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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
Asian edible oils: overbought India sidelined, eye
KUALA LUMPUR (June 11 2003) : India, the world's largest edible oilconsumer, is overbought and unlikely to buy more oil in June, puttingpressure on volatile palm oil prices, traders said on Tuesday.
China buys large quantities of soyaoil due to high
HONG KONG (June 10 2003) : China has bought large quantities of soyaoildue to high domestic vegetable oils prices while a few soyabean cargoesare stranded at ports amid worries Beijing is trying to curb bean imports,traders said on Monday.
Ghee makers get triple relief: will consumers bene
KARACHI (June 08 2003) : Three incentives have been provided to vegetableghee industry in the national budget for 2003-04, and market sources areof the view that ghee makers would pass on the benefit of these incentivesto the consumers.
India expected to purchase more Malaysian palm oil
Thursday, June 12 2003 - INDIA is expected to buy more palm oil fromMalaysia in the next few months as its crop output dropped because of adeadly heatwave that has killed more than 1,000 people and dried upplantations.
Malaysian palm oil exports rise
KUALA LUMPUR (June 11 2003) : Some traders believed Malaysia's palm oilexports for the whole of June could fall to 800,000 tonnes, from 1.08million tonnes in May, because main buyers like India and China are wellcovered.
MTrans In Monorail Joint Venture Talks In UAE
DUBAI, June 10 (Bernama) -- Malaysia's MTrans Holdings and an unnamedbusiness group in the United Arab Emirates (UAE) are discussing a jointventure to set up a manufacturing facility for monorail and public busesin the UAE.
Oil seeds exempted from duty
ISLAMABAD (June 08 2003) : The government has slashed custom duty on crudepalm oil from Rs 9500 per MT to 9000 per MT, while oil seeds have been.
Indian oilseed output to rebound in 2003: USDA Att
WASHINGTON (June 07 2003) : The US Agriculture Department's attache in NewDelhi released the following report, dated May 29, on the production ofoilseeds in India. Attache reports are not official USDA data.
Coconut and oil palm plantation progress reviewed
KARACHI (June 06 2003) : A meeting of the Task Force Committee was held toreview the progress made in respect of decisions taken in its earlier fourmeetings regarding enhanced production of coconut and oil palm plantationin the coastal belt of Sindh.
