Berita Arkib

17/05/2022 (Business Recorder), Singapore Palm oil may rise to 6,602 ringgit per tonne, as it managed to stabilise around a support at 6,290 ringgit.

17/05/2022 (Al Jazeera), Bengaluru, India - Aneesha Thakur has used sunflower oil in her kitchen for as long as she can remember. Last week, she broke with that habit, buying a bottle of soybean oil instead to fry fish for her teenage sons.

16/05/2022 (Al-Jazeera) - Indonesia, the world