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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
Palm Oil Stocks Decline 10 Pct In October
KUALA LUMPUR, Nov 13 (Bernama) -- Total palm oil stocks decreased 10.27percent to 875,083 tonnes in October 2003 from 975,266 tonnes in September2003, the Malaysian Palm Oil Board (MPOB) said.
China And India Might Retaliate Over Railway Contr
PETALING JAYA, Nov 11 (Bernama) -- Primary Industries Minister Datuk SeriDr Lim Keng Yaik Tuesday said that there might be retaliation from Chinaand India over the handling of the contracts for Malaysia'sdouble-tracking railway project.
No Price Hike For Palm Oil Based Cooking Oil, Says
KUALA LUMPUR, Nov 12 (Bernama) -- The Cabinet Wednesday decided that therewill be no price hike for palm oil based cooking oil in spite of the callfor a price increase by local edible oil manufacturers following higherprice of crude palm oil.
Rafidah: Bilateral Ties Shouldn't Be Based On Cont
KUALA LUMPUR, Nov 12 (Bernama) -- International Trade and IndustryMinister Datuk Seri Rafidah Aziz says countries should not base theirbilateral relationships on the basis of contracts given to theircompanies.
Suppliers Out To Create Artificial Shortage, Says
PETALING JAYA, Nov 11 (Bernama) -- Suppliers are believed to be trying tocreate an artificial shortage of cooking oil in the market in order to askfor a price increase, Primary Industries Minister Datuk Seri Dr Lim KengYaik said Tuesday.
Escalating CPO Price Puts Cooking Oil Suppliers In
KUALA LUMPUR, Nov 8 (Bernama) -- Although the current escalating price ofcrude palm oil (CPO) augurs well for the planters, plantation sector andthe country economically, it has placed the local cooking oil suppliers ina dilemma to cater the local consumers' need.
India's E-oil Imports Hits New High of 5.15 Mln To
NEW DELHI, Nov 4 (Bernama) -- Edible oil imports by India from November2002 to October 2003 oil year, reached a new high of 5.15 million tonnes,up from 4.43 million tonnes previously.
Indonesia hopes to boost palm oil sales to China
Tuesday, November 11 2003 - JAKARTA, : Indonesian officials and crude palmoil (CPO) producers plan to visit China next week in a bid to boostexports of the commodity, Agriculture Minister Bungaran Saragih said.
Bullish Soybean Market Boosts Local Palm Oil Price
BANGI, Nov 10 (Bernama) -- The current rise in palm oil price is mainlyinfluenced by the bullish soybean market due to shortage of supplyfollowing unfavourable weather in the United States, said Malaysian PalmOil Board's (MPOB) director-general, Datuk Dr Yusof Basiron.