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Berita Arkib

MARKET DEVELOPMENT  
  10-08-2015

Crude Palm Oil Weekly Report – August 8, 2015

10/08/2015 (Borneo Post) - Malaysian palm oil futures edged lower on Friday to 2,042, nearing its 11-month lows, tracking comparative oils lower and on demand concerns ahead of trade data due out this coming week.

MARKET DEVELOPMENT  
  10-08-2015

Russian Concerns Over Safety of Palm Oil Prompt Legislative Action

10/08/2015 (The Moscow Times) - The destruction of banned Western food imports may be dominating the headlines in Russia, but the debate over another controversial food issue — that of palm oil and its effect on people's health — is also raging on the sidelines.

MARKET DEVELOPMENT  
  10-08-2015

Supply Glut Cools Palm Oil

10/08/2015 (Hindu Business Line) - Crude palm oil prices have been moving southwards for more than a year now, as demand for bio-diesel (which uses palm oil as input) has fallen due to the sharp correction in crude oil prices. The record harvest in soyabean and lower prices have also seen demand shifting from palm oil to soyaoil in major consuming countries like India and China. In March, Indonesia announced a plan to increase the blending rate of palm oil with diesel, to 15 per cent from 10 per cent currently.

MARKET DEVELOPMENT  
  10-08-2015

Nigeria’s Agro-products And EU Ban

10/08/2015 (Leadership Newspapers) - Recently, it was reported that the European Union (EU) has placed a ban on a number of Nigeria’s agricultural products, for not meeting the quality standards set for such items destined for their markets. In other words, the products failed the standardisation test and, therefore, did not meet the stringent international exports standards of countries in the Union. The items include beans, sesame seeds, dried fish, dried meat, peanut chips and palm oil. The restriction, it also indicated, will last till June next year.

MARKET DEVELOPMENT  
  07-08-2015

VEGOILS-Market Factors to Watch August 7

07/08/2015 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

MARKET DEVELOPMENT  
  07-08-2015

Pakistan To Explore New Areas Of Cooperation With Malaysia

07/08/2015 (Bernama) - Pakistan is looking to explore new areas of cooperation with Malaysia, especially in the halal industry.

MARKET DEVELOPMENT  
  07-08-2015

Malaysia To Renew Push To Set Up Oil Palm Plantations In The Philippines

07/08/2015 (Bernama) - Malaysia will renew the push to set up oil palm plantations in the Philippines after the first attempt over 20 years ago resulted in a dead end, said Malaysian Palm Oil Council.

MARKET DEVELOPMENT  
  07-08-2015

Palm Oil Industry Update Indonesia: CPO Production at 40 Million by 2020?

07/08/2015 (Indonesia Investments) - Indonesia’s production of crude palm oil (CPO) is expected to reach 40 million tons in 2020, in line with the government’s national program and downstream CPO roadmap. At the 3rd Indonesia International Palm Oil Processing Machinery & Technology Exhibition, Pranata, Director of Forest and Plantation Industries at the Indonesian Industry Ministry, said that, based on the roadmap, targeted CPO production growth should average 6.8 percent per year up to 2020, so the country will produce 40 million tons by that year.

MARKET DEVELOPMENT  
  07-08-2015

Indonesia Needs Institutional Reforms to Boost Growth

07/08/2015 (Jakarta Post) - Over the last five years, Indonesian gross domestic product (GDP) growth peaked at 6.5 percent in the first quarter of 2011 and has steadily fallen to 4.71 percent in the first quarter of 2015.

MARKET DEVELOPMENT  
  07-08-2015

We Need A Holistic Look at Tax on Palm Oil – OPDAG President

07/08/2015 (Citifmonline) - The President of The Oil Palm Development Association of Ghana (OPDAG) Mr. Samuel Awonnea Avaala, has called on all stakeholders in the Palm Oil sector to come together for a boarder consultation on key issues affecting the industry including Import Adjustment Tax (IAT) on Crude Palm Oil (CPO) to adopt a common position for the greater good of the entire value chain.

MARKET DEVELOPMENT  
  07-08-2015

June Trade Balance Boosted By Higher Exports, Lower Imports

07/08/2015 (The Star) - Malaysia’s June trade balance at RM8bil in June was the highest in five months, underpinned by higher exports and lower imports from a year ago, said MIDF Equities Research.

MARKET DEVELOPMENT  
  07-08-2015

Chinese Soy Crush Margins to Stay Positive, Says Wilmar

07/08/2015 (AgriMoney.com) - Wilmar International expects Chinese soybean crushing margins to remain above the breakeven point for the rest of the year.