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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?
China wants to increase palm oil imports from Indonesia
JAKARTA: China has expressed its commitment to increase its imports of one million tonnes of crude palm oil from Indonesia, said President Joko Widodo.
China firms investing RM6bil to manufacture palm oil products
KUALA LUMPUR: China’s state-owned companies that have invested in the production of palm-based products in Malaysia will collaborate with Malaysian firms as well as the Malaysian Palm Oil Board.
Indonesia has issued palm oil export permits for a combined 3.84 mln T –ministry
Indonesia has issued palm oil export permits for a combined 3.84 million tonnes through its so-called Domestic Market Obligation (DMO) scheme as well as its programme to accelerate exports as of Monday, Trade Ministry adviser Oke Nurwan said on Tuesday.
Palm Oil DMO Essential in Preventing Cooking Oil Scarcity, Expert Says
TEMPO.CO, Jakarta - Center of Reform on Economics (CORE) director Mohammad Faisal on Tuesday conveyed his opinion on the government’s plan to revoke the crude palm oil domestic market obligation (DMO) policy. He argues that the current issue related to cooking oil scarcity lies in the distribution aspect.
Palm surges on bargain hunting, tracks rival oils higher
Malaysian palm oil futures rose on Tuesday, tracking stronger rival vegetable oils, with the benchmark contract recouping some of the losses from the previous three sessions amid bargain hunting.
August soybeans soar at close | Tuesday, July 26, 2022
August soybeans exploded higher today closing up 59¢ and right at the high of the day. Most of the gains were because the meal market was $25 per ton higher.
Sunflower oil imports fall 23% during Feb-June
New Delhi: In the wake of Russia-Ukraine crisis, India's crude sunflower oil imports fell by 23 per cent to 5.70 lakh tonne between February 21 and June 30 of this year, Parliament was informed on Tuesday.
Palm oil extends losses as Indonesian supply to flood the market
SINGAPORE (July 25): Palm oil fell for a third straight day, as the market remains cautious of a fresh attempt by Indonesia to ramp up overseas shipments.
Malaysia warns of weaker Q3 palm oil price as Indonesia scraps export levy
KUALA LUMPUR: Malaysian crude palm oil prices will remain weak for most of the third quarter of this year, the country's commodities minister said on Monday (Jul 25), after rival producer Indonesia scrapped its export levy.