Berita Arkib

27/04/2022 (The Edge Markets) - Palm oil jumped 10% while rival soybean oil hit a fresh record high as traders prepare for the start of Indonesia’s export halt.

27/04/2022 (The Malaysian Reserve) - THE notoriety of developed economies against palm oil — the most produced, consumed and traded edible oil — all in favour of protecting the soybean trade (the second most-produced edible oil) is well-known.

27/04/2022 (Aljazeera) - Indonesia the world’s biggest edible oils shipper, will widen an export ban to include crude palm oil, adding to uncertainty in a market that’s suffered dizzying price swings and threatening to worsen global food inflation.

27/04/2022 (Free Malaysia Today), Jakarta - Indonesia widened the scope of its export ban on raw materials for cooking oil to include crude and refined palm oil, among other products, its chief economic minister said today, leaving markets in shock over the latest policy reversal.

26/04/2022 (NPR), Istanbul - For months, Istanbul restaurant Tarihi Balikca tried to absorb the surging cost of the sunflower oil its cooks use to fry fish, squid and mussels.

27/04/2022 (Jakarta Globe), Jakarta - The government has decided to ban only the export of refined, bleached, deodorized, or RBD, palm olein, which is the raw material for cooking oil, starting on Thursday until the domestic cooking oil price fall below $1 per litter, Coordinating Minister for Economic Affairs Airlangga Hartarto said late on Tuesday.

THE notoriety of developed economies against palm oil — the most produced, consumed and traded edible oil — all in favour of protecting the soybean trade (the second most-produced edible oil) is well-known.

MINISTER of Plantation Industries and Commodities (MPIC) Datuk Zuraida Kamaruddin Zuraida (picture) has proposed for Malaysia and Indonesia to proactively pursue their legal recourse filed with the World Trade Organisation (WTO) against the EU’s restrictions on palm oil biodiesel.

BENGALURU (April 26): The Indonesian rupiah rebounded on Tuesday from heavy losses in the previous session after the country said crude palm oil shipments were excluded from the planned export ban on the vegetable oil.

Indonesia's ban on palm oil exports has pushed prices to record highs and forced top importers to look for replacements.

JAKARTA: Indonesia President Joko Widodo's approval rating fell in April by nearly 12 percentage points from February's 71.7 per cent, an independent pollster said on Tuesday, as rising costs and soaring cooking oil prices dented his popularity.

SINGAPORE: Palm oil may bounce into a range of 6,326-6,392 ringgit a tonne, following its stabilization around a support at 6,104 ringgit.