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News Admin
 
Date
 20/05/2008
News Provider
 Kamar Nor Aini Bt Kamarul Zaman
News Source
 MPOB Tehran
Headline
 LATEST PALM OIL DEVELOPMENTS IN IRAN

15/05/2008 (MPOB Tehran) – For the period Jan-May 2008, Iran received a total of 158,000 tonnes of bulk palm oil, mostly Malaysian origin. GTC imported three lots 25,000; 20,000 and 25,000 tonnes; while MODALLAL took 2 lots of 10,000 tonnes each; BEHSHAR took 60,000 tonnes and others  8,000 tonnes in Flexi-packaging.


This augured well for Malaysian palm oil bulk exports to Iran, amounting to 250,000 tonnes last year.


Meanwhile, Bank Islam Malaysia (BIM) indicate that it is now ready to accept Iranian LC from two Iranian counterparts -Bank Melli and Bank Saderat Iran. In Addition, Ar-Rahji Bank in Dubai and its branch in Kuala Lumpur are now ready to accept LCs from the same Iranian Banks.


ECONOMICS & INDUSTRY DEVELOPMENT DIVISION
Malaysian Palm Oil Board ( MPOB ) Lot 6, SS6, Jalan Perbandaran, 47301 Kelana Jaya, Selangor Darul Ehsan, MALAYSIA.
Tel : 603 - 7802 2800 || Fax : 603 - 7803 3533