Archived News

NEW DELHI – Contracts of all components of the edible oil basket declined on domestic exchanges today.

KUALA LUMPUR, Aug 10 — Malaysia's total palm oil stocks fell 10.55 per cent to 1.698 million tonnes in July from 1.898 million tonnes recorded in the previous month, says the Malaysian Palm Oil Board (MPOB).

OPDPA (Oil Palm Developers and Processors Association), the nodal agency for oil palm cultivation in India, lauds the message by PM Narendra Modi for recognising the need and importance of being self-reliant in edible oil, and asking farmers and state governments of north east to pursue oil palm cultivation. His message clearly underpins the benefits of oil palm cultivation to the overall Atmanirbhar Bharat agenda as well as its potential to help with the growth story of the region.

PARIS- Soybean imports into the European Union and Britain in the 2020/21 season that started on July 1 totalled 1.74 million tonnes by Aug. 9, official EU data showed on Monday.

Jakarta, CNN Indonesia -- PT Pertamina (Persero) merancang tiga strategi untuk bertransformasi dari energi fosil (fosil fuel) ke energi baru terbarukan (EBT). Strategi itu terdiri dari pemanfaatan bahan baku (managing base), akselerasi pertumbuhan (accelerate growth) serta peningkatan kapasitas produksi (scale up and expand).

KONTAN.CO.ID - JAKARTA. Kembali bergeraknya perekonomian mendorong harga crude palm oil atau minyak sawit mentah (CPO) bergerak ke level stabil. Tren tersebut diprediksi masih akan berlanjut hingga tahun depan, seiring dengan mulai kembalinya aktivitas masyarakat.

(MENAFN - Daily News Egypt) The volume of trade exchange between Egypt and Indonesia has reached $1.5bn over the past five years, according to Helmy Fawzy, Indonesian Ambassador to Egypt.

MUAR, Aug 9 — The palm oil price which stands at RM2,800 per tonne currently provides opportunities for the industry and oil palm planters to generate higher revenue from the sale of their products.

AS we enter the peak production period for oil palm in September, lasting till December, the industry is grappling with the issue of an acute labour shortage.

KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trade in a yo-yo mode next week amid profit-taking, after trading in an upbeat momentum over the past week, said a dealer.

KUCHING: Analysts anticipate an uptake in crude palm oil (CPO) sales in the future, spurred by Malaysia’s suspension of export tax for CPO in Malaysia from June until year-end which improved the competitiveness of Malaysia’s palm oil against Indonesia’s.

SYDNEY, Aug 10 (Reuters) - U.S. soybean futures edged higher on Monday, rebounding from a six-week low touched in the previous session, though gains were checked by expectations of ample global supplies.