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NEW DELHI (BERNAMA) – India’s Finance Ministry has issued a notification that said the import tax on crude palm oil (CPO) will be 44 per cent, but trade sources point out there is no change in the existing duty structure on cargoes from ASEAN.

TAWAU: Chief Minister Datuk Seri Panglima Mohd Shafie Apdal said the plan to make Sabah a downstream industrial state has become a reality with the launch of Sabah’s own BESS brand cooking oil here yesterday.

SINGAPORE/LONDON (Reuters) - A fast-spreading coronavirus in China has sent shockwaves through global commodity markets, prompting OPEC and its allies to consider deepening crude supply curbs and Asia’s largest oil refiner to slash over a tenth of its output.

JAKARTA, Feb 3 - The Indonesian Biofuel Producers Association (APROBI) is expecting 3.62 million kilo litres (KL) of additional production capacity this year, which could support biodiesel exports, it said on Monday.

DES MOINES, Iowa -- On Monday, the CME Group’s farm markets end mostly higher. At the close, the March corn futures finished 2 1/2¢ lower at $3.78 3/4. May corn futures settled 2¢ lower at $3.84 3/4. March soybean futures ended 4 1/4¢ higher at $8.77. May soybean futures settled 4¢ higher at $8.90 3/4. March wheat futures finished 1 3/4¢ higher at $5.55 1/2. March soymeal futures closed $1.20 per short ton lower at $289.80. March soy oil futures settled $0.35 cents higher at 30.29¢ per pound.

SYDNEY, Feb 3 (Reuters) - U.S. soybeans edged up on Monday after hitting a two-month low earlier in the session as fears that an outbreak of coronavirus will reduce demand from top consumer China.

NEW DELHI: India’s Finance Ministry has issued a notification that says the import tax on crude palm oil (CPO) will be 44 per cent, but trade sources point out there is no change in the existing duty structure on cargoes from Asean.

Declining production and rising demand should push palm oil prices higher in the coming months, outweighing current fears about a virus outbreak in China that fuelled a sell-off in recent days, Oil World said.

(Feb 3): Chinese stocks plummeted by the most since an equity bubble burst in 2015 as they resumed trading to the worsening virus outbreak.

RMco.id Rakyat Merdeka - Kedutaan Besar Republik Indonesia (KBRI) di Phnom Penhn, Kamboja, menggelar diskusi kesehatan penggunaan minyak kelapa sawit dan tempe untuk kebutuhan hidup sehat dalam sehari-hari. Kegiatan ini dilaksanakan pada Rabu (29/1) di KBRI Phnom Penh sebagai salah satu upaya gastrodiplomacy.

KONTAN.CO.ID - JAKARTA. Sepanjang Januari 2020, indeks saham sektor agrikultur menjadi indeks dengan penurunan terdalam, yakni 12,58%. Angka tersebut melebihi penurunan Indeks Harga Saham Gabungan (IHSG) yang anjlok 5,71% ke level 5.940,05.

The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange rose as much as 9.1% in early trade.