Berita Arkib

19/07/2022 (The Star Online), Kuala Lumpur - CGS-CIMB Research is optimistic about Indonesia’s latest measure on the short-term palm oil export levy waiver as it encourages an increase in exports and reduces the country’s high stockpiles.

19/07/2022 (Malay Mail) - Asian buyers are ramping up palm oil purchases to replenish inventories after prices corrected to their lowest in a year and as top producer Indonesia has scrapped levies on exports.

19/07/2022 (The Edge Markets) - Palm oil, the world’s most consumed cooking oil, may extend its slide, tumbling more than 20% to RM3,000 a tonne by September, driven by surging supplies in Indonesia, said veteran analyst Dorab Mistry.

19/07/2022 (The Star Online), Kuala Lumpur - Malaysia's commodities minister on Tuesday warned that its palm oil exports to China will continue to be affected by global economic challenges and overall imports in the world's second-largest buyer will likely decline.

19/07/2022 (The Sunday Daily) - Malaysia is losing around 57,880 tonnes of palm oil fruit each day due to an acute shortage of labour, the Plantation Industries and Commodities Ministry said today, costing the world's second-biggest producer more than RM10 billion in the first five months of the year.

19/07/2022 (The Edge Markets) - KRETAM Holdings Bhd reported a record profit of RM153.3 million in the financial year ended Dec 31, 2021 (FY2021), but the Sabah-based plantation group refuses to get overly excited.

18/07/2022 (The Star Online), Jakarta - Indonesia plans to set a crude palm oil reference price every two weeks so that its tax rate can move more in line with market prices, CNBC Indonesia reported on Monday, citing the trade minister.

18/07/2022 (The Edge Markets), Kuala Lumpur - Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed lower on Monday (July 18) despite stronger crude oil prices, said a trader.

18/07/2022 (Antara News), Jakarta - Red palm cooking oil is cheaper than the refined, bleached, and deodorized (RBD) palm cooking oil that is normally used by the community, Cooperatives and Small and Medium Enterprises (SMEs) Minister Teten Masduki has said.

18/07/2022 (India Economic Times) - With Indonesia removing its export levy on all palm oil products until August 31, edible oil manufacturers in India will be able to pass on the benefits of softer global prices to final customers.

19/07/2022 (Hellenic Shipping News) - Palm oil may retest a resistance at 3,782 ringgit per tonne, a break above which could lead to a gain into 3,900-4,090 ringgit range.

18/07/2022 (Antara News), Jakarta - The Ministry of Industry will focus on implementing the downstream industry policy in a bid to increase the added value of domestic agro-based commodities, including palm oil.