Berita Arkib

KUALA LUMPUR: The Ministry of Plantation Industries and Commodities (MPIC) is confident that bilateral ties with Ankara will be further enhanced with the recent visit by Prime Minister Datuk Seri Ismail Sabri Yaakob to Turkiye.

MUMBAI: India’s policy makers and consumers will be cheering a steep slump in commodities, especially palm oil, which could bring about a few months of “surprisingly low” food inflation.

Jakarta (ANTARA) - Cooperatives and Small and Medium Enterprises (SMEs) Minister Teten Masduki stated that red palm cooking oil could only be produced by cooperatives to protect the community business.

The Energy and Mineral Resources Ministry is to start implementing the mandatory 35 percent biodiesel (B35) program for all biofuels by the end of July amid the global decline in crude palm oil (CPO) prices. Dadan Kusdiana, the ministry’s renewables director general, explained that the B35 biodiesel program was part of the government's efforts to boost the domestic use of palm oil to help raise CPO prices.

Amid demands for reducing import duty on rice bran oil and olive pomace oil, the government has asked edible oil associations to explain how the move will help boost domestic availability.

Ukraine's sunflower seed (SFS) exports have increased sharply since March following the Russian invasion that resulted in disruption to the country's seed crushing and sunflower oil (SFO) exports, but a further increase is in question because of cooling demand and falling prices.

PETALING JAYA: The anti-inflation task force is to take action to cut smuggling of subsidised cooking oil to neighbouring countries, panel chairman Annuar Musa said today.

05/11/2022 (The Star Online), Nusa Jaya - The global outlook for palm oil remains uncertain, with strict pandemic policies in major importer China weighing on demand, while high energy prices and a slowdown in output provide support, leading industry analysts say.

08/07/2022 (The Star Online), Jakarta - Indonesia is considering cutting its palm oil export levy to encourage more shipments, a cabinet minister said on Thursday, another move to spur exports after a ban designed to protect domestic cooking oil supplies saw palm oil inventories swell.

07/07/2022 (The Edge Markets), Kuala Lumpur - The rapid fall in crude palm oil prices in the past month has prompted contract renegotiations between oil traders and buyers who are taking the deliveries now, as an increasing number of buyers declined to take delivery of the vegetable oil that were locked in previously at much higher prices.

07/07/2022 (The Edge Markets) - Palm oil snapped a four-day losing streak as commodities including crude oil and metals jumped on China’s US$220 billion stimulus plan.

07/07/2022 (The Malaysian Reserve) - MALAYSIA’S palm oil stocks are expected to rise by 10.5% month-on-month (MoM) to 1.68 million tonnes at the end of June 2022 due to higher output and lower exports, said CGS-CIMB Securities Sdn Bhd (CGS-CIMB Research).