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* Indonesia will keep its export tax for crude palm oil at zero for a fourth month in July, a document from the country's Trade Ministry showed on Tuesday.

KATHMANDU, June 30: Nepal in the current fiscal year has got some respite from the ever-worsening trade position with the country being able to narrow down the trade deficit to some extent and one-third export earnings of the country coming from palm oil and soybean oil.

Jakarta, CNN Indonesia -- Menteri Koordinator Bidang Perekonomian Airlangga Hartarto meminta Uni Eropa (UE) untuk mengurangi dan mengeliminasi perhitungan tarif dan non-tarif untuk mendorong perdagangan bilateral kedua pihak yang renggang akibat pandemi covid-19. Khususnya, tarif impor untuk produk makanan dan peralatan medis.

KONTAN.CO.ID - JAKARTA. Kinerja keuangan PT Astra Agro Lestari (AALI) tumbuh signifikan meski pandemi Covid-19 menyerang. Berdasarkan laporan keuangan kuartal I-2020, laba bersih emiten perkebunan Grup Astra tersebut tumbuh tajam sebesar 892% menjadi Rp 371,06 miliar. Sementara, pendapatan naik 13,33% menjadi Rp 4,79 triliun.

U.S. production of biodiesel fell slightly in April compared to March, according to data from the U.S. Energy Information Administration, as lockdowns from the coronavirus pandemic that began to take hold in March were expanded and held firm throughout April. Production of biodiesel in the U.S. was 151 million gallons in March, which was 19 million gallons higher than February’s production volumes, but producers dialed back biodiesel manufacturing to 143 million gallons in April.

SINGAPORE: Malaysian palm oil futures fell for a fourth consecutive session on Monday, as cheaper rival oils and a stronger ringgit made the edible oil less attractive to foreign buyers.

KUALA LUMPUR (June 29): TDM Bhd has recorded a three per cent increase in revenue to RM107.80 million in the first quarter of its financial year ended Dec 31, 2020 (Q1 FY20), driven by its plantation and healthcare division.

MALAYSIA’S trade surplus grew 14.7 per cent year-on-year (y-o-y) to RM10.41 billion last month, the highest monthly trade surplus recorded for May since May 2008.

Domestic consumption of edible oil has gone up notwithstanding the impact of lockdown imposed to contain spread of the COVID-19 pandemic and compulsion to switch to work-from-home by many employers. Also, major social functions such as marriages have come to a halt, hitting the functioning of hotel and its associated sectors.

JAKARTA - Indonesia state oil company PT Pertamina will start producing 3,000 barrels per day of 'green' diesel made from 100% palm oil starting in June next year, CEO Nicke Widyawati told Parliament on Monday.

InfoSAWIT, JAKARTA - Sampai hingga saat ini kapasitas produksi pabrik kelapa sawit milik PT Sawit Sumbermas Sarana Tbk (SSMS) telah bertambah menjadi 540 ton TBS/jam, berkat adanya tambahan 2 pabrik kelapa sawit baru yang mulai komersial di 2019 lalu.

(Vibiznews – Commodity) – Analisa pergerakan pasar mingguan untuk minyak sawit pada minggu ini, dimana seminggu ini harga minyak sawit turun 4%, penurunan pertama kali setelah kenaikan harga selama 6 minggu berturut-turut. Penurunan terjadi karena peningkatan produksi dan kekhawatiran akan penurunan permintaan akibat gelombang ke dua pandemic covid-19.