Berita Arkib

27/05/2024 (Chemanalyst) - The European market has experienced a significant rise in Rapeseed Oil prices during April and early May, with projections indicating this trend will continue throughout May and beyond. This increase is driven by a combination of factors including reduced Rapeseed production, tight global vegetable oil supplies, and growing demand for biofuels. These factors have collectively made Rapeseed Oil highly sought after, resulting in price increases despite the overall availability of oilseeds globally.

27/05/2024 (The Business Standard) - It emphasised the important role of vitamin-fortified edible oil in combating nutritional deficiency and improving public health. Apart from posing a threat to public health, the sale of unpacked edible oil in unhealthy drums is a barrier to proper implementation of the Vitamin Fortification in Edible Oil Act, 2013, says PROGGA (Knowledge for Progress).

27/05/2024 (Agus) - Japanese renewable power producer Erex is planning to launch biomass generation projects in Cambodia, aiming to build up to five 50MW plants by 2030.

27/05/2024 (Irishexaminer) - Newlat Group will own around 44% of the new company, which will have expected consolidated turnover of about €3bn, Newlat said.

26/05/2024 (The Nation), Islamabad - Imports of edible oil including soyabean and palm into the country during the first 10 months of the current financial year decreased by 54.61 percent and 25.73 percent respectively as compared to the imports of the corresponding period of the last year. During the period from July-April 2023-24, over 108,205 metric tons of soyabeans valued at $116.600 million were imported to fulfill the local requirements of edible oil and vegetable ghee as compared to the imports of 180,373 metric tons costing $256.913 million of the same period of last year.

26/05/2024 (Business Recorder), Mumbai - Malaysian palm oil futures erased early gains to end lower on Friday as a recovery in production offset the weakness of the Malaysian ringgit and expectations of improved demand after the prices of rival soft oils rallied more than palm oil this week.

27/05/2024 (Inquirer.Net) - Garcia Refinery Corp. (Gareco) has started construction of its P600-million palm oil refinery in Soccsksargen, the first of its kind in Mindanao, that could help advance the local industry.

24/05/2024 (The Star), Kuala Lumpur - IOI Corp Bhd expects crude palm oil (CPO) price to hover within the range of RM3,700 to RM4,100 per tonne during the next three months.

26/05/2024 (Bernama), Kuala Lumpur - Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani will lead a Malaysian delegation to Egypt and Türkiye for a working visit from May 27 to June 1, 2024.

22/05/2024 (UkrAgroConsult) - Malaysian palm oil futures declined on Tuesday, weighed down by a drop in exports of oil products in May. The benchmark palm oil contract FCPOc3 for August delivery on the Bursa Malaysia Derivatives Exchange closed down 58 ringgit or 1.48%, at 3,863 ringgit ($822.26) a metric ton.

23/05/2024 (The Star) - Since 2017, residents of SS14 in Subang Jaya, Selangor, have had a way to properly dispose of their used cooking oil. Instead of clogging drains with the oil, they can discard it into a collection drum at a nearby park, and get rewarded for it.

23/05/2024 (Market Screener), Winnipeg - The ICE Futures canola market was higher on Thursday despite mixed comparable oils.