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NEWS ADMIN

Mahamad Rodzi Abdul Ghani

DATE

21/10/2004

NEWS PROVIDER

Mahamad Rodzi Abdul Ghani

NEWS SOURCE

Foodchina.com

CATEGORY

HEADLINE

China Agreed to Lower Some Palm Oil Tariff
16/10/04- China and Indonesia have reached an agreement to lower some palmoil tariff. The 24 degree Malaysian palm oil FOB quotes for Novembershipment are at $415-418 per ton this week, so the duty-paid cost will be4,630-4,670 Yuan per ton, greatly lower than that in September.