Berita Arkib

15/01/2013 (Bloomberg) - Malaysia will allow shipments of crude palm oil at zero duty for another month in February as the second-largest producer seeks to reduce record stockpiles and boost competition with Indonesia, the top supplier.

15/01/2013 (India Blooms) - India, the world’s largest importer and consumer of palm oil, is showing escalating interest towards sustainable palm oil as reflected by the country’s substantial increase in membership in the international multi stakeholder organization, the Roundtable on Sustainable Palm Oil (RSPO).

15/01/2013 (Bloomberg) - Cooking oil imports by India, the world’s largest palm oil buyer, jumped last month after a decline in prices of the tropical commodity and domestic oilseed supplies spurred demand, a processors’ group said.

15/01/2013 (Reuters) - Five former Cargill traders have joined Singapore-listed palm oil firm Golden-Agri Resources Ltd early this year, a source with direct knowledge of the matter told Reuters on Monday.

14/01/2013 (WorldCrunch) - It’s late November, patches of a green mountainous landscape are piercing through the morning fog. They follow a regular pattern, typical of palm oil plantations. The trees’ bases are surrounded by burned vegetation – a sign that pesticides were used.

14/01/2013 (Bernama) - The government is confident that implementation of the 10 per cent palm biodiesel blending (B10 programme) for the non-subsidised sector will ease the current record high palm oil stock.

14/01/2013 (Bernama) - The government will maintain the current zero export tax on crude palm oil (CPO) for February as the base price is below RM2,250 a tonne.

14/01/2013 (Borneo Post) - The European Central Bank (ECB) and Bank of Eng­land (BOE) both held the benchmark rates unchanged last week.

14/01/2013 (Borneo Post) - Crude palm oil futures (FCPO) on Bursa Ma­laysia Derivatives plunged this week due to bearish fundamental reports released during the week.

14/01/2013 (Bloomberg) - Palm oil gained the most in more than a week after Malaysia, the world’s second-largest producer, said it will allow duty-free exports of the crude variety for a second month in February to boost shipments.

14/01/2013 (Business Recorder) - Monthly palm oil imports by India, the world\'s top edible oil importer, rose 17 percent in December, fed by scarce domestic supply of alternatives and attractive overseas prices due to record stocks in key supplier Malaysia, a Reuters survey showed. Traders said palm oil imports could rise again in January as Malaysia waived an export duty with effect from January 1 in a bid to reduce its bulging stocks.

14/01/2013 (Reuters) - Indonesia should embrace its key role in climate change and extend a ban on the destruction of forests and peatlands despite opposition from the agriculture minister and the influential palm oil industry, a senior forestry ministry official said.