Berita Arkib

18/12/2022 (The Star Online), Bangkok - Indonesia’s mandate to use more palm oil for producing biofuels and lower reserves in Malaysia will continue to support the tropical oil in the coming months, according to veteran trader Dorab Mistry.

19/12/2022 (Hellenic Shipping News) - Malaysian palm oil is expected to trade at between 3,500 and 5,000 ringgit per tonne from now until the end of May as stocks in the commodity’s top two producer countries deplete, leading industry analyst Dorab Mistry said.

18/12/2022 (Zawya) - A Malaysian company is currently in talks with Egypt to establish a two-stage palm oil production project with investments totalling $30 million, the Middle East News Agency (MENA) cited the Egyptian Commercial Service’s (ECS) Head, Yahya Elwathik Bellah.

16/12/2022 (Deccan Herald) - India raised the base import prices of crude palm oil and soy oil, gold and silver, the government said in a statement late on Thursday, as prices jumped in the world market.

17/12/2022 (The Borneo Post), Miri - Deputy Prime Minister Dato Sri Fadillah Yusof should urgently address concerns and unresolved issues affecting all Dayak oil palm smallholders in Sarawak, said Sarawak Dayak Oil Palm Planters Association (Doppa) president Napoleon R. Ningkos.

16/12/2022 (The Daily Star) - The retail price of palm oil has been reduced by Tk 4 while soybean oil by Tk 5 a litre in the country.

17/12/2022 (Nigerian Tribune) - Palm kernel oil, also referred to as palm oil, is an extract from the seed of palm fruit. It is an edible oil that is rich in saturated fats which does not contain carotenoids. Palm fruit is popularly known for its tremendous health benefit to the body. It has a wide range of applications, including nourished hair, soft skin, and healthy food. It is used for various snack products, wax, skincare and cosmetic products.

15/12/2022 (The Borneo Post), Kuching - Palm oil sludge can be used for the solar panel industry, giving the industry the opportunity to be part of a sustainable circular economy, said Premier of Sarawak Datuk Patinggi Tan Sri Abang Johari Tun Openg.

14/12/2022 (The Edge Markets), Kuala Lumpur - It is unlikely that plantation companies will continue to post double-digit profit growths in 2023, according to analysts, due to lower crude palm oil (CPO) prices, higher energy costs, and costlier raw material.

14/12/2022 (The Edge Markets) - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives settled higher for the second consecutive day as demand for the commodity improved on better market sentiment.

15/12/2022 (Successful Farming) - Rapeseed output in India is likely to rise to a record high in 2023 as higher prices have encouraged farmers to plant the main winter oilseed on nearly 9% more area than a year ago, trade and industry officials said.

15/12/2022 (China Dialouge) - With the way the environment is being destroyed, the way climate change is happening, the way we travel, the way we consume, it’s just a matter of when the next pandemic will happen.”