Berita Arkib

Indonesia's energy ministry is aiming to allocate 3.46 million kilolitres for biodiesel in 2018, according to a government document seen by Reuters, a plan expected to boost consumption of the palm-based biofuel.

The Minister for Agriculture Animal Industry and Fisheries Vincent Bamulamgaki Ssempijja has asked both international and local conservationists to stop criticizing government for promoting the vegetable oil project especially in the districts of Kalangala and Buvuma where oil palm tree projects is being implemented.

Malaysian palm oil futuresslipped in early trade on Tuesday on technical correction after two straight sessions of sharp gains.

Malaysian palm oil futures rose over 1 per cent on Monday evening for a second consecutive session of gains, as the market was supported by strength in related edible oils and firm demand.

Crude palm oil prices moved down by 0.15 per cent to Rs 659 per 10 kgs in futures market today as speculators booked profits at higher levels amid easing demand in the spot market.

The rate of deforestation in selective-logging concessions in parts of Indonesia has unexpectedly overtaken those of pulpwood and oil palm concessions, a new study shows.

MIDF Research expects the United States Department of Agriculture’s (USDA) report on less soybean to be planted in the US this year as positive news for crude palm oil (CPO) price.

The Ministry of Plantation Industries and Commodities is intensifying efforts to promote and expand domestic and foreign markets by participating in exhibitions, trade expos and technical missions to promote and increase public awareness of the quality of Malaysian palm oil products.

Amid pickup in demand at domestic spot market, crude palm oil prices were up by 0.69 per cent to Rs 656.30 per 10 kg in futures trading today as speculators created fresh positions.

FSSAI has revised the existing standards for oils and fats and added new standards harmonised with those of Codex. In this regard, the apex regulator has issued a draft notification detailing the new standards and regulations for the oils and fats category.

Felda Global Ventures Holdings Bhd (FGV)'s share price could be re-rated following a successful execution of its plans to raise yields as well as cost and capital allocation optimisation, according to CIMB Research.

The opposition’s manifesto to review investments from China will jeopardise trade links with China, said Minister of International Trade and Industry (MITI) Datuk Seri Mustapa Mohamed.