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News 26791 to News 26800 of about 28626 news within page 2680
26791. 15/09/2004
   
9/14/2004 - Feeding the Growth in Aquaculture to 2015: The Scope for NovelNutritional Products is the first comprehensive study to link the growthin fish production and demand to global and regional opportunities forformulated feed, vegetable proteins, vegetable oils and feed additives inthe aquafeed industry.
26792. 15/09/2004
   
SHARJAH, Sept 14 Asia Pulse - Indonesia is likely to lose 50 percent ofits export potential valued between US$140 million and US$160 million toNigeria following the latter's ban on the import of 41 commodities, atrade official said.
26793. 14/09/2004
   
KUALA LUMPUR (Dow Jones)--Asian cash palm oil prices were steadyMonday, with products in Malaysia moving higher amid positive marketsentiment following the release of bullish supply and demand figures.Friday, cargo surveyors SGS (Malaysia) Bhd and Intertek TestingServices issued export estimates that were well above market expectations.The friendly export data were followed by another bullish reportMonday from the Malaysian Palm Oil Board, which said palm oil stocks fellin August, contrary to expectations of an increase.So far, the rise in palm oil prices has been modest, as profit takingby long position holders in the futures market has capped gains.However, some traders said they expect palm oil prices to hold steadyand gradually move higher in the coming weeks because there was still keendemand from consumers."In the cash market, the buyers are there. They are just waiting forthe right time to come in," a trader said."One thing is for sure - the market isn't going to move downwards,given the kind of figures we've had."At 0754 GMT, the benchmark November CPO contract on the Bursa MalaysiaDerivatives was at 1,498 ringgit ($1=MYR3.8) a metric ton, up MYR6 fromFriday.Earlier Monday, the MPOB said Malaysian palm oil exports in Augustrose 9.4% on month to 1.22 million tons.The MPOB said August palm oil output rose 3.8% on month to 1.32million tons, while end-August stocks fell 2.7% on month to 1.26 milliontons.The figures were considered friendly, as market players were expectinga rise in stocks.Private forecaster Palmis Management Bhd. had estimated end-Auguststocks at 1.305 million tons.The MPOB report came on the heels of estimates released Friday byIntertek and SGS which showed exports growing by nearly 50% on month toaround 450,000 to 470,000 tons in the Sept. 1-10 period.The estimates were well above market expectations of around 400,000tons.In the cash market, crude palm oil for September shipment was atMYR1,590/ton, up MYR5 from Friday, delivered basis in South Malaysia.RBD palm olein for September shipment was offered at $457.50/ton, up$2.50 from Friday.RBD palm oil for September shipment was offered at $447.50/ton, alsoup $2.50 from Friday.Prices weren't available for Indonesia because of a national holiday.Trading resumes Tuesday.
26794. 14/09/2004
   
13/09/04 BEIJING (Dow Jones)--China imported 12.5 million metric tonsof soybeans from January to August this year, down 15.1% on year, XinhuaNews Agency reported Monday, citing customs figures.Imports of edible oils totaled 4.49 million tons in the first eightmonths, up 43.4% on year, the report said.The report didn't give any explanation for the fall in soybean importsor rise in vegetable oil imports, but said China's demand for rawmaterials is rising.
26795. 14/09/2004
   
9/13/2004 - DEPARTMENT FOR THE ENVIRONMENT, FOOD AND RURAL AFFAIRS NewsRelease (352/04) issued by the Government News Network on 13 September2004
26796. 14/09/2004
   
KUALA LUMPUR, Sept 13 (Bernama) -- Malaysia's crude palm oil production(CPO) in August increased 3.82 percent to 1.319 million tonnes from 1.270million tonnes in July, due to strong rise in Sabah and Sarawak.
26797. 14/09/2004
   
On 9 September 2004, Bob Hartmayer, Chief Operating Officer (COO), openedthe world's largest vitamin E plant in Sisseln, Switzerland. "Through thisinvestment, DSM demonstrates its strong commitment to the industry and ourcustomers, and once again confirms our position as the global leader inNutritional Ingredients", said Bob Hartmayer, COO of DSM NutritionalProducts. The world's most advanced vitamin E manufacturing facilityfurther strengthens the DSM Nutritional Products position as world marketleader in the production of vitamins for the feed, food, pharmaceuticaland cosmetics industries.
26798. 14/09/2004
   
