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MARKET DEVELOPMENT  
  24-07-2020

Palm oil price rally not sustainable — analysts Fry, Mistry

KUALA LUMPUR (July 24): Palm oil prices will fall by the fourth quarter due to higher output and inventory levels, two leading industry analysts told Reuters, dampening a rally that sent the tropical oil to a five-month high this week.

MARKET DEVELOPMENT  
  24-07-2020

Tap into Romania market, MPOC urges palm oil exporters

KUALA LUMPUR (July 23): Malaysian palm oil exporters should take advantage of market opportunities in Romania, with its declining sunflower seed production, increasing oil and fat consumption and lack of adequate storage facilities, says the Malaysian Palm Oil Council (MPOC).

MARKET DEVELOPMENT  
  24-07-2020

Indonesia to test palm oil in 'green' jet fuel by year end

JAKARTA (July 23): Indonesian state oil company PT Pertamina is set to test the production of jet fuel made up of 3% palm oil by year end, chief executive officer (CEO) Nicke Widyawati said today.

MARKET DEVELOPMENT  
  24-07-2020

Palm oil tracks drop in soyoil, lower output hopes limit fall

Malaysian palm oil futures fell on Thursday, tracking weakness in rival soyoil prices, though hopes for lower output in July as heavy rains hit top producers Indonesia and Malaysia helped limit the fall.

MARKET DEVELOPMENT  
  24-07-2020

PM pushes for oil palm cultivation in North-East

Prime Minister Narendra Modi on Thursday appealed to the farmers in North-East States to take up oil palm cultivation with an aim to make India self-sufficient in edible oils. The Prime Minister recommended the State governments of N-E region to set up oil palm missions in their respective States to promote cultivation of the oilseed.

MARKET DEVELOPMENT  
  24-07-2020

Harga Minyak Sawit Naik, Akibat Curah Hujan di Malaysia & Indonesia Meningkat

(Vibiznews – Commodity) – Harga minyak sawit pada hari Kamis ditutup naik, akibat curah hujan yang meningkat di Malaysia dan Indonesia dapat merusak tanaman sawit dan menguatnya harga minyak sawit di Dalian.

MARKET DEVELOPMENT  
  24-07-2020

Pertamina bakal uji coba produksi green avtur di akhir tahun 2020

KONTAN.CO.ID - JAKARTA. Usai sukses melakukan uji coba produksi Green Diesel D100 di Kilang Dumai sebesar 1.000 barel per hari, PT Pertamina (Persero) kini menyiapkan Kilang Cilacap untuk bisa uji coba memproduksi green avtur pada akhir tahun 2020.

MARKET DEVELOPMENT  
  24-07-2020

Tingginya Permintaan CPO ke China, Harga TBS Kelapa Sawit Riau Naik

Lancang Kuning, PEKANBARU - Permintaan minyak kelapa sawit Crude Palm Oil (CPO) periode ini cukup tinggi datang dari Negara China. Hal ini dipengaruhi oleh kurangnya produk CPO Indonesia dan Malaysia akibat musim kemarau yang melanda disebagian wilayah.

MARKET DEVELOPMENT  
  23-07-2020

Palm oil industry may see full recovery in 4Q20, if pandemic manageable, says Council of Palm Oil Producing Countries

KUALA LUMPUR, July 22 — Palm oil industry may see a full recovery in the fourth quarter of this year if Covid-19 pandemic is manageable and contained, Council of Palm Oil Producing Countries (CPOPC) said.

MARKET DEVELOPMENT  
  23-07-2020

Govt forming legal team to deal with palm oil discrimination

THE government is forming a cabinet-approved legal team to take action against the European Union’s (EU) anti-palm oil campaign via a dispute settlement mechanism under the World Trade Organisation (WTO).

MARKET DEVELOPMENT  
  23-07-2020

Ta Ann expects palm oil prices to be pulled by slowing market demand

KUCHING: Ta Ann Holdings Bhd (Ta Ann) is expecting the palm oil commodity prices to be negatively affected by a slowdown of the market demand in the short and possibly medium term.

MARKET DEVELOPMENT  
  23-07-2020

Crude palm oil touches fresh high of Rs 735 in futures trade

In the futures market, crude palm oil (CPO) for August delivery touched an intraday high of Rs 735 and an intraday low of Rs 722 per 10 kg on the MCX