Berita Arkib

02/06/2022 (Business Recorder), Islamabad - The government has removed Additional Customs Duties (ACDs) of 2 percent from June 10 to 20, 2022 on import of palm oil for shipments originating from all sources except Indonesia, sources close to Secretary Commerce told Business Recorder.

02/06/2022 (Daily News Sri Lanka) - Sri Lanka’s palm oil industry is a relatively small one, but it is in a position to have a larger positive impact on the economic future of our country and is ready to support the economy and government to overcome present challenges a Statement from Palm Oil Industry Association (POIASL) of Sri Lanka said.

02/06/2022 (Phnompenh Post) - Cambodia exported 20,492 tonnes of crude palm oil (CPO) in the first five months of 2022, registering a decrease of 6.07 per cent year-on-year, according to the Ministry of Agriculture, Forestry and Fisheries.

02/06/2022 (The Business Times) - INDONESIA, has issued export permits for 179,464 tonnes of palm oil as of Jun 2, a senior trade ministry official said on Thursday (Jun 2), after a ban on shipments was lifted last week.

02/06/2022 (The Edge Markets), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Thursday in anticipation of stronger exports as well as lower-than-expected production levels which would draw down existing stock levels in the country, a dealer said.

02/06/2022 (The Star Online) - The recent pronouncement by the Coordinating Maritime Affairs and Investment Minister Luhut Pandjaitan that all palm oil companies in the country are to be audited confirms assumptions that the government has no complete database on the upstream and downstream palm oil industry.

03/06/2022 (The Star Online) - Palm oil producers profiting from a global price boom should use the opportunity to ramp up efforts to make the business more sustainable and head off rising risks of forests being cleared for plantations, the new head of the industry's watchdog said.

02/06/2022 (Daily Mirror Online) - Sri Lanka’s palm oil industry yesterday requested the government to repeal the bans and other negative policies in place against the industry and liberalise it, so the industry could play its part to support the country’s dollar-starved economy.

01/06/2022 (Business Recorder), Singapore - Palm oil looks neutral in a range of 6,220-6,423 ringgit per tonne, and an escape could suggest a direction.

01/06/2022 (The Malaysian Reserve) - THE minimum grocery expenditure for the lower to middle-income families will cost between RM400 and RM600 per month on the rising prices.

02/06/2022 (The New Indian Express), Chennai - The Tamil Nadu Civil Supplies Corporation (TNCSC) cannot take advantage of the unfortunate situation of suppliers, the Madras High Court said on Wednesday, quashing the tenders for supply of two lakh packets of palmolein, weighing one litre each, for PDS outlets.

02/06/2022 (Hellenic Shipping News) - The EU’s purchases of rapeseed oil have risen sharply in the 2021-22 marketing year (July-June) from the previous season, a trend which is set to intensify in the near term, although uncertainty around rapeseed supply is expected to weigh on the bloc’s biofuel feedstock option at a time it is looking to boost its renewable energy targets.