13/09/04 CHICAGO (Dow Jones)--Soybean crush rates for August in theNational Oilseed Processors Association's monthly soybean crush report areexpected to fall from the previous report to about 101.8 million bushelsdue to a seasonal decline in available stocks at the end of the marketingyear, according to a survey of industry analysts.NOPA's August soybean crush report will be released Tuesday at 0730 CT(1230 GMT).In the previous NOPA report, crush for July was pegged at 108.660million bushels. Estimates for August crush ranged from 99.5 million to103.5 million bushels.Dan Cekander, market analyst for Fimat in Chicago, said while themonth of August typically is on the lower end of processing rates due toseasonally tight stocks at the end of the marketing year, which ends Sept.1, the crush rate was not as low as what was previously forecast."If they truly were able to crush at that rate, it seems to indicatethat 2003 soybean production was underestimated because the processorswere able to originate a significant amount of beans during August. Thatshould have been the tightest month supply wise," Cekander said.Dan Basse, industry analyst at AgResource in Chicago, agreed thatwhile the reduction is seasonal, it was not as severe as what was thoughtto be needed at the start of the year. Some help also came from earlyharvested soybeans in the southern U.S. that were shipped to crushingfacilities farther north."To some degree, the Delta beans helped relieve some of the tightness.But the USDA understated the crop. We found more beans than we thought wehad," Basse said.Earlier in the year, processors had anticipated crush rates down to 70million to 80 million bushels for the end of the year.Meanwhile, soyoil stocks are seen falling to around 902 millionpounds, down from the July NOPA oil stocks figure of 1.023 billion, as aresult of continued strong domestic demand coupled with smaller output dueto reduced crush.The NOPA report includes figures only from processors that are membersof the organization, and consequently reports a smaller number than theU.S. Census Bureau's crush report that follows later in the month.
26799. 14/09/2004
   
13/09/04 CEDAR FALLS, Iowa (Dow Jones)--The U.S. Department ofAgriculture Monday announced that it will donate 3,000 metric tons ofcrude degummed soybean oil and 330 tons of soy products (textured soyprotein, soy protein concentrate and defatted soy flour) to Planet Aid,Inc., a private voluntary organization, for use in Mozambique, accordingto information from the U.S. Department of Agriculture's ForeignAgricultural Service web site.This is a three-year program, providing the same commodities in thesame amounts each year.Planet Aid will sell the soybean oil and use the proceeds to educate200,000 people in HIV/AIDS-affected communities about the disease andprevention methods. Funds will also be used to recruit 450 primary schoolteachers, implement an agricultural development program, financiallysupport the direct distribution of the donated soy products to 2,900HIV/AIDS-impacted families, and establish 50 soy-based canteens in ruralcommunities that will feed HIV/AIDS patients free and charge a minimalprice for others.The donation will be made under USDA's Food for Progress program,administered by the Foreign Agricultural Service. The supply period isfiscal year 2004.The Food for Progress program provides for USDA donations ofagricultural commodities to needy countries to encourage economic oragricultural reforms that foster free enterprise. This year, USDA expectsto donate around 615,000 tons of U.S. commodities to 33 countries underFood for Progress.
26800. 14/09/2004
   
13/09/04 - CEDAR FALLS, Iowa (Dow Jones)--China's total vegetable oilimports are forecast at 7.0 million tons, a slight increase from lastyear, the U.S. Department of Agriculture said Monday in its Oilseeds:World Markets and Trade report.Although oil consumption should continue to rise supported by incomegrowth, vegetable oil import growth is expected to slow due partly tolarger production in the country. Vegetable oil production is forecast at13 million tons, up 11% from the previous year, due mainly to largerforecast production of soybean oil, cottonseed oil, and rapeseed oil.Imports are expected to account for nearly 35% of total vegetable oilconsumption. China is estimated to account for 19% of global oilconsumption in 2004/05, the report said.China's vegetable oil imports in 2003/04 are estimated to reach 6.8million tons, up nearly 27% from the previous year, the USDA noted. Thesharp increase in imports is primarily attributed to high soybean pricesin the spring that made oil crushing unprofitable and encouraged importsof oil. Anticipation of the implementation of new standards for crudesoybean oil has also accelerated imports before the new standards go intoeffect on Oct. 1, 2004. Vegetable oil imports are mainly from Argentina(soy) and Malaysia (palm).
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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