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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
NPPAN signs MoU with NIFOR for production of 20m palm oil seedlings
In a bid to revamp the palm oil sector, the National Palm Produce Association of Nigeria (NPPAN) has signed a Memorandum of Understanding (MoU) with the Nigerian Institute for Oil Palm Research (NIFOR) for the production of 20million oil palm seedlings to boost production of smallholder farmers.
India seen importing 100,000 tn of refined palm oil in March
India is expected to import around 100,000 tn of refined bleached and deodorised palmolein in March, market participants said. Imports of the commodity were largely negligible in February.
Indonesia's January biodiesel consumption at 706,176 kL –ministry
JAKARTA, Feb 25 (Reuters) - Indonesia consumed 706,176 kilolitres (kL) of unblended biodiesel in the month of January, data from Energy and Mineral Resources showed on Tuesday.
Love MY Palm Oil campaign to be expanded to all airports
KOTA KINABALU (Feb 24): The Love MY Palm Oil campaign will be expanded to all airports nationwide, said Primary Industries Minister Teresa Kok Suh Sim.
Teresa Kok: Govt green-lights easy loan scheme for sustainable oil palm growers co-ops
KOTA MARUDU, Feb 24 — The government has approved an interest-free easy loan scheme of RM100,000 for Sustainable Oil Palm Growers Cooperatives (KPSM) to provide them with working capital to buy and sell fresh fruit bunches (FFB), said Primary Industries Minister Teresa Kok Suh Sim.
Kok continues duty as usual in Sabah
KOTA KINABALU: Despite rife speculation of changes in the federal government, it’s business as usual for Primary Industries Minister Teresa Kok as she attended two events in the state.
Indonesia’s palm oil exports to China decline
Indonesia's palm oil exports to China have declined due to a drop in demand for the vegetable oil as a result of the coronavirus outbreak, farming ministry officials said.
Why India-US trade deal remains elusive
When the US on 4 March last year announced that it is withdrawing duty-free entry for Indian exports worth around $6 billion, it brought the curtains down to a year- long dialogue between the two strategic partners for hammering out a limited trade package.
Govt Eyes Implementation of B40 Biofuel in July 2021
TEMPO.CO, Jakarta - Coordinating Minister for Economic Affairs Airlangga Hartarto said the government was determined to implement the 40-percent biofuel or the B40 program no later than July 2021. At present, the government was finalizing a specially-designed roadmap.
