/31/04 : Procter & Gamble (P&G) Chemicals and Kaneka(Osaka) says they have finalized a joint agreement to commercialize NodaxH, a biodegradable polyhydroxyalkanoate plastic for use in fiber,nonwoven, and packaging applications (CW, June 25, 2003, p. 26). Kanekaholds composition of matter and processing patents for the material, poly(3-hydroyxbutyrate.co.3-hydroxyhexanoate) (PHBH). P&G holds patentscovering processing and applications.
Thailand may center national palm oil industry aro
04/11/04 : The Agriculture and Cooperatives Ministry plans to make Krabiprovince a centre for palm oil production under a 25-year plan.
DG (Shipping) age norms for tankers - Vegetable oi
15/4/04 - Though the Director General of Shipping has defined crude andproduct tankers for the purpose of applying the age norms, it has heldthat product tankers even if they carry edible oils will be banned if theydo not conform to the guidelines.
G. Hope set to concentrate on oleochemical busines
April 9 2004 - GOLDEN Hope Plantations Bhd plans to further exploit itsoleochemicals business to strengthen the company’s foothold in the palmoil industry.
Plantations see higher average CPO price this year
The Star, 8/4/04 - OIL palm plantation companies are hopeful the averagecrude palm oil (CPO) price this year will surpass last year's average ofRM1,544 per tonne. Industry and market players are targeting RM1,600 toRM2,201.
Rupee’s rise a boon for construction and palm oil
Wednesday April 7, 2004 - THE sharp appreciation of the Indian rupeeagainst the US dollar is working to the advantage of Malaysian palm oilexporters and construction services companies.
Second vegetable oil tanker pier for Penang Port
April 8 2004 - PENANG Port Sdn Bhd (PPSB) is adding a second vegetable oiltanker pier to its wharf this year to meet increasing demand for vegetableoil handling facilities at the port.
Exports Of Chemical And Chemical Products Increase
KUALA LUMPUR, April 5 (Bernama) -- Total exports of chemicals and chemicalproducts amounted to RM11.3 billion in 2003, an increase of 21.6 percentover 2002, while exports in January 2004 stood at RM1.2 billion, Ministerof International Trade and Industry Datuk Seri Rafidah Aziz said.