PALM NEWS MALAYSIAN PALM OIL BOARD Wednesday, 18 Dec 2024

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Carian Terperinci

Berita Arkib

OILS & FATS  
  18-09-2024

Palm slides as India hikes import tax on edible oils

17/09/2024 (Reuters), Kuala Lumpur - Malaysian palm oil futures slipped on Tuesday, when the market reopened after a holiday, weighed downby India's decision to raise its import tax on edible oils.

OILS & FATS  
  18-09-2024

CPO futures end lower for third consecutive trading day

18/09/2024 (Bernama), Kuala Lumpur - Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower for the third consecutive trading day yesterday, mainly driven by India imposing higher import tax on edible oils, according to a trader.

OILS & FATS  
  18-09-2024

Soaps, cosmetics, edible oils to get costlier after hike in import duty on palm oil

17/09/2024 (The Hindu Business Line) - The recent hikes in import duties on crude and refined edible oils by the Indian government will push up the prices of some fast moving consumer products such as soaps, personal care products, and snacks, as well as edible oils.

OILS & FATS  
  18-09-2024

Edible oil makers asked by Centre to keep retail prices in check

17/09/2024 (ANI), New Delhi - A meeting was held between the secretary Department of Food and Public Distribution and representatives of various edible oil industry bodies, wherein they discussed the pricing strategy.

OILS & FATS  
  18-09-2024

Brazilian biodiesel production expected to grow by 18% in 2024

18/09/2024 (Biodiesel Magazine) - Brazilian biodiesel production is expected to increase 18% this year, according to a report filed with the USDA Foreign Agricultural Service’s Global Agricultural Information Network on Aug. 31. Consumption is also forecast to be up 18%.

OILS & FATS  
  17-09-2024

MPOB achieves 70% mapping coverage of oil palm smallholders in its nationwide plantation project

16/09/2024 (Bernama), Kuala Lumpur - The Malaysian Palm Oil Board (MPOB) has successfully mapped around 70 per cent of independent smallholders as part of its project to chart oil palm plantation coverage across the country.

OILS & FATS  
  17-09-2024

CPO futures expected to trade lower next week

15/09/2024 (Bernama), Kuala Lumpur - Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade on a downward bias next week, given the persistent weak demand seen recently, a dealer said.

OILS & FATS  
  17-09-2024

Avoid buying oil palm seed online, says minister

15/09/2024 (New Straits Times), Kuala Lumpur - Smallholders have been urged not to purchase oil palm seeds online from unregistered parties.

OILS & FATS  
  17-09-2024

India raises import tax on edible oils

16/09/2024 (Reuters), Mumbai - India has raised the basic import tax on crude and refined edible oils by 20 percentage points.

OILS & FATS  
  17-09-2024

Looking for land to secure future growth

16/09/2024 (The Edge Malaysia) - Johor-based oil palm planter and crude palm oil (CPO) miller Kim Loong Resources Bhd (KL:KMLOONG) - which is 62.84%-owned by the Gooi family that also controls property developer Crescendo Corp Bhd (KL:CRESNDO) - has clinched a place on The Edge Billion Ringgit Club (BRC) Awards winners’ list this year after a five-year hiatus.

MARKET DEVELOPMENT  
  13-09-2024

India's palm oil imports plunge as buyers shift to soyoil

12/09/2024 (Reuters), Mumbai - India's palm oil imports in August fell more than a quarter from a month ago, primarily driven by sufficient domestic stocks and negative margins that discouraged refiners from purchasing more of the tropical oil, a leading trade body said on Thursday.

MARKET DEVELOPMENT  
  13-09-2024

Edible palm oil reference price rises again in Myanmar

12/09/2024 (Eng.Mizzima) - The wholesale reference price for edible palm oil set by the Military Council was 6,490 Kyat per viss (approx. 1.6 Kg) on 1 September but now refixed at 6,605 Kyat per viss on 9 September, rising by more than 100 Kyat.