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News 26231 to News 26240 of about 28436 news within page 2624
26231. 11/01/2005
   
10/1/05 KUALA LUMPUR (Dow Jones)--Crude palm oil futures on the BursaMalaysia Derivatives ended sharply lower Monday, following the release ofdata showing a rise in inventories at the end of 2004 and other figuressuggesting the potential for further increases in the coming weeks.
26232. 11/01/2005
   
KARACHI (January 11 2005): An edible oil refinery with 300,000 tonnescapacity will be set up at Port Qasim under a joint venture betweenPakistan and Singapore, and the ground breaking of the project will beperformed shortly. A spokesman of the joint venture company, Waheed WilmarHoldings Private Limited told Business Recorder on Monday that the totalcost of the project was Rs 565.184 million, which would be shared 45percent by the Pakistani investor and 55 percent by the Singapore firmWilmar.
26233. 11/01/2005
   
BOMBAY (January 11 2005): India's summer oilseeds crop is expected tobounce back and match a year earlier's output, after erratic rains causeda drop in the winter harvest, traders said on Monday. India, which imports40 percent of its annual needs of 11 million tonnes of edible oil, is theworld's fourth-largest vegetable oil producer with an annual turnover ofabout $15 billion.
26234. 11/01/2005
   
KARACHI (January 06 2005): Pakistan edible oil imports are likely toremain low in the near-term due to an increased supply of domesticcottonseed, putting pressure on prices in the local market, dealers saidon Wednesday. Pakistan expects output of cottonseed, one of its majorsources of vegetable oil, to hit 580,000 tonnes this season, up from theprevious year's 400,000 tonnes on the back of a bumper cotton crop in the2004/05 (April-February) crop year.
26235. 11/01/2005
   
7/1/05 OIL WORLDOilseeds
26236. 10/01/2005
   
7/1/05 KUALA LUMPUR (Dow Jones)--Crude palm oil futures on the BursaMalaysia Derivatives ended slightly lower Friday amid late speculativeselling ahead of the release of a key supply and demand report next week.
26237. 10/01/2005
   
1/7/2005 Food Ingredient News - Premium Vegetable Oils Sdn Bhd, aMalaysian specialty fats manufacturer, has developed a trans freestructural fat that is suitable as a margarine blend for the manufactureof fatty acid poly- and mono-unsaturated margarines.
26238. 10/01/2005
   
1/7/2005 - World Commodity Forecasts Food Feedstuffs and Beverages -Stocks of oilseeds will be rising strongly in 2004/05, especially in theUS, where carryover stocks of soybean are estimated at 12.5m tonnes--theirhighest since 1985/86.
26239. 07/01/2005
   
Dow Jones Jan 02 6:13 PM - Mesdaq Market-bound Ecofuture Bhd expects itsoil palm biomass business to contribute 80% to its net profit for thefinancial year ending Dec 31, 2006 from 60% now when production of its newproducts starts.
26240. 07/01/2005
   
Mkt Awaits MPOB Data6/1/05 KUALA LUMPUR (Dow Jones)--Crude palm oil futures on the BursaMalaysia Derivatives ended little changed for a second straight dayThursday amid sluggish trading as an absence of fresh leads continued tosap interest.The benchmark March CPO moved within a very narrow MYR9 band throughoutthe day before closing MYR1 lower at MYR1,356 a metric ton.Wednesday, the contract ended only MYR2 higher.Earlier in the week, the market fell sharply to reach near 16-monthlows, but since then, prices have been range-bound amid subdued tradinginterest.Thursday's trading volume was a poor 1,838 lots, far below usual levelsof at least 4,000 lots."Sentiment is still quite bearish, but the market is a bit oversold atthe moment so people are backing off and waiting for some fresh leads," atrader said.Traders said market players will be watching soyoil futures in thenear-term for direction as there are no supply and demand data due thisweek.Usually, a crop report from private surveyor Palmis Management Bhd. is atalking point for market players during the first week of each month.However, the industry's sole forecaster has ceased issuing its reports.Market participants are now waiting for official December supply anddemand figures from the government-run Malaysian Palm Oil Board. The dataare due midday Monday.Market expectations are for the MPOB to report a rise in stocks inDecember due to high production.Stocks stood about 1.4 million tons at end-November and are speculatedto have touched record levels of over 1.5 million tons by end-2004,traders said.They said high stocks, if confirmed by the MPOB figures, could pressurepalm oil prices to test the psychological support level of MYR1,300 in thelonger term.Open interest in CPO futures totaled 27,369 lots at the end ofWednesday, down slightly from 27,630 lots the previous day.The cash market was also flat, mirroring the performance of the futuresmarket.RBD palm olein for January/February/March delivery was last offeredunchanged at $387.50/ton.Trading activity was slow, though there was talk of an unconfirmed tradefor January at $387.50/ton, traders said.January CPO, locally delivered, was offered at MYR1,370/ton, down MYR5.
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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