PALM NEWS MALAYSIAN PALM OIL BOARD Saturday, 30 Nov 2024

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MARKET DEVELOPMENT  
  30-08-2022

Indonesia extends zero export levy on palm oil

29/08/2022 (English News China), Jakarta – Indonesia has extended its zero-levy policy for palm oil exports until October 31, the Coordinating Ministry for Economic Affairs said on Monday.

MARKET DEVELOPMENT  
  30-08-2022

Palm oil rises after Indonesia raises export tax, biodiesel use

29/08/2022 (The Edge Markets), Jakarta - Palm oil advanced after Indonesia, the world’s biggest grower, raised its export tax for the first half of September and announced an increased allocation for local biodiesel use this year.

MARKET DEVELOPMENT  
  30-08-2022

Sabah’s mid-sized oil palm planters band together for sustainability push

29/08/2022 (Malay Mail), Kota Kinabalu - Medium-sized oil palm producers in the state will soon adopt sustainable practices under the Malaysian Sustainable Palm Oil (MSPO) and Roundtable on Sustainable Palm Oil (RSPO) certification standards.

MARKET DEVELOPMENT  
  30-08-2022

Malaysian palm oil futures up

28/08/2022 (Business Recorder), Jakarta - Malaysian benchmark palm oil futures dropped for a second straight session on Friday as traders booked gains ahead of the weekend following a recent rally, with the contract managing to post a weekly gain.

MARKET DEVELOPMENT  
  30-08-2022

Sarawak Oil Palms’ minimal forward position main factor behind stellar 1H profit

29/08/2022 (Borneo Post Online), Kuching - Sarawak Oil Palms Bhd’s (Sarawak Oil Palms) minimal forward position was a main factor behind its stellar profit in the first half of 2022 (1H22), which analysts believe enabled it to benefit from higher crude palm oil (CPO) spot prices.

MARKET DEVELOPMENT  
  30-08-2022

Improvement in soybean oil-oilseeds, decline in palmolein

29/08/2022 (News Day Express), New Delhi - Barring groundnut, CPO, palmolein, cottonseed oil and mustard oil-oilseeds prices fell on Monday in the Delhi oil-oilseeds market amid a declining trend in overseas markets. On the other hand, the prices of oilseeds closed strongly due to farmers not selling soybean at a lower price. On the other hand, the prices of groundnut oil and oilseeds remained at the previous level.

MARKET DEVELOPMENT  
  30-08-2022

PRESS RELEASE: UPDATE 1-INDONESIA INCREASES 2022 BIODIESEL ALLOCATION TO 11.03 MLN KL - STATEMENT

29/08/2022 (Successful Farming) - Indonesia has raised its 2022 biodiesel allocation to 11.03 million kilolitres amid expectations of rising demand in the fourth quarter while it extends an export levy waiver to maintain price stability, a senior minister said on Monday.

MARKET DEVELOPMENT  
  30-08-2022

Indonesia extends zero export levy on palm oil

29/08/2022 (English News China), Jakarta – Indonesia has extended its zero-levy policy for palm oil exports until October 31, the Coordinating Ministry for Economic Affairs said on Monday.

OILS & FATS  
  30-08-2022

Palm oil rises after Indonesia raises export tax, biodiesel use

29/08/2022 (29/08/2022 (The Edge Markets), Jakarta - Palm oil advanced after Indonesia, the world’s biggest grower, raised its export tax for the first half of September and announced an increased allocation for local biodiesel use this year.), Jakarta - Palm oil advanced after Indonesia, the world’s biggest grower, raised its export tax for the first half of September and announced an increased allocation for local biodiesel use this year.

MARKET DEVELOPMENT  
  30-08-2022

Sabah’s mid-sized oil palm planters band together for sustainability push

29/08/2022 (Malay Mail), Kota Kinabalu - Medium-sized oil palm producers in the state will soon adopt sustainable practices under the Malaysian Sustainable Palm Oil (MSPO) and Roundtable on Sustainable Palm Oil (RSPO) certification standards.

MARKET DEVELOPMENT  
  30-08-2022

Malaysian palm oil futures up

28/08/2022 (Business Recorder), Jakarta - Malaysian benchmark palm oil futures dropped for a second straight session on Friday as traders booked gains ahead of the weekend following a recent rally, with the contract managing to post a weekly gain.

MARKET DEVELOPMENT  
  30-08-2022

Sarawak Oil Palms’ minimal forward position main factor behind stellar 1H profit

29/08/2022 (Borneo Post Online), Kuching - Sarawak Oil Palms Bhd’s (Sarawak Oil Palms) minimal forward position was a main factor behind its stellar profit in the first half of 2022 (1H22), which analysts believe enabled it to benefit from higher crude palm oil (CPO) spot prices.