Berita Arkib

21/09/2022 (The Edge Markets), AGRA, India - India's palm oil imports in 2022/23 could jump 9% from a year earlier on a rise in domestic consumption and as competitive prices allow the tropical oil to regain its share in the world's biggest market, a Reuters survey showed on Wednesday.

21/09/2022 (The Edge Markets), Kuala Lumpur - Malaysia should further expand its market share in China’s bakery fats market, said Plantation Industries and Commodities Minister Datuk Zuraida Kamaruddin.

21/09/2022 (The Edge Markets), Kuala Lumpur - The crude palm oil futures contract on Bursa Malaysia Derivatives ended higher for the second consecutive day on Wednesday on growing export demand and sluggish production pace, a dealer said.

21/09/2022 (Financial Post) - The European Union has declared war on palm oil — the oil derived from palm trees, which have to be cut down to extract it. Several new proposals suggest the EU is set on forcing the innocuous vegetable oil out of the European market. Perhaps most importantly, Renewable Energy Directive II will phase out palm oil imports for use as a biofuel by 2030.

22/09/2022 (Hellenic Shipping News) - Malaysian palm oil futures rose to a week’s high on Wednesday, buoyed by strong demand from top buyer India and higher crude prices that make palm an attractive option for biodiesel feedstock.

21/09/2022 (Business Recorder), Singapore - Palm oil may retest a resistance at 3,796 ringgit per tonne, a break above which could lead to a gain into 3,847-3,897 ringgit.

21/09/2022 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures ended higher after volatile trade on Tuesday, lifted by a surge in exports during Sept. 1-20 amid rising demand from top buyer India ahead of a key festival there.

21/09/2022 (The Star Online), Petaling Jaya - Malaysia’s trade remained sturdy in August with double-digit growth recorded for exports and imports.

20/09/2022 (The Edge Markets) - THE Malaysian palm oil inventory, which is likely to have surpassed two million tonnes for the first time in two years, is expected to add further downward pressure on crude palm oil (CPO) prices that have fallen from their peak in April this year.

20/09/2022 (The Star Online), JAKARTA/MUMBAI (Reuters) - Indonesian palm oil producers are whittling down their hefty inventory overhang with discounts versus rivals and aggressive sales to India, where demand is picking up for next month's Diwali festival, industry officials said.

20/09/2022 (The Edge Markets), Miri - Malaysia’s palm product export revenue increased significantly for the first six months of this year, totalling 14.05 million tonnes with a value of RM71.02 billion.

20/09/2022 (New Straits Times), Singapore - Malaysia hopes that oil palm biomass will be accepted as a feedstock for the production of sustainable aviation fuel (SAF) given the rising demand for the use of the jet fuel alternative worldwide.