Berita Arkib
19-03-2024
Malaysian palm oil producers welcome expected delay in EUDR regulations
18/03/2024 (Confectionery Production) - Palm oil producers in Malaysia have reportedly welcomed plans from the EU that would see a delay in implementing its much-publicised deforestation regulation policies that have met with fears in South East Asia and Latin America over elevated costs for farmers, reports Neill Barston.
19-03-2024
Soybean oil futures now available for trading on Bursa Malaysia Derivatives
18/03/2024 (The Edge Malaysia), Kuala Lumpur - Bursa Malaysia Derivatives Bhd (BMD) has commenced trading of the Bursa Malaysia DCE Soybean Oil Futures (FSOY) contract, the first non-palm-based edible oil futures contract listed on the exchange.
19-03-2024
Brazil’s Chamber of Deputies approves proposal to raise biodiesel mandate to 20% in 2030
18/03/2024 (Fastmarket) - The Brazilian Chamber of Deputies approved late Wednesday the Fuels of the Future proposal that increases the rate of mandatory blending of biodiesel in diesel.
18-03-2024
Indonesia begins red cooking oil production with plant in North Sumatra
16/03/2024 (The Star Online), Jakarta - President Joko Widodo inaugurated Indonesia’s first red cooking oil production facility in North Sumatra this week, aiming to advance the country's palm oil industry and empower farmers.
18-03-2024
Brazil’s Chamber of Deputies approves proposal to raise biodiesel mandate to 20% in 2030
16/03/2024 (The Star Online), Jakarta - President Joko Widodo inaugurated Indonesia’s first red cooking oil production facility in North Sumatra this week, aiming to advance the country's palm oil industry and empower farmers.
18-03-2024
Malaysia keeps April crude palm oil export duty at 8%
15/03/2024 (The Star Online), Kuala Lumpur - Malaysia maintained its export tax for crude palm oil at 8% for April and raised its reference price, a circular on the Malaysian Palm Oil Board website showed on Friday.
18-03-2024
CPO futures to trade at current levels with upside bias next week
16/03/2024 (The Star Online), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade at current levels with an upside bias next week.
18-03-2024
Foreign workers are already getting minimum salary -MPOB
16/03/2024 (New Straits Times), Kuala Lumpur - The Malaysian Palm Oil Board (MPOB) is of the opinion that aligning minimum wages for foreign workers as wished by the Indonesian government poses no issue.
18-03-2024
Plantation Ministry, Petronas Dagangan aim to collect 300,000kg of used cooking oil in 2024, says minister
16/03/2024 (Malay Mail), Kuala Lumpur - The Plantation and Commodities Ministry (KPK), in partnership with Petronas Dagangan Bhd (PDB), targets to collect 300,000 kilogrammes (kg) of used cooking oil (UCO) in 2024 under the UCO Collection Programme.
18-03-2024
Edible oil demand sees 8% drop in Gujarat households
18/03/2024 (Times of India) - Ahmedabad: Edible oil consumption dropped by 8% in Gujarat households last year compared to 2021. Cottonseed oil penetration remained highest in the state while groundnut oil consumption nosedived due to increased prices.
15-03-2024
Johari: Palm oil industry players need to increase FFB yields
14/03/2024 (The Star Online), Kuala Lumpur - Industry players and smallholders need to increase the production of fresh fruit bunches (FFB) and crude palm oil (CPO) to maintain the relevance of the Malaysian palm industry, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.
15-03-2024
VEGOILS-Palm oil climbs, perched at highest levels in over a year
14/03/2024 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures rose for a fourth consecutive session on Thursday, trading at highs last seen over a year ago, as stronger rival edible oils and crude oil prices underpinned the market.