Berita Arkib
10-05-2023
Producers work to ensure palm oil is responsibly sourced
05/05/2023 (Baking Business) - Cargill will be opening a new palm oil refinery in Lampung, Indonesia, later this year, which will enable a fully integrated supply chain from plantation to customer. Cargill’s palm oil sustainability strategy builds on the company’s global priorities, delivering palm oil produced in accordance with No Deforestation, No Peat and No Exploitation (NDPE) practices, Ms. Ullmann said. The company works with a variety of partners to drive change.
10-05-2023
Businesses at odds over edible oil VAT
09/05/2023 (New Age) - Edible oil refiners and wholesalers of the item are engaged in a tussle over the payment of the reinstated Value Added Tax, causing a delay in the supply of the commodity to traders from refineries.
10-05-2023
Sliding edible oil prices: Traders’ body request govt to step in
08/05/2023 (Indian Express) - The state body of oil millers and oilseed traders has appealed to the Central government to step in to arrest the slide in retail prices of edible oils to protect the Indian oilseeds producers and reduce the country’s dependence on imports.
09-05-2023
Europe should do more to support Indonesia’s farmers and SMEs
09/05/2023 (The Jakarta Post) - At the end of March, hundreds of oil palm farmers from across Indonesia rallied outside the European Union Embassy in Jakarta to protest a new regulation that bans the import of products made from agricultural commodities produced on recently deforested or degraded land.
09-05-2023
Palm jumps to near three-week peak on lower output fears
08/05/2023 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures surged more than 4% on Monday to its highest closing in nearly three weeks, as forecasts of a sharper decline in April output triggered production concerns.
09-05-2023
Palm rises to highest in over two weeks on lower output fears
08/05/2023 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures extended gains to a fourth consecutive session on Monday, hitting a more than two-week high, as forecasts of a sharper decline in April output triggered supply concerns.
09-05-2023
Lebanon: Soaring inflation turns olive oil into a luxury
08/05/2023 (DW) - Lebanese olive oil has become unaffordable for many in the crisis-ridden country. As inflation bites and the US dollar reigns supreme, poorer people are forced to part with their traditional local diet.
09-05-2023
Sliding edible oil prices: Traders’ body request govt to step in
08/05/2023 (Indian Express) - The state body of oil millers and oilseed traders has appealed to the Central government to step in to arrest the slide in retail prices of edible oils to protect the Indian oilseeds producers and reduce the country’s dependence on imports.
09-05-2023
Prices of imported soybean, sunflower oils fall by 46-57%
07/05/2023 (Times of India), New Delhi - Prices of imported crude sunflower and soybean oils in India have fallen by 46-57% in the past one year after the opening of the supply chain from war-hit Ukraine. However, the drop in retail and wholesale prices of these two edible oils are barely in the range of 16-17%.
08-05-2023
[Exclusive] Malaysia, Indonesia would become world's largest palm oil producers if they team up, says Jokowi
08/05/2023 (New Straits Times), Kuala Lumpur - Malaysia and Indonesia - the world's largest palm oil-producing nations, should and work together to counter the European Union's (EU) discriminatory trade policies.
08-05-2023
Marine cops seize 3 tonnes of subsidised cooking oil in Semporna, four arrested
07/05/2023 (The Star Online), Kota Kinabalu - Marine police have foiled an attempt to smuggle out some 3.06 tonnes of subsidised cooking oil in Sabah's east coast Semporna district.
08-05-2023
DFPD reviews edible oil prices with stakeholders
07/05/2023 (Northeast Now), New Delhi - The decline in the price of edible oil should be passed on to consumers expeditiously, said secretary DFPD, Sanjeev Chopra during a meeting with the leading industry representatives in the national capital.