Berita Arkib

21/12/2022 (Business Recorder), Singapore - Palm oil looks neutral in a range of 3,861-3,945 ringgit per tonne, and an escape could suggest a direction.

22/12/2022 (The Edge Markets), Kuala Lumpur - Bursa Malaysia rebounded to open slightly higher on Thursday (Dec 22), tracking Wall Street's rally overnight amid improving consumer confidence, said an analyst.

22/12/2022 (Biodiesel Magazine) - Whether buying Christmas presents, purchasing a new car or shopping for food, everyone’s feeling the pinch of inflation. Grocery prices have increased 21 percent (from January 2020 to August 2022), and retail fat and oil prices have increased 30 percent — soybean oil being a key ingredient for frying, baking, margarine, cooking oils and salad dressings. Pair that with soy oil used for biofuel production, which has quadrupled over the past decade, and it’s no wonder soy oil is a hot topic right now. But a new study only adds to evidence that U.S.-grown soybeans are well suited for people looking to cook, fuel up or find other sustainable solutions.

21/12/2022 (Free Malaysia Today) - I would like to clarify the statement made by the Malaysian Palm Oil Board (MPOB) on the European Union’s (EU) legislative proposal “on the making available on the Union market as well as export from the Union of certain commodities and products associated with deforestation and forest degradation”.

21/12/2022 (Borneo Post Online) - CONVERSATIONS about Malaysian palm oil involving Borneo Malaysia – Sabah and Sarawak – can often veer into misinformation. The overarching narrative in these conversations usually focuses on illegal logging, foreign labour, and commercial profiteering.

22/12/2022 (Hellenic Shipping News) - Malaysian palm oil futures jumped on Wednesday to hit a 12-day closing high as concerns over flood-related supply disruptions in the world’s second-largest producer lifted prices.

21/12/2022 (Successful Farming), Jakarta - Indonesia's palm oil fund (BPDPKS) revised down its estimate of crude palm oil inventory by the end of 2023 to 4.37 million tonnes as the country expands its mandatory biodiesel blending programme, the agency's data showed on Wednesday.

21/12/2022 (PKB News) - The Malaysia exchange fell 1.5 percent, while the Chicago exchange is currently up 0.3 percent, sources familiar with the matter said.

21/12/2022 (The Edge Markets), Jakarta - Indonesia will ban exports of bauxite, the main ore source of aluminium, starting from June next year to encourage domestic processing of the material, President Joko Widodo announced on Wednesday (Dec 21).

21/12/2022 (The Edge Markets), Putrajaya - The government is keeping to its stance to implement amendments to the Employment Act 1955 starting Jan 1 next year, including the requirement that approval is needed from the Labour Department's director-general prior to the recruitment of foreign labour.

21/12/2022 (The Malaysian Reserve) - Bursa Malaysia opened slightly lower on Wednesday despite gains on Wall Street overnight amid market jitters on interest rates following Bank of Japan’s (BoJ) move to tighten its monetary policy, said an analyst.

20/12/2022 (The Star Online), Jakarta - Just one month after chairing the internationally applauded Group of 20 (G-20) Summit, bringing together the leaders of the world’s largest 20 economies in Bali, President Joko “Jokowi” Widodo played a leadership role for the 10-member Asean during the summit to commemorate 45 years of its relationship with the 28-member European Union in Brussels on Wednesday (Dec 21).