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Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
CPO prices seen at RM4,400-RM4,600 on tighter supply
Palm retreats from 21-month high on stock outlook, weak exports
Palm slips over 1% on weaker soyoil, bearish MPOB data
Indonesian Palm Oil Producers Told to Move to Sustainable Practices
Higher consumer demand for sustainable palm oil propels producers to pursue ecolabels, according to the Roundtable on Sustainable Palm Oil Production, or RSPO.
Program Mandatori B30 Jalan Terus
JAKARTA, investor.id – Asosiasi Produsen Biofuel Indonesia (Aprobi) menyebutkan, pemerintah dan semua pemangku kepentingan bertekad untuk meneruskan program mandatori pencampuran biodiesel 30% (B30), meskipun harga minyak bumi terus merosot dan pandemi Covid-19 berpotensi makin mengurangi penggunaan biodiesel di pasar domestik. Pada Maret 2020, konsumsi biodiesel di pasar domestik masih sebesar 784.266 kiloliter (kl) namun pada Juni turun menjadi 643.602 kl.
First-half contraction in palm oil output, exports due to 'domino effect': GAPKI
Indonesia, the biggest palm oil producer in the world, saw production and exports of the commodity contract in the first half of the year due to economic impacts of the pandemic as well as rolling impacts of drought and a price crash in previous years, the industry association has stated.
Palm gains nearly 3% on rival oils strength, lower Indonesia output
KUALA LUMPUR: Malaysian palm oil futures climbed nearly 3% on Thursday, tracking gains in Dalian and CBOT rival oils, while lower Indonesia production also lifted sentiment.
Crude palm oil futures up 0.2% to Rs 742.9/10 kg
In the futures market, crude palm oil (CPO) for August delivery touched an intraday high of Rs 751 and a low of Rs 741 per 10 kg on the MCX
Better showing by pure upstream plantation companies in latest quarter?
KUALA LUMPUR: Pure upstream plantation companies under Hong Leong Bank Bhd's coverage will likely report better year-on-year (YoY) performances in their upcoming quarterly financial results.
Konsumsi Minyak Sawit Indonesia Juni 2020 Untuk Pangan Turun 3,9%
InfoSAWIT, JAKARTA – Konsumsi minyak sawit dalam negeri bulan Juni 2020 tercatat masih lebih rendah dibandingkan dengan bulan Mei 2020, ditengarai kondisi disebabkan adanya penerapan kebijakan Pembatasan Sosial Berskala Besar (PSBB) di sejumlah wilayah di Indonesia.
Indonesia should boost trade of value-added products: Indef
Jakarta (ANTARA) - Indonesia should boost the trade of its value-added products rather than depend solely on the trading of raw materials, Dzulfian Syafrian, researcher at the Institute for Development of Economics and Finance (Indef), stated.
Palm oil stockpiles to decline further
MALAYSIA’S crude palm oil (CPO) stocks could decline further this month after falling to a three-year low in July, as production continues to be suppressed due to the cyclical low season before entering into a peak cycle in September.
