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MARKET DEVELOPMENT  
  17-07-2020

Malaysia estimates 2020 palm oil exports will reach $15.2 billion-$16.4 billion

The world’s second largest palm oil producer Malaysia has estimated its total palm oil export value this year at 65-70 billion ringgit ($15.24 billion-$16.41 billion), the Plantation Industries and Commodities Ministry said.

MARKET DEVELOPMENT  
  17-07-2020

Palm oil Issue in the I-EU CEPA negotiations

Various efforts to revive the economy that is immersed in a crisis are being carried out by the Indonesian government in this ‘new normal’ era. One of those efforts is to complete the delayed 10th round of negotiations between the Indonesia-European Union Comprehensive Economic Partnership Agreement (I-EU CEPA).

MARKET DEVELOPMENT  
  17-07-2020

Need to reduce dependence on edible oil imports: Agri Min

New Delhi, Jul 16 (PTI) Agriculture Minister Narendra Singh Tomar on Thursday said the near self-sufficiency achieved in pulses production needs to be replicated in oilseeds as well so that the country can reduce import of edible oils.

MARKET DEVELOPMENT  
  17-07-2020

Pengembangan D100 Ditaksir Mampu Serap 30 Juta Ton Minyak Sawit

Dengan meningkatnya serapan sawit dalam negeri, hal itu diharapkan bisa berdampak terhadap harga jual sawit dan tandan buah segar (TBS) petani. PT Pertamina (Persero) mulai memproduksi green diesel atau D100 yang merupakan hasil pengolahan minyak kelapa sawit Refined, Bleached and Deodorized Palm Oil (RBDPO) 100%. Langkah ini disambut baik Asosiasi Petani Kelapa Sawit Indonesia (Apkasindo). Ketua Umum Apkasindo, Gulat ME Manurung memperkirakan penyerapan crude palm oil (CPO) dari program tersebut dapat mencapai 30 juta ton per tahun. Angka ini didapat seiring rencana Pertamina memproduksi D100 sebanyak 1.000 barel per hari.

MARKET DEVELOPMENT  
  17-07-2020

Indonesia dan Malta Eksplorasi Potensi Peningkatan Hubungan Bilateral

Roma, Italia – Suatu Perwakilan Indonesia di luar negeri dapat menaungi beberapa negara sekaligus dalam wilayah kerjanya. Perwakilan Indonesia seperti itu harus memberikan usaha lebih untuk mengembangkan hubungan Indonesia di beberapa negara sekaligus. KBRI Roma merupakan Perwakilan Indonesia di Italia yang wilayah kerjanya merangkap Malta, Siprus, San Marino serta beberapa organisasi internasional.

MARKET DEVELOPMENT  
  17-07-2020

Harga Naik dan Permintaan Meningkat, Ekspor CPO Sumsel Melejit

Harga komoditas kelapa sawit di Sumatra Selatan berangsur naik seiring meningkatnya permintaan pasar ekspor dari sejumlah negara tujuan.

MARKET DEVELOPMENT  
  16-07-2020

Steps taken to ease burden due to low commodity prices — Minister

The federal government has taken several measures to ease the burden of farmers affected by the falling prices of commodities, a federal minister said yesterday.

MARKET DEVELOPMENT  
  16-07-2020

India should believe in the EU

In today’s fragmented world, the power of any aspiring global player depends on the number and quality of its bilateral and multilateral relationships. In which partner should India invest? The European Union (EU) is one.

MARKET DEVELOPMENT  
  16-07-2020

HoReCa sector holds key for palm oil demand in India — MPOC official

While retail consumption in India is on the rise and is expected to inch up further in the coming festive season, it is the hotel, restaurant and café (HoReCa) sector that holds the key for palm oil demand, according to a Malaysian Palm Oil Council (MPOC) official.

MARKET DEVELOPMENT  
  16-07-2020

Indonesia seeks to conclude trade negotiation with EU next year to bolster recovery

Indonesia hopes to conclude negotiations for a trade agreement with the European Union next year to bolster the country’s economic recovery after the pandemic, but policies on palm oil remain a major sticking point.

MARKET DEVELOPMENT  
  16-07-2020

India's soybean output set to jump as farmers expand area on ample rains

India's soybean production is set to jump by at least 15% in 2020 from a year earlier as farmers are increasing the oilseed's acreage due to timely arrival of monsoon rains and as New Delhi raised the minimum buying price.

MARKET DEVELOPMENT  
  16-07-2020

Indonesia produces maiden batch of biodiesel made of 100% palm

Indonesia's state oil company PT Pertamina produced its first successful batch of biodiesel made up of 100% palm oil (D100) in its Dumai refinery last week and is set to produce 1,000 barrels per day (bpd), the company said on Wednesday.