Showing posts with label CPO. Show all posts
Showing posts with label CPO. Show all posts

Tuesday, June 9, 2009

List of Malaysian Crude Palm Oil Exporters


FELDA MARKETING SERVICES SDN BHD

Business address: Tkt. 5, Balai FELDA

Jalan Gurney Satu
54000 Kuala Lumpur
Telefax number: 603-26928569
Telephone number: 603-26935888
E-mail address: idris.i@felda.net.my

sfaris.sa@felda.net.my
Website address: www.felda.net.my
Products: Palm Oil

Palm Kernel Oil

Palm Kernel Cake
E-mail address: zubir.r@felda.net.my

kamar.m@felda.net.my
Products:




- Shortening
- Margarine
- Vegetable Ghee/Vanaspati
- Vegetable Fats


GOLDEN HOPE PLANTATION BERHAD

Business address: 9-31 Floor, Menara PNB

201-A, Jalan Tun Razak
50400 Kuala Lumpur
Telefax no. 603-21613290
Telephone no: 603-21619022
E-mail address: eddiechiam@goldenhope.com.
Product: Palm Oil


IOI EDIBLE OILS SDN BHD.

Business address: Level 8, Two IOI Square

IOI Resort
62502 Putrajaya, Malaysia
Telefax number: 603-89432899/ 89432877
Telephone number:
603-89478888 [General]
603-89478668 [Trading]
E-mail address: peter.lim@ioi.po.my
cfyong@ioi.po.my
Website address: www.myioi.com
Products: Palm Oil

Palm Kernel Cake


KL-KEPONG EDIBLE OILS SDN BHD
Business address:
Wisma Taiko, No. 1
Jln S.P. Seenivasagam ,30000 Ipoh, Perak
Postal address
P.O.Box 17, 81707 Pasir Gudang,
Johor.
Factory address
PLO 251, Jln Besi Satu
Pasir Gudang Industrial Estate
81700 Pasir Gudang, Johor
Telefax number: 607-2513161
Telephone number: 607-2511402 / 2514310
E-mail address: kleo@klk.com.my
Products: Palm Oil

Palm Kernel Oil
Palm Kernel Cake


KUMPULAN GUTHRIE BERHAD
Business address: Wisma Guthrie, Kumpulan Guthrie

21, Jln Gelenggang, Damansara Heights
50490 Kuala Lumpur.
Telefax no. 603-20940682
Telephone no: 603-20945646 / 5629
E-mail address: khairodin@guthrie.com.my
Product: Palm Kernel Oil


KWANTAS OIL SDN BHD.
Business address: Suite 1-6-W9

No. 1, Jalan Centre Point
88000 Kota Kinabalu, Sabah.
Factory address
Batu 2 1/2, Jalan Kastam Baru
91120 Lahad Datu, Sabah
Telefax number: 6089-882399
Telephone number: 6089-881188
E-mail address: isi@kwantas.com.my
Products: Palm Oil

Palm Kernel Oil
Palm Kernel Cake


PGEO GROUP SDN BHD

Business address: No. 3, Level 33

Johor Bahru City Square, Jalan Wong
Ah Fook, 80000 Johor Bahru, Johor
Telefax no. 607-2514970
Telephone no: 607-2688210
E-mail address: marketing@pgeogroup.com.my
Product: Finished Product

- Shortening
- Margarine
- Vegetable Ghee/Vanaspati
- Dough Fats

Palm Oil

Palm Kernel Oil

Palm Kernel Cake


RENTAK HASIL SDN BHD
Business address: Lot 40A, SEDCO Industrial Estate

Kolombong, off Jalan Lintas
88450 Kota Kinabalu, Sabah
Telefax no. 088-439376/435660
Telephone no: 088-435661 / 662
E-mail address: rentas@tm.net.my
Product: Palm Oil

Tuesday, June 2, 2009

Indonesian Crude Palm Oil Tax No Threat to Exports


20/05/2009 (Flex News), Jakarta - A recent rally in the price of crude palm oil will trigger Indonesia's export tax in June after a seven-month freeze, but the move may not discourage shipments because of tight global supplies, industry officials say.
Indonesia, the world's biggest producer of the commodity, could export 16 million tonnes of palm oil this year, or about 78 percent of output, up from around 14.29 million tonnes estimated in 2008, the Indonesian Palm Oil Board has said.
The export tax, which is partly aimed at safeguarding domestic supplies of the raw material for cooking oil, could further boost palm prices and keep exports attractive.
"Whatever the price is, whatever the tax is, we will keep exporting," said Derom Bangun, the board's vice-chairman. "We will see export tax in June but that should have been taken into account in our export forecast."
The palm oil price has surged 55 percent this year, supported by fears over tightness in global vegetable oils supplies amid falling stocks in second biggest producer Malaysia, and low yields of competitor soyoil in South America.
"I am afraid we are currently in a sellers' market for vegetable oils," an influential industry analyst, Dorab Mistry, told Reuters. "Most consumers are sleeping through this. I don't like the export tax but we have to be realistic. It is coming." Mistry, head of vegetable oil purchasing at Indian conglomerate Godrej International, said early this week the palm price could surpass a key psychological level of 3,000 ringgit ($846) per tonne soon as Asian buyers hunger for more of the vegetable oil at a time of low stocks and weak output. [ID:nKLR431910]
According to a finance ministry decree, Indonesia will charge a minimum tax rate of 1.5 percent on crude palm oil exports if the reference price is at $701-$750 per tonne.
The government uses the average spot palm oil prices in Rotterdam, Europe's vegetable oils market, as its reference price.
The tax rate will be adjusted every month in accordance with palm price movement. A maximum tax rate of 25 percent will be applied if the reference price is higher than $1,250 per tonne. -Reuters-

Monday, May 25, 2009

Crude palm oil may surge 20% - Business Standard


19/05/2009 (Business Standard) - “Prices of crude palm oil (CPO) are expected to surge 20 per cent to surpass 3,000 ringgit later this year, on falling output in the mainland production centres that are Malaysia, Indonesia, Argentina and Ukraine,” a paper presented by Dorab Mistry, director of Godrej International said in Jakarta on Monday.

Production of CPO should begin to recover in Malaysia and Indonesia from August onwards thereby, prolonging production recovery. Mistry estimated 2009 Malaysian CPO production at around 17.5 million tonnes (MT), about 250,000 tonnes lower than the previous year. However, production in Indonesia may also marginally confine to 21.5 MT from the earlier estimates of 22 MT.

Moreso, soy crop in Argentina is estimated to reduce by 10 MT from the previous estimates of 43 MT. This means the supply may remain constraint till actual scene emerges in August this year.

“Given the fact that production will begin recovery in August, we must conclude that in second half of 2009, palm will be a part of the solution and not part of supply problem,” Mistry said.

The paper estimated lower than threshold stocks limit of 1.4 MT of palm oil, equivalent to 25 days of global consumption. Lower stocks will continue to hound market sentiment resulting in price escalation until replenishment of inventory by November 2009. Even beyond November, the Malaysian palm oil inventory is unlikely to exceed 1.8 MT, Mistry said.

Monday, May 18, 2009

Indonesia – Bio-diesel exports to rise 20%

Indonesia’s exports of crude palm oil-based bio-diesel in 2009 are projected to rise around 20% from 490,000 mt in 2008, Asia Pulse reports.

The second deputy chairman of the Indonesia Palm Oil Council (DMSI) said: "exports will rise because demand will also rise as oil supply will probably drop quite a bit." He said the export rise needed to be supported by improving port infrastructure and in view of that he called on the government to immediately provide special pipe network for the distribution of the commodity. "The distribution network of palm oil-based biodiesel must be made exclusively because it could not mix with that for distributing CPO or coconut oil," he said. (18 May 2009)

Wednesday, May 13, 2009

Malaysia – CPO prices unlikely to be depressed

Malaysia’s Palm Oil Council chief executive officer said that Crude Palm Oil prices are unlikely to be depressed this year with various strategies put in place to curtail excess supply and keep prices from coming down, Bernama reports.

However, the pricing will still depend on the supply and demand fundamentals as well as the movement of the petroleum market, he said. "We have set up bio-fuel blending together with Indonesia. So, coming down is not possible but going up depends on the market fundamentals," he said.

The present 1.8 million mt in crude palm oil stockpile, is expected to be reduced by the end of February. The reduction is based on several strategies such as the oil palm replanting scheme, a higher duty free export quota for CPO and mandating the B5 palm oil bio-diesel use within Malaysia.

It is expected that 200,000 hectares of land to be replanted would eventually displace an estimated 700,000 mt of CPO supply from the market. In strategic move to help manage stocks, the government has also increased the annual export quota for CPO to 3 million mt from 2.5 million mt.