Berita Arkib
17-09-2024
Avoid buying oil palm seed online, says minister
15/09/2024 (New Straits Times), Kuala Lumpur - Smallholders have been urged not to purchase oil palm seeds online from unregistered parties.
17-09-2024
India raises import tax on edible oils
16/09/2024 (Reuters), Mumbai - India has raised the basic import tax on crude and refined edible oils by 20 percentage points.
17-09-2024
Looking for land to secure future growth
16/09/2024 (The Edge Malaysia) - Johor-based oil palm planter and crude palm oil (CPO) miller Kim Loong Resources Bhd (KL:KMLOONG) - which is 62.84%-owned by the Gooi family that also controls property developer Crescendo Corp Bhd (KL:CRESNDO) - has clinched a place on The Edge Billion Ringgit Club (BRC) Awards winners’ list this year after a five-year hiatus.
13-09-2024
India's palm oil imports plunge as buyers shift to soyoil
12/09/2024 (Reuters), Mumbai - India's palm oil imports in August fell more than a quarter from a month ago, primarily driven by sufficient domestic stocks and negative margins that discouraged refiners from purchasing more of the tropical oil, a leading trade body said on Thursday.
13-09-2024
Edible palm oil reference price rises again in Myanmar
12/09/2024 (Eng.Mizzima) - The wholesale reference price for edible palm oil set by the Military Council was 6,490 Kyat per viss (approx. 1.6 Kg) on 1 September but now refixed at 6,605 Kyat per viss on 9 September, rising by more than 100 Kyat.
13-09-2024
Palm hits 3-week low as rival oils dip, India weighs duty hike
12/09/2024 (Reuters),Mumbai - Malaysian palm oil futures fell on Thursday to their lowest level in three weeks, on expectations of an import duty hike by top buyer India and in response to weakness in soyoil and palm oil contracts in the Dalian market.
13-09-2024
USDA predicts record soybean yields, production
13/09/2024 (Biodiesel Magazine) - The USDA reduced its forecast for soybean production in its latest monthly Crop Production report, released Sept. 12. Record highs, however, are expected for both soybean yields and soybean production for beans.
13-09-2024
Portugal in the olive oil 'premier league'
12/09/2024 (The Portugal News) - "There are projects in all countries, currently, to improve their production capacity", but, with "the growth rate it has had" and the existing forecasts, Portugal "is clearly in the premier league" of olive oil producing countries, said the executive director of the International Olive Council (IOC), Jaime Lillo.
12-09-2024
Global vegetable oil production continues to grow
11/09/2024 (Oils & Fats International) - Worldwide vegetable production continues to increase alongside rising demand, according to US Department of Agriculture (USDA) data reported by Germany’s Union for the Promotion of Plants and Protein (UFOP).
12-09-2024
Palm oil sector faces headwinds as CPO's edge over soybean oil seen narrowing
11/09/2024 (The Edge Malaysia), Kuala Lumpur - The plantation sector is facing increasing pressure, as crude palm oil (CPO) loses its traditional price edge over soybean oil, raising concerns about palm oil's future competitiveness, analysts said.
12-09-2024
MPOB developing tech solutions to help smallholders meet EUDR requirements
11/09/2024 (Bernama), Rotterdam - The Malaysian Palm Oil Board (MPOB) is actively developing technology solutions to help smallholders meet the additional requirements of the European Union Deforestation Regulation (EUDR).
12-09-2024
Azerbaijan's palm oil imports show mixed trends as experts predict future decline
11/09/2024 (Azernews) - Azerbaijan has maintained its palm oil imports from Southeast Asia in 2024, purchasing 23,818 tons in the first half of the year—a slight increase of 0.6% compared to last year. However, the cost of crude palm oil has decreased by 3.2% due to lower prices, Azernews reports.