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News 28231 to News 28240 of about 29314 news within page 2824
28231. 11/04/2003
SAO PAULO (April 11 2003) : Brazil will likely surpass the United Statesas the No 1 producer of soyabeans before the end of this decade underpresent market conditions, soya analysts said on Wednesday.
28232. 11/04/2003
HAMBURG (April 11 2003) : Weaker global wheat and soyabean prices thisyear were forecast on Thursday by the AIECE European working group oncommodity prices.
28233. 11/04/2003
JAKARTA (April 11 2003) : Indonesia's palm oil stocks are at a criticallevel due to higher usage and healthy demand from India and China, traderssaid on Thursday.
28234. 11/04/2003
KUALA LUMPUR, April 10 (Reuters) - Malaysia will sign a $368 millioncontract to buy battle tanks from Poland on Friday, a government officialtold Reuters on Thursday.The contract is for the supply of 48 battle tanks from Poland's ForeignTrade Enterprise Bumar Ltd.In March 2002, Malaysia agreed in principle to buy Polish PT-91 battletanks, a modified version of Russia's T-72. The PT-91, weighing 45 tonnes,has a 60 km per hour top speed and state-of-the-art firepower with day andnight vision.A source close to the deal said 30 percent of the price will covered bya counter-trade involving the sale of Malaysian palm oil.Malaysia Mining Corp Bhd (MMC), the flagship listed company ofbusinessman Syed Mokhtar Albukhary, will also sign a contract on Friday tomaintain the battle tanks for 15 to 20 years, according to a statementfrom the company.MMC has interests in Malaysia's largest independent power producerMalakoff Bhd and a fast-growing transhipment facility Port of TanjungPelepas.
28235. 11/04/2003
KUALA LUMPUR (April 11 2003) : Cargo surveyor SGS said Malaysian palm oilexports for April 1-10 stood at 314,145 tonnes, down from 355,514 forMarch 1-10 and below market expectations of between 360,000 and 375,000tonnes.
28236. 10/04/2003
KUALA LUMPUR, April 9 (Reuters) - Malaysia said on Wednesday it would keepthis year's duty-free crude palm oil quota at 1.3 million tonnes, while itit expected demand for the exports to rise after the war against Iraqended.Malaysia, the world's largest palm oil producer, imposes an export taxon crude palm oil, or CPO, to protect its refiners and ensure localsupplies. The tax starts at 10 percent on prices above 650 ringgit ($171)a tonne.Primary Industries Minister Lim Keng Yaik, speaking with reporters,confirmed the quota news, which industry sources had revealed earlier onWednesday.Lim said Malaysia looked forward to a speedy end to the war."Then," Lim said, "the demand for palm oil will increase quitesubstantively."So far, he added, the war had not dented exports to Malaysia'sneighbours despite a small rise in transportation and insurance charges."There was not very much effect on the delivery of palm oil toneighbouring countries."Several palm oil traders told Reuters over the weekend more than400,000 tonnes of palm oil-based vegetable ghee and 100,000 tonnes of palmoil were poised to enter Iraq as part of the United Nations oil-for-foodprogramme for Iraq.Traders said Malaysia's palm oil exports were expected to rise tobetween 360,000 and 375,000 tonnes in the first 10 days of April from355,514 tonnes for March 1-10 as reported by cargo surveyor SGS.The minister said the exports quotas were given to plantation companieslocated in the states of Sabah and Sarawak on Borneo island. Traders saidthe quotas were given to seven companies.Lim said the government discouraged the exports of CPO from PeninsularMalaysia because of refineries' overcapacity there."I cannot allow too much crude palm oil to come out from PeninsularMalaysia," he said.The government had so far released 1.2 million tonnes of the quotas andwas retaining the remaining 100,000 tonnes, Lim said.Malaysia produced 11.9 million tonnes of PO in 2002, up from 11.8million tonnes in 2001. This year's production is estimated to total 12million tonnes.Malaysia's palm oil exports are mostly in the form of by-products, suchas RBD palm olein and stearin.
28237. 09/04/2003
JOHOR BAHARU, April 2 (Bernama) -- Thirteen plantations, in the state,owned by the Federal Land Development Authority (Felda) scheme operatorswere sold to other parties including financial institutions.
28238. 09/04/2003
ISLAMABAD (April 08 2003) : The Ministry of Agriculture plans to increasethe import of the edible oil this year as the demand for the products isgrowing, an official said.
28239. 09/04/2003
SAO PAULO (April 08 2003) : Brazil's crop forecast agency said it wouldlikely raise its 2002-03 soyabean crop estimate to about 50.5 milliontonnes as harvest data shows better-than-expected yields.
28240. 09/04/2003
JAKARTA, April 7 (Bernama) -- Malaysia's plantation giant, KumpulanGuthrie Bhd, will allocate about US$100 mill. over the next two years toincrease the output of its oil palm operation in Indonesia.
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