Archived News

15/06/2022 (Business World Online) - India's palm oil imports declined by 33.20 per cent to Rs 5,14,022 tonne during May this year, but there was a sharp rise in the shipment of RBD palmolein oil by refineries, industry body Solvent Extractors Association (SEA) said on Tuesday.

15/06/2022 (AP News), Jakarta - Indonesian President Joko Widodo announced a Cabinet reshuffle on Wednesday, replacing key economic ministers amid a national cooking oil shortage and rising food prices.

Palm oil ended higher as a weaker Malaysian currency made the tropical oil cheaper for overseas buyers, while higher petroleum prices raised its biofuel appeal.

JAKARTA: Indonesia yesterday issued regulations backing recently announced changes on a palm oil export tax policy, including cutting the maximum levy rate to accelerate shipments that have been slow to rebound after the ending of an export ban.

MUMBAI, June 14 — India’s palm oil imports in May fell 10 per cent from a month ago as top producer Indonesia curbed exports of the edible oil, a trade body said on Tuesday.

KUALA LUMPUR: All oil palm growers, regardless of their plantation size, have been urged to switch from chemical fertilisers to optimum usage of organic fertilisers.

India's palm oil imports declined by 33.20 per cent to Rs 5,14,022 tonne during May this year, but there was sharp rise in shipment of RBD palmolein oil by refineries, industry body Solvent Extractors Association (SEA) said on Tuesday.

PETALING JAYA: Bursa Malaysia Derivatives Bhd completed its first physical delivery of its East Malaysia Crude Palm Oil Futures Contract (Fepo) in Sarawak last Friday.

I welcome the Recent Suggestion By Datuk Zuraida Kamaruddin That the Malaysian Plantation Industries and Commodities Ministry Will Step Up Its Efforts to Promote the Use of Palm Kernel Waste As An Animal Feed For the Poultry Industry.

SINGAPORE: Palm oil looks neutral in a range of 5,702-5,892 ringgit per tonne, and an escape could suggest a direction.

KUALA LUMPUR (June 14): Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Tuesday (June 14) on bargain buying activities, after the recent sharp sell-down.

KUALA LUMPUR (June 13): MIDF Research has maintained its positive stance on the oil palm plantation sector, raising its calendar year 2022 (CY22) crude palm oil (CPO) target price by 27.9% to RM5,500 per tonne from RM4,300 per tonne previously.