Berita Arkib
19-09-2024
India's edible oil demand to rise despite hefty import duty hike
18/09/2024 (Reuters), Mumbai - India's edible oil consumption is set to grow at a pace of 2%-3% as cooking oils remain affordable despite an import duty hike, a leading importer told Reuters on Wednesday.
19-09-2024
Indonesia plans to cut export duty on palm oil
18/09/2024 (Business Line) - Indonesia, one of the largest exporters of palm oil, plans to cut export duty on palm oil early next month to support its farmers amid drop in demand.
19-09-2024
Swiss govt supports Sabah’s Jurisdictional Approach for Sustainable Palm Oil
18/09/2024 (Borneo Post Online), Kota Kinabalu - The Embassy of Switzerland in Malaysia conducted a significant visit to Kota Kinabalu on September 12 and 13, engaging with key stakeholders driving the Sabah Jurisdictional Approach for Sustainable Palm Oil (JASPO).
19-09-2024
Soybeans Falling Off Early Session Highs
18/09/2024 (Barchart) - Soybeans were posting double digit gains to start the day session, but are fading back to just 1 to 2 cent higher trade at midday. CmdtyView’s national front month Cash Bean price is up 1 ¾ cents at $9.46 ¾. Front month Soymeal futures are down $2.10/ton. Soy Oil futures are up just 12 points at midday.
19-09-2024
Report: China’s biobased diesel production to fall in 2024
19/09/2024 (Biodiesel Magazine) - A report filed with the USDA Foreign Agricultural Service’s Global Agricultural Information Network discusses how China’s domestic biobased-diesel industry has been impacted by the European Union’s provisional antidumping duties on biodiesel and renewable diesel.
18-09-2024
Palm slides as India hikes import tax on edible oils
17/09/2024 (Reuters), Kuala Lumpur - Malaysian palm oil futures slipped on Tuesday, when the market reopened after a holiday, weighed downby India's decision to raise its import tax on edible oils.
18-09-2024
CPO futures end lower for third consecutive trading day
18/09/2024 (Bernama), Kuala Lumpur - Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower for the third consecutive trading day yesterday, mainly driven by India imposing higher import tax on edible oils, according to a trader.
18-09-2024
Soaps, cosmetics, edible oils to get costlier after hike in import duty on palm oil
17/09/2024 (The Hindu Business Line) - The recent hikes in import duties on crude and refined edible oils by the Indian government will push up the prices of some fast moving consumer products such as soaps, personal care products, and snacks, as well as edible oils.
18-09-2024
Edible oil makers asked by Centre to keep retail prices in check
17/09/2024 (ANI), New Delhi - A meeting was held between the secretary Department of Food and Public Distribution and representatives of various edible oil industry bodies, wherein they discussed the pricing strategy.
18-09-2024
Brazilian biodiesel production expected to grow by 18% in 2024
18/09/2024 (Biodiesel Magazine) - Brazilian biodiesel production is expected to increase 18% this year, according to a report filed with the USDA Foreign Agricultural Service’s Global Agricultural Information Network on Aug. 31. Consumption is also forecast to be up 18%.
17-09-2024
MPOB achieves 70% mapping coverage of oil palm smallholders in its nationwide plantation project
16/09/2024 (Bernama), Kuala Lumpur - The Malaysian Palm Oil Board (MPOB) has successfully mapped around 70 per cent of independent smallholders as part of its project to chart oil palm plantation coverage across the country.
17-09-2024
CPO futures expected to trade lower next week
15/09/2024 (Bernama), Kuala Lumpur - Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade on a downward bias next week, given the persistent weak demand seen recently, a dealer said.