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Malaysia raises palm oil export duty for April
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Middle East conflict boosts demand for alternative fuels
Can palm biodiesel provide quick relief for Malaysia amid Iran war?
FG should pay attention to palm oil, its price higher than crude oil’s – Emefiele
The Governor of the Central Bank of Nigeria, Godwin Emefiele, on Wednesday urged the Federal Government to attach premium to palm oil production, saying its price is higher than crude oil’s.
Palm oil producers in Nigeria under ‘extreme stress’ from smuggled imports – Okomu MD
The managing Director of Okomu oil palm company Plc., Dr Graham Hefer, says the influx of banned adulterated Crude Palm Oil(CPO) and Ole into the Nigerian market is adversely affecting indigenous companies, with colossal revenue loss to government.
Curb illegal soyabean, palm oil imports from Nepal, says SOPA
India meets more than 70% of its domestic edible oil demand through imports. The country imports 150-160 lakh tonne of vegetable oils (edible & non-edible) per annum.
Palm oil price at week high on stronger soyoil, weaker ringgit
Malaysian palm oil futures climbed to a one-week top in early trade on Wednesday, in line to chart a third consecutive day of gain, as it tracked an increase in U.S. soyoil on the Chicago Board of Trade (CBOT) and a weaker ringgit.
Four Development Projects Receive 37 Million Euros Funding
Indonesia and Germany inked a cooperation agreement under which four development projects will receive funding of 37 million euros in areas of effective governance, technical and vocational education and training, and environment and biodiversity protection
China trade war stokes concern about northern Indiana farming, manufacturing
Trump last week raised tariffs from 10 percent to 25 percent on many goods and commodities imported from China, worth about $200 billion. The Chinese government responded this week by announcing additional taxes on U.S. imports worth about $60 billion, to take effect June 1
KL Kepong Q2 net profit 34.6% up
Plantation company Kuala Lumpur Kepong Bhd(KLK) net profit in its second quarter ended March 31, 2019 (2Q19) rose 34.6% to RM142.95mil from RM106.15mil a year ago, mainly due to a surplus of RM25.6mil arising from government acquisition of plantation land.
CBN Governor Reveals Commodity More Expensive Than Crude Oil
The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, has noted that the price of palm oil is greater than crude oil.
Palm oil imports drop 9.17% in April
New Delhi: Palm oil imports dropped 9.17 per cent to 7,07,450 tonnes during April this year, industry body Solvent Extractors Association (SEA) said on Wednesday.
