Archived News
22-09-2020
Palm oil ends 4-day rally
KUALA LUMPUR: Malaysian palm oil futures took a breather on Monday after a four-day rally, falling more than 2% on profit-taking despite strong Dalian oils and supply concerns.
21-09-2020
Malaysia’s palm oil litigation stands a fair trial
MALAYSIA stands a chance to be fairly judged on its intended lawsuit against the European Union’s (EU) biofuel policies at the World Trade Organisation (WTO) after the dispute body agreed to proceed with Indonesia’s similar legal action.
21-09-2020
Massive potential for oil palm crop in Telangana
Hyderabad: Telangana is poised to become one of the largest cultivators for oil palm cultivation in the country due to availability of fertile land and favorable conditions for growing this crop on a large scale, said Sanjay Goenka, MD & CEO of 3F Oil Palm Pvt Ltd
21-09-2020
India’s Edible Oil Inventory Running 16% lower than Last Year
India’s Edible Oils Inventories till end of August 2020 were running nearly 16% lower than August 2019 and were almost unchanged in comparison to the previous month. Vegetable oil inventory in the country had reached historic lows after March as imported halted altogether when India had announced a complete lockdown. Though the off-take of vegetable oils edible oils has been adversely affected this year, due to the Pandemic subdued, but domestic demand started improving slowly as the lockdown restrictions eased, trade between state/country borders resumed. As a result, consumption of edible oils improved significantly.
21-09-2020
Untuk Pasar Jepang, KBRI Tokyo Pastikan Minyak Sawit Indonesia Berkelanjutan
InfoSAWIT, TOKYO – Mewakili Pemerintah Indonesia, KBRI Tokyo menyampaikan komitmen Indonesia menerapkan praktik berkelanjutan pada sektor kelapa sawit dan produk turunannya. Paparan tersebut disampaikan pada Working Group on Biomass Sustainability yang diselenggarakan oleh Jepang pada Kamis (17/09/2020) lalu.
21-09-2020
Indonesia’s Palm Oil Exports Rise on Higher Shipments to China
(Bloomberg) -- Supply Lines is a daily newsletter that tracks Covid-19’s impact on trade. Sign up here, and subscribe to our Covid-19 podcast for the latest news and analysis on the pandemic.
21-09-2020
GRAINS-Soybeans snap 3-day rally, hold near 2-year high on Chinese demand
SYDNEY, Sept 21 (Reuters) - U.S. soybean futures edged lower for the first time in four sessions on Monday, though strong demand from world's top buyer China kept prices near a two-year high.
17-09-2020
Boustead Plantations retain 9,457 staff
Boustead Plantations Bhd will retain its 9,457 workforce across its operations, despite the ongoing Covid-19 crisis that has severely impacted its harvesting and production of fresh fruit bunches (FFBs) and crude palm oil (CPO).
17-09-2020
Official: Thai-EU FTA study could wrap up this month
The Trade Negotiations Department looks set to conclude the overall study of the long-awaited free trade agreement (FTA) with the EU and send the report to the commerce minister for consideration this month or early next.
17-09-2020
Malaysian palm oil jumps
Malaysian palm oil futures extended gains and ended over 1% higher on Tuesday, tracking strength in crude and rival oil prices, while higher exports in the first half of this month also aided sentiment
17-09-2020
India Edible Oil: CPO gains on bullish cues from Malaysian bourse
Futures contracts of SOYBEAN and MUSTARD fell, while those of REFINED SOYOIL and CRUDE PALM OIL edged higher on domestic exchanges today.
17-09-2020
Malaysian prisoners may face 'forced labour' on palm oil plantations
Prisoners are expected to be put to work on Malaysia’s giant palm oil plantations to make up for an acute labour shortage heightened by the coronavirus pandemic