Berita Arkib
11-01-2023
December palm oil stocks slip to four-month low
Malaysia’s December palm oil end-stocks fell to the lowest since August as widespread flooding hit production during the year-end monsoon season, Malaysian Palm Oil Board (MPOB) data showed yesterday.
11-01-2023
Indonesia’s biofuel push must go beyond palm oil to reduce risk, experts say
Indonesia must develop a new feedstock alternative to palm oil as the government intensifies an ambitious biofuel program meant to move away from diesel, observers say.
11-01-2023
China’s soybean imports have peaked and will keep falling as Beijing stresses food security, report says
China’s soybean imports appear to have already hit their peak level and will gradually decline through 2030 as Beijing continues its effort to double down on food security, according to a new report.
11-01-2023
Edible oil imports stall as dollars run short
Edible oil has started disappearing from the market as importers struggle to pay for cargoes stuck at the port amid a dollar shortage in the country and unofficial non-tariff barrier (NTFs) imposed by the authorities, industry officials said on Tuesday.
10-01-2023
Palm oil reverses early losses on tight supply concerns
Malaysian palm oil futures reversed early losses on Monday, after prices hit an 11-day low, buoyed by stronger crude futures and expectations of tight supply as traders await key data.
10-01-2023
Indonesia and Malaysia agree to fight "discrimination" against palm oil
Indonesia and Malaysia, the world's biggest producers of palm oil, agreed on Monday to work together to fight "discrimination" against the commodity after a meeting between leaders from the countries.
10-01-2023
SEA Seeks Hike In RBD Palmolein Import Duty To 20% To Protect Domestic Refiners
Edible oils industry body SEA on Monday urged the Centre to increase import duty on RBD palmolein from the current 12.5 per cent to 20 per cent to discourage cheaper imports and protect domestic refiners.
10-01-2023
Plantation sector likely to be less volatile in 2023: UOB Kay Hian
UOB Kay Hian analysts Leow Huey Chuen and Jacquelyn Yow are maintaining their “market weight” rating on the plantation sector, expecting it to be less volatile in 2023 compared to last year.
10-01-2023
Turkey tenders to buy about 24,000 tonnes sunflower oil – traders
HAMBURG, Jan 9 (Reuters) - Turkey's state grain board TMO has issued an international tender to purchase about 24,000 tonnes of crude sunflower oil, European traders said on Monday.
10-01-2023
MoU signed for oil palm expansion in Nagaland
A Memorandum of Understanding (MoU) was signed between the Government of Nagaland, represented by the Director of Agriculture, Nagaland and Godrej Agrovet Limited (GAVL) represented by CEO- Oil Palm Business, Godrej Agrovet Limited, Godrej One, Mumbai, Maharashtra today at the Directorate of Agriculture, Kohima.
09-01-2023
Indonesia reduces palm oil exports to ensure supply at home
06/01/2023 (The Star Online), Jakarta - Indonesia, the world’s biggest palm oil producer, will cut its overseas shipments of the commodity, as it tightens a policy requiring companies to keep more supply at home.
09-01-2023
KPDN busts syndicate involves in misappropriating diesel using oil palm tankers
06/01/2023 (The Sun Daily), Ipoh - The Ministry of Domestic Trade and Cost of Living (KPDN) busted a syndicate involved in misappropriating subsidised diesel using palm oil tankers with the arrest of five men, including three foreigners, in a raid at a premises in the Silibin Industrial Area yesterday.