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CPO Futures Extend Loss For Third Day On Weaker Crude Oil Prices
Malaysian Palm Oil Futures Rebound on Stronger Edible Oils and Weak Ringgit
MPOC expects CPO prices to range from MYR4,400-MYR4,650/tonne in July as palm oil supply outlook tightens
Palm oil prices rose on Monday
Use Modern Technology, Oil Palm Smallholders Told
BERA, Pahang, Sept 29 (Bernama) -- Primary Industries Minister Datuk SeriDr Lim Keng Yaik has urged oil palm smallholders to use modern technologyand expertise to reduce production costs.
Copra, palm kernel imports seen hit by new EU rule
Thursday, May 29, 2003, AMSTERDAM - New stricter European Union rules onanimal feed are due to virtually halt Asian shipments to Europe of copraproducts and might also curb imports of palm kernel expellers, industrysources said on Tuesday.
CHINA, P.R. - OILS & FATS DOMESTIC DEMAND
23 Sept, 2003 (Oil World Flash) - The official import data for Augustconfirm very strong domestic demand. Imports were higher than expected forsoybeans and, in particular, again for palm oil. Soybean imports wereboosted to 2.45 Mn T and this brought the total for Oct/Aug 2002/ 03 to arecord 18.4 Mn T or more than double the quantity imported the yearbefore. A slowing-down is now expected for September. But Chinese soybeanpurchases have picked up and we should see increasing US exports to Chinafrom October onward. The latest US export sales report showed newcropsoybean export commitments to China at 1.8 Mn T as of Sept 11, up from1.69 Mn T a year ago. Last week’s Chinese purchases were not yet includedin this figure.
Palm Oil Production To Reach 13 Mln Tonnes This Ye
KUALA LUMPUR, Sept 22 (Bernama) -- Malaysia's palm oil production thisyear is expected to reach 13 million tonnes, said Primary IndustriesDeputy Minister Datuk Anifah Hj. Aman.
World Production Growth Nearly Doubling to 5.6 Mn
19 Sept, 2003 (OIL WORLD FLASH) - Accelerating production growth is mainlyexpected in seed oils whereas a slowdown is in prospect for palm oil.Strong world demand growth of 4.2 Mn T is forecast for next season,against a relatively low increase of 3.1 Mn T in 2002/03. A major burdenfor 2003/04 are the low carry-in stocks of only 12.6 Mn T, down from 13.8Mn T a year ago.
M'sia's Trade With China Increases Three Folds In
KUALA LUMPUR, Sept 18 (Bernama) -- Malaysia's bilateral trade with Chinahas increased three-folds to US$11.5 billion in 2002 from US$3.7 billion(US$1 = RM3.80) in 1995, Deputy Minister of International Trade andIndustry Datuk Seri Kerk Choo Ting said here Thursday.
Many Farmers Still Supportive Of Paraquat Use
KUALA LUMPUR, Sept 19 (Bernama) -- To paraquat or not to paraquat, that isthe question facing many farmers in the country.
Keng Yaik Suggests M'sia-China Produce Own Brand C
BEIJING, Sept 16 (Bernama) -- A Malaysian minister proposes that Malaysianand Chinese businessmen jointly produced their own local brand ofcosmetics using Malaysian-produced palm oleo as its base raw materials.
Sarawak Manufacturers Still Ignorant About Patent
KUCHING, Sept 16 (Bernama) -- The state goverment will embark on severalprogrammes to encourage Sarawak-based manufacturers to patent theirproducts in a bid to ensure local products are not exploited by developedcountries.