Berita Arkib
07-09-2023
USDA: US biodiesel imports exceed biodiesel exports in July
The U.S. exported 97,462.6 metric tons of biodiesel and biodiesel blends of B30 and greater in July, according to data released by the USDA Foreign Agricultural Service on Sept. 6. Biodiesel imports were at 104,711 metric tons for the month.
07-09-2023
CPO futures end mostly lower on expectation of higher production
KUALA LUMPUR (Sept 6): Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) closed mostly lower for the third consecutive day on Wednesday, on expectation of higher production in Malaysia, which continues to dominate market sentiment.
07-09-2023
El Nino could keep CPO prices elevated at RM3,800-4,200 per tonne, says MIDF
KUALA LUMPUR (Sept 6): El Nino events, which are expected to constrict the supply side, will keep crude palm oil (CPO) prices elevated at RM3,800-4,200 per tonne.
07-09-2023
Palm oil closes down on bearish polls on inventories
JAKARTA: Malaysian palm oil futures closed lower for a third consecutive session on Wednesday after expectations of bearish inventory data pulled down prices while weaker rival oils weighed.
06-09-2023
Need for better policies to attract palm oil FDIs
05/09/2023 (Daily Express), Kota Kinabalu - The state government needs to be more proactive, especially to introduce policies which are more attractive and competitive to attract Foreign Direct Investment (FDI), if it aspires to develop its palm oil downstream industry, said Datuk Hong Ngit Ming, Executive Chairman of Teck Guan Group (Teck Guan).
06-09-2023
Malaysian palm oil industry demonstrated resilience despite external factors, Bursa chairman tells Sarawak conference
05/09/2023 (Malay Mail), Kuching - Despite the influence of external factors on the world’s palm oil prices, the Malaysian palm oil industry had demonstrated resilience in the first half of 2023, Bursa Malaysia Berhad chairman Tan Sri Abdul Wahid Omar said today.
06-09-2023
Premier: Robust CPO prospects for Sarawak, held by strong first half-year production
05/09/2023 (The Borneo Post), Kuching - The prospects of crude palm oil (CPO) production for Sarawak remain robust, as indicated by 1.7 million metric tonnes recorded in the first half of this year, says Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg.
06-09-2023
Sarawak premier tells oil palm planters mechanised harvesting can solve labour shortage
05/09/2023 (Malay Mail), Kuching - Sarawak Premier Tan Sri Abang Johari Openg today urged the oil palm plantation sector to look at mechanisation, particularly at harvesting, to overcome the labour shortage.
06-09-2023
India’s Erratic Monsoon Could Hurt Soybean Crop and Drive Up Edible Oil Imports
06/09/2023 (GRO Intelligence) - India’s monsoon has delivered erratic rainfall across many of the country’s major crop-producing regions. Soybeans, India’s biggest oilseed crop, could especially suffer from the adverse conditions and possibly force the world’s No. 1 vegetable oil importer to seek out additional edible oil supplies.
06-09-2023
Edible oil prices may not rise during festive season due to good supply
05/09/2023 (Business Standard) - Prices of edible oils may not rise during the upcoming festive season as international supply is good, said executives of leading fast-moving consumer goods (FMCG) companies.
06-09-2023
Govt’s subsidised cooking oil affects sales, says FFM
05/09/2023 (The Edge Malaysia), Kuala Lumpur - The government’s subsidy for the vast amount of repackaged cooking oil in the market have affected sales, said FFM Bhd chief executive officer Jeremy Goon.
05-09-2023
Palm oil closes down due to weaker rivals oils
Malaysian palm oil futures ended lower on Monday, dragged down by weaker rival oils on the Dalian and Zhengzhou Commodity Exchanges.