Berita Arkib

(April 25): Palm oil slumped on prospects that top producer Indonesia’s surprise ban of cooking oil exports will not be strict as feared.

SINGAPORE, Apr 26 : Exports of Malaysian palm oil products for Apr. 1-25 fell 12.9 per cent to 897,683 tonnes from 1,030,943 tonnes shipped during Mar. 1-25, cargo surveyor Societe Generale de Surveillance said on Tuesday.

JAKARTA, April 25 (Reuters) - Indonesian government officials told palm oil companies on Monday that an export ban announced late last week would cover shipments of refined, bleached, deodorized (RBD) palm olein but not crude palm oil, two industry sources told Reuters.

RHB Group Research analyst Hoe Lee Leng is keeping “neutral” on the plantation sector, with top picks including Wilmar International.

Malaysia is planning big on promoting palm oil in Qatar while chalking out a slew of measures. Minister of Plantation Industries and Commodities of Malaysia Zuraida Kamaruddin, who was in Qatar recently, said several plans are in place and the government is holding discussions with various stakeholders in order to promote palm oil for domestic and industrial consumption.

KUALA LUMPUR (April 25): Plantation companies, which are expected to be the beneficiaries of Indonesia's move to ban palm oil exports, dominated the top gainer list on Bursa Malaysia, although some analysts see this as a short-term catalyst.

INDONESIA’S move to ban exports of its palm oil starting Thursday this week is expected to have a massive impact on the global edible oils and fats market.

KUALA LUMPUR (April 24): Malaysia is confident it can meet global demand for palm oil after Indonesia's announcement that it has banned exports of the commodity, said Plantation Industry and Commodities Minister Datuk Zuraida Kamaruddin.

JAKARTA, April 25 (Reuters) - Shares of some of Indonesia's biggest palm oil companies fell on Monday after the government announced it would ban exports of cooking oil and its raw material starting April 28 to try to bring down domestic prices.

SINGAPORE, April 25 (Reuters) - Chicago soyoil futures gained more ground on Monday to trade near their highest since 2008, as Indonesia's decision to ban exports of rival palm oil heightened concerns about global edible oil supplies.

JAKARTA (Reuters) - Indonesia, the world's top palm oil producer, announced plans to ban exports of the most widely used vegetable oil on Friday, in a shock move that could further inflame surging global food inflation.

Kuala Lumpur: Malaysia is intensifying its efforts to boost demand for palm oil and rubber, and is ready to meet the encouraging demand for the commodities.