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INDONESIA TO SUPPLY RUSSIA WITH 40,000 TONS OF PALM OIL.
JAKARTA, May 1 Asia Pulse - Indonesia plans to export 40,000 tons of palm oil to Russia in May-July under a countertrade agreement signed by the leaders of the two countries last week.
The agreement to trade Russian Sukhoi aircraft for Indonesian products would be worth US$16.5 million, of which US$15 million will be paid by Indonesia in the form of palm oil, said Derom Bangun, chairman of the Association of Indonesian Palm Oil Businessmen (Gapki).
In addition to palm oil, Indonesia will also trade 26 other products, including vegetable fat, palm stearin, stearin, crude palm oil (CPO), rubber, textiles, cacao, tea, coffee, computers, electronic equipment, bauxite, plastic housewares, black pepper, white tin, fruit, fish and fish products and chemical products.
Derom said a number of major palm oil companies had expressed their readiness to participate in the countertrade if the price offered by Bulog (State Logistics Agency) was reasonable.
"The price of palm oil offered (by Bulog) should match the international price. But it would be normal if Bulog included additional costs for administration, shipping and warehousing," Derom said.
The CPO price in Rotterdam on Monday was recorded at US$407.5 a ton, while the commodity's fob price at Indonesian ports ranged ...
- MALAYSIA SENDS PALM OIL MISSION TO RUSSIA/HUNGARY/UKRAINE.
- News wire article from: AsiaPulse News October 6, 2000 700+ words
...lead a Malaysian Palm Oil Economic and Technical Mission to Russia, Hungary and Ukraine...sluggish market for palm oil. He said Russia has traditionally...general and the palm oil trade in particular...Petersburg in Russia, Budapest in Hungary...
- RUSSIA MAY BUY 150,000 TONNES PALM OIL FROM MALAYSIA.
- News wire article from: AsiaPulse News October 24, 2000 700+ words
...Oct 24 Asia Pulse - Russia is expected to buy...200,000 tonnes of palm oil from Malaysia if...credit under the Palm Oil Credit and Payments...Development and Trade of Russia during his visit...consumption, he said, Russia could be made as...centre to re-export palm ...
- INDONESIA TO EXPORT 42,000 TONS OF CRUDE PALM OIL TO RUSSIA.
- News wire article from: AsiaPulse News May 19, 2003 700+ words
...19 Asia Pulse - The Indonesian palm oil association Gapki said Indonesia...exporting 42,000 tons of crude palm oil (CPO) to Russia under a countertrade scheme between...Derom Bangun said. Indonesia and Russia recently signed a countertrade...
- Shipment of CPO to Russia postponed. (Economic News In Brief).(crude palm oil...
- Magazine article from: Indonesian Commercial Newsletter July 15, 2003 700+ words
The first shipment of crude palm oil (CPO) to Russia valued at US$ 15 million under counter trade scheme in exchange for Sukhoi jet fighters and other military equipment including...
- GLOBAL GLUT OF EDIBLE OILS AFFECTS PALM OIL: MALAYSIAN REFINERS.
- News wire article from: AsiaPulse News February 16, 2001 700+ words
...quota for exporters, the palm oil credit payment arrangement...million tonnes of duty free palm oil exports, of which in the...000 tonnes of duty free palm oil. As for POCPA, it is being offered to Russia, Afghanistan, Myanmar...
- MALAYSIA'S PALM OIL TRADERS TOLD TO KEEP ABREAST OF E-COMMERCE.
- News wire article from: AsiaPulse News July 3, 2000 700+ words
...collaborate with the Malaysian Palm Oil Board (MPOB) in the R...consumers' health awareness, palm oil could play a bigger role...a marketing mission to Russia and neighbouring East European...establish new markets for palm oil. This, he said, was...
- INDONESIAN CRUDE PALM OIL PRODUCERS NOT HAPPY WITH RUSSIAN DEAL.
- News wire article from: AsiaPulse News May 27, 2003 700+ words
...Producers of crude palm oil (CPO) have threatened...trade agreement with Russia. Indonesia and Russia...arrange the exports to Russia under that counter trade...his company and other palm oil producers have decided...plans to supply CPO to Russia through Bulog. The ...
- INDONESIA TO BOOST CRUDE PALM OIL PRODUCTION.
- News wire article from: AsiaPulse News May 3, 2006 700+ words
...said. Indonesia`s whole palm oil plantation areas cover...Indonesian Ambassador to Russia Susanto Pudjomartono said...50,000 tons of crude palm oil (CPO) a month to a refining...set up in St Petersburg, Russia. "Indonesia is ready...