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KUALA LUMPUR (Sept 21): Tighter supply and higher demand for crude palm oil (CPO) are likely to push prices of the edible oil up in favour of producers, according to IJM Plantations Bhd.

JAKARTA, Sept. 21 (Xinhua) -- Indonesia's exports of palm oil and its derivatives in July 2020 increased by 15 percent or 244 million U.S. dollars to 1.86 billion U.S. dollars compared to those in the previous month, an association said Monday.

KUALA LUMPUR: IJM Plantations Bhd is cautiously optimistic about industry outlook despite crude palm oil (CPO) price having rallied to RM3,000 per tonne from the year-to-date low of RM2,000 per tonne in May.

OVERALL crop production and crude palm oil (CPO) production may be lower for IJM Plantations Bhd for its financial year ending March 31, 2021 (FY21), compared to FY20, which will also be a common trend in the palm oil industry over the same period.

KUALA LUMPUR, Malaysia, Sept. 21, 2020 /PRNewswire/ -- The Roundtable on Sustainable Palm Oil (RSPO) released it's 2019 Impact Report today, highlighting a significant increase in the uptake of Certified Sustainable Palm Oil (CSPO). The full 2019 Impact Report can be found here.

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.

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.

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

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.

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.

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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.