Berita Arkib

16/11/2022 (The Malaysian Reserve) - PLANTERS will likely register a weaker performance, both quarter-on-quarter (QoQ) and year-on-year (YoY), in their upcoming quarterly results on the back of lower palm oil prices, said a local research house.

16/11/2022 (Hellenic Shipping News) - Malaysian palm oil futures reversed early gains on Tuesday, falling to a more than two-week trough as a stronger ringgit and weaker rival edible oils outweighed a surge in exports.

15/11/2022 (Rissa Diary), New Delhi - In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes & Customs, being satisfied that it is necessary and expedient to do so, hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 36/2001-Customs (N.T.), dated the 3rd August, 2001, published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S. O. 748 (E), dated the 3rd August, 2001.

15/11/2022 (Zawya) - Egypt’s trade deficit inched up 0.6% year-on-year (YoY) to $4.18 billion in August 2022, according to data released by the Central Agency for Public Mobilization and Statistics (CAPMAS) on November 13th.

17/11/2022 (New Straits Times), Kuala Lumpur - Hong Leong Investment Bank (HLIB) Research expects the crude palm oil (CPO) price will sustain above RM4,000 per tonne over the next few months, possibly until the first quarter of 2023 (Q1 2023).

16/11/2022 (Business Recorder), Mumbai - Malaysian palm oil futures fell for the third straight day on Wednesday to near their lowest level in more than two weeks on higher stocks and concerns over demand from leading buyer China as it struggles with rising COVID-19 cases.

15/11/2022 (The Star Online), Kuala Lumpur - Malaysian palm oil will likely trade between RM3,800 per tonne and RM4,200 per tonne until the second quarter of 2023 (Q223), as palm oil production is forecast to recover slightly next year.

15/11/2022 (Daily Express), Kuala Lumpur - The palm oil situation is expected to remain uncertain in 2023 as factors such as weather, labour situation and currency stability would shape the landscape of palm oil supply and demand balance.

15/11/2022 (Hellenic Shipping News) - Disruptions to crude palm oil supplies because of tropical storms are expected continue into the first quarter of 2023 , keeping prices upbeat in the near-term,Malaysia’s industry officials said.

15/11/2022 (Hellenic Shipping News) - India’s palm oil imports in 2021/22 fell 4.8% from a year ago as the overseas buying of soyoil jumped 45.3% to a record high after Indonesia restricted shipments of the tropical oil, a leading trade body said.

16/11/2022 (China Daily) - Closer China-Indonesia economic and trade cooperation will benefit the two countries and add new growth momentum to the regional and world economy, experts and business leaders said, adding that the two populous developing countries share huge trade complementarity, entwined interests and great economic cooperation potential.

14/11/2022 (The Star Online), Jakarta - Indonesia's trade surplus is seen narrowing slightly in October to $4.5 billion, amid weakening in global trade and moderating commodity prices, a Reuters poll showed on Monday.