Berita Arkib

SINGAPORE: Malaysian palm oil futures will likely fall a further 2-3 percent after India, the world's biggest buyer, raised its import duties to the highest in a decade, top industry analyst Dorab Mistry said on Tuesday.

PETALING JAYA: Boustead Plantations Bhd image: https://cdn.thestar.com.my/Themes/img/chart.png registered a 1405% surge in net profit at RM562.42mil for the third quarter ended September 30, 2017, from the previous corresponding quarter.

KUALA LUMPUR: Palm oil futures, which have plunged more than RM200 or 10 per cent to RM2,627 per tonne in the last two weeks, is likely to drop further to RM2,580 as traders' pessimism persist.

KUCHING: The United Nations Environment Project (UN Environment) and the Roundtable on Sustainable Palm Oil (RSPO) are committed to improving the livelihood of palm oil smallholders.

KUALA LUMPUR: The government has not neglected oil palm smallholders and is continuously working to improve crop yields to improve their standard of living.

New Delhi, Nov 21 Crude palm oil prices rose by 2.36 per cent to Rs 582.30 per 10 kg in futures trade today, driven by more bets on positive cues from the spot market after surge in demand

Indian soyoil and crude palm oil futures jumped by the daily maximum limit of 4 percent on Monday after the government raised import tax on edible oils, traders said.

SINGAPORE – Wilmar International Limited Wilmar’s wholly-owned subsidiary, Wilmar Kuantan Edible Oils Sdn. Bhd., has entered into an agreement with Cargill Palm Plantation Sdn. Bhd. (Cargill) for the purchase of Cargill’s edible oil facilities in Kuantan, Malaysia. The edible oil facilities include a palm oil refinery and a neighboring storage facility

Yangon Chief Minister U Phyo Min Thein has urged edible oil merchants and businessmen to invest in the local cooking oil sector.

KUALA LUMPUR: Sime Darby Bhd, which exports nearly one million tonnes of palm products to India yearly, expects its profit to be hit by India’s highest-ever import levy hike on crude palm oil (CPO) and refined palm oil in more than a decade.

Indonesian biodiesel producers are in search of new export markets after the USA announced to introduce heavy anti-dumping duties and anti-subsidy rates on palm oil-based biodiesel imports from Indonesia. The Trade Ministry said Indonesia exported USD $255.6 million worth of biodiesel to the USA in 2016. This constitutes 89.2 percent of Indonesia's total biodiesel shipments.

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday Nov 21.