Berita Arkib

THE FEDERATION of Philippine Industries (FPI) urged the government to review its policy of allowing the tax-free importation of palm oil, citing the adverse impact on the domestic coconut industry.

Malaysian palm oil futures rose more than 3% on Tuesday, tracking strength in related edible oils amid threats to the Black Sea grain corridor deal, while a weaker Malaysian ringgit lent some support.

SINGAPORE: Palm oil may retest a support at 3,577 ringgit per tonne, a break below which could cause a fall to 3,520 ringgit.

There has been a sharp spike in edible oil imports during the first five months of the current oil year (November-December) due to softening global prices of palm, soybean and sunflower oils.

Bogor, W Java (ANTARA) - Indonesian President Joko Widodo (Jokowi) expressed his concern over several discriminatory regulations issued by the European Union (EU) while receiving a courtesy call from the Prime Minister (PM) of the Czech Republic, Petr Fiala.

SINGAPORE: Malaysian palm oil futures ended more than 4% higher on Tuesday, the biggest daily gain since December, tracking strength in related edible oils amid threats to the Black Sea grain corridor deal, while a weaker Malaysian ringgit lent some support.

17/04/2023 (The Star Online), Kuala Lumpur - Malaysia has maintained its May export tax for crude palm oil at 8% and raised its reference price, a circular on the Malaysian Palm Oil Board website showed on Monday.

17/04/2023 (The Star Online), Kuching - Oil palm plantation companies in Sarawak are now allowed to recruit foreign workers from several other countries other than Indonesia.

17/04/2023 (Channel News Asia), Jakarta - Indonesia has formed a new task force to improve governance in the palm oil plantation sector, aiming to ensure companies comply with rules including on tax payments, its deputy finance minister said on Monday.

17/04/2023 (The Borneo Post Online), Putrajaya - The 60,000-tonne quota for subsidised cooking oil remains for now, the Ministry of Domestic Trade and Cost of Living (KPDN) said today.

17/03/2023 (Nasdaq), Jakarta - Malaysian palm oil futures rebounded on Monday, underpinned by data showing a sharp drop in Indonesia's February inventories, and a weaker Malaysian ringgit.

17/04/2023 (Business Recorder), Jakarta - Malaysian palm oil futures recovered on Monday, on the back of a sharp drop in Indonesia’s February inventories, and a weaker Malaysian ringgit.