Berita Arkib

KUALA LUMPUR: Advokasi Perusahaan dan Industri (API), an advocacy group dedicated to promoting business and industry growth, urges consumers, supermarkets and retailers to be informed of the new regulation under the Trade Description Act 2011 (Act 730), which prohibits the use of discriminatory labels against palm oil.

MUMBAI, Aug 14 (Reuters) - India's palm oil imports in July jumped 59% from the previous month to 1.08 million metric tons, the highest in seven months, as refiners took advantage of lower prices to increase purchases, a trade body said on Monday.

Jakarta (ANTARA) - The Council of Palm Oil Producing Countries (CPOPC) has urged the youth from member countries to become actively involved in building a sustainable palm oil industry.

ECONOMIC development would be hampered without talent. All countries, developed or developing, give priority to talent development.

KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade on a slightly upward bias on the back of a strong export performance.

KUALA LUMPUR: Malaysia's end-July palm oil inventories rose to a five-month peak on higher production, data from the country's palm oil board showed on Thursday, but missed expectations as exports grew at a faster pace.

MUMBAI, Aug 10 (Reuters) - Demand for palm oil has been increasing as its discount to soyoil and sunoil has grown, driven by the recent price rise in rival oils due to production concerns in the U.S. and supply disruptions from the Black Sea region, industry officials said.

Indonesia's consumption of palm oil-based biodiesel for the first six months of this year was estimated at 5.41 million kilolitres, data from palm oil fund agency BPDPKS revealed.

(Alliance News) - Dekel Agri-Vision PLC on Thursday said that fresh fruit bunch volumes and crude palm oil production more than doubled in the month of July compared to a year ago.

09/08/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures extended early gains on Wednesday, snapping two straight sessions of losses on improved demand outlook, while the market awaited Malaysian Palm Oil Board (MPOB) data for further direction.

09/08/2023 (Mintec Global) - According to insights gathered from market players, the MPOB report is not expected to bring any major surprises as most of the market aligns with the expected figures. Most of the market players surveyed by Mintec anticipate around a 14% increase in palm production in Indonesia and a 7% to 8% increase in Malaysia for July compared to June. On the other hand, exports have shown strength, with an estimated increase of 6% to 8%. India and China have been stockpiling substantial volumes ahead of holidays and festivals, leading to a minor rally in palm oil prices in Asian and European markets. However, this rally was countered by the subsequent sell-off triggered by the expected production increase.

09/08/2023 (Citizen Digital) - The government has asked the court to lift orders that suspended the decision to import 125,000 metric tonnes of duty free edible oils.