Exact word Contain word      |     Advanced Search
   
News 24991 to News 25000 of about 26837 news within page 2500
24991. 16/09/2004
   
9/15/04 INDIA (Oilmandi) - A CUT in the tariff value or base price onwhich import duty is levied on edible oils is now almost certain.
24992. 16/09/2004
   
9/15/04 INDIA (Oilmandi) - Consumers will pay less for edible oils afterWednesday. The government has decided to lower the tariff value or thebase price on which duty is imposed on edible oils to stem inflationarypressures. The new rates will be announced on Wednesday.
24993. 16/09/2004
   
15/09/04 INDIA (Oilmandi) - The government has decided to reduce thetariff value for edible oil and the duty entitlement passbook schemebenefits for steel exporters while maintaining the present level ofbenefit for the textile sector.
24994. 16/09/2004
   
15/09/04 NEW DELHI (Dow Jones)--India's monthly edible oil imports inAugust were the highest so far in the current oil marketing year endingOct. 31, the Solvent Extractors' Association of India, or SEA, saidWednesday.Edible oil imports in August totaled 599,738 metric tons compared with384,444 tons in August 2003.The rise in edible oil imports in August was led by a sharp rise incrude soyoil imports, which touched 203,143 tons compared with 80,800 tonsa year earlier.Imports of refined palm olein also increased sharply, to 79,030 tonscompared with 43,676 tons in August 2003.Crude palm olein imports in August were also the highest so far thismarketing year, touching 58,541 tons compared with 21,222 tons a yearearlier.India's crude palm oil imports in August totaled 232,604 tons, comparedwith 217,941 tons in August 2003.Sunflower oil, which is sparingly imported by India, touched 20,580tons in August compared with 10,008 tons in August 2003.While SEA didn't comment on the reasons for the increase in edible oilimports in August, traders said imports traditionally rise from August toOctober, as there is very little domestic supply of edible oil left inthese months.These months also see a lot of demand because of a series on Hindufestivals, all of which are accompanied by family and community feasts.Total edible oil imports from November 2003-August 2004 were at 3.3million tons, almost a million tons lower than the 4.2 million tonsimported November 2002-August 2003.Industry observers said total edible oil imports this marketing yearare likely to be around 4.2 million tons compared with 5.1 million tonslast marketing year.
24995. 16/09/2004
   
15/09/04 NEW DELHI (Dow Jones)--The Indian government Wednesday cut tariffvalues on imports of edible oils by around $50 a metric ton as part of itscontinuing efforts to curb inflation rate.
24996. 16/09/2004
   
15/09/04 JAKARTA (Dow Jones)--Indonesia is expected to produce more than12 million metric tons of crude palm oil in 2005, Agriculture MinisterBungaran Saragih told reporters Wednesday.Bungaran said that by next year, Indonesia will be able to match themight of Malaysia, the number one producer of palm oil in the world now."The area under (oil palm) cultivation has gone up to 4.6 millionhectares from around 2.3 million hectares in 1999," he said, addinginvestor interest in oil palm has been high because of lucrative prices ofthe commodity. In comparison, Malaysia had around 3.8 million hectares ofoil palm at the end of last year."The farmers and investors responded well by using their own money toinvest in plantations" without the government providing any incentives forinvestment, Bungaran said.He said the country is on track to produce an estimated 11 milliontons of crude palm oil this year. According to estimates from theIndonesian Palm Oil Producers Association, or Gapki, Indonesia produced9.9 million tons of palm oil in 2003."In 2005 we can match Malaysia. Production could be more than 12million tons," Bungaran said.Private forecasts have pegged Indonesian palm oil exports around 6.5million tons this year.He said there are now six companies supplying high quality oilpalmseeds to farmers as against just three companies earlier.
24997. 16/09/2004
   
JAKARTA, Sept 15 Asia Pulse - State-run Board of Logistics (Bulog) saidpayment of US$192 million for a number of Russian jet fighters Shukoi andother military hardware will be fully settled next month.
24998. 15/09/2004
   
10/09/04 - The procurements of imported soyoil by China for shipmentsafter October have remained at low level and no new contracts have beensigned according to the new standard, so the imports will drop to a lowlevel in October-November. The demand for grade 2 soyoil and rapeseed oilhas declined in China, the increases in prices since early September havestopped and it is forecast the price is difficult to rise greatly beforethe Mid-autumn Festival and the National Day. The domestic demand for palmoil has declined rapidly as the temperature has dropped greatly in NorthChina, making the prices drop continuously, and the current palm oilimports have reduce.
24999. 15/09/2004
   
MUMBAI, SEPT 12: The Global Agriculture Information Network (GAIN) of theUS Department of Agriculture in its fresh estimates of the worldagriculture production has revised global wheat production upwards. India’s soybean area has been revised upward as the largest producing state,Madhya Pradesh, has reported maximum sowing till date.
25000. 15/09/2004
   
NEW DELHI, Sept 14 Asia Pulse - Vanaspati (vegetable ghee) and vegetableoils industry on Monday demanded immediate change in import regime for"crude" palm oils (CPO) saying that a massive 95 per cent of the importswere being subjected to a 10 per cent higher customs tariff after beingcategorised as "refined".
[ first ]    [ prev ]    [2495]   [2496]   [2497]   [2498]   [2499]    2500  [2501]   [2502]   [2503]   [2504]   [2505]    [ next ]      [ last ]

ECONOMICS & INDUSTRY DEVELOPMENT DIVISION
Malaysian Palm Oil Board ( MPOB ) Lot 6, SS6, Jalan Perbandaran, 47301 Kelana Jaya, Selangor Darul Ehsan, MALAYSIA.
Tel : 603 - 7803 5544 || Fax : 603 - 7803 3533