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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?
Indonesia widens export ban to include crude and refined palm oil
27/04/2022 (Free Malaysia Today), Jakarta - Indonesia widened the scope of its export ban on raw materials for cooking oil to include crude and refined palm oil, among other products, its chief economic minister said today, leaving markets in shock over the latest policy reversal.
Russia's invasion of Ukraine heats up cooking oil prices in global squeeze
26/04/2022 (NPR), Istanbul - For months, Istanbul restaurant Tarihi Balikca tried to absorb the surging cost of the sunflower oil its cooks use to fry fish, squid and mussels.
Export Ban Only Affects Cooking Oil Raw Material Until Dometic Price Falls Below $1 A Liter
27/04/2022 (Jakarta Globe), Jakarta - The government has decided to ban only the export of refined, bleached, deodorized, or RBD, palm olein, which is the raw material for cooking oil, starting on Thursday until the domestic cooking oil price fall below $1 per litter, Coordinating Minister for Economic Affairs Airlangga Hartarto said late on Tuesday.
Future-proofing palm oil from western propaganda
THE notoriety of developed economies against palm oil — the most produced, consumed and traded edible oil — all in favour of protecting the soybean trade (the second most-produced edible oil) is well-known.
Malaysia not a nation to be fooled around with – Zuraida tells EU on palm oil
MINISTER of Plantation Industries and Commodities (MPIC) Datuk Zuraida Kamaruddin Zuraida (picture) has proposed for Malaysia and Indonesia to proactively pursue their legal recourse filed with the World Trade Organisation (WTO) against the EU’s restrictions on palm oil biodiesel.
Indonesian rupiah rises after crude palm oil excluded from export ban
BENGALURU (April 26): The Indonesian rupiah rebounded on Tuesday from heavy losses in the previous session after the country said crude palm oil shipments were excluded from the planned export ban on the vegetable oil.
Here’s why edible oil markets are simmering
Indonesia's ban on palm oil exports has pushed prices to record highs and forced top importers to look for replacements.
Indonesia president's rating slumps amid soaring cooking oil prices
JAKARTA: Indonesia President Joko Widodo's approval rating fell in April by nearly 12 percentage points from February's 71.7 per cent, an independent pollster said on Tuesday, as rising costs and soaring cooking oil prices dented his popularity.
Palm oil may bounce into 6,326-6,392 ringgit range
SINGAPORE: Palm oil may bounce into a range of 6,326-6,392 ringgit a tonne, following its stabilization around a support at 6,104 ringgit.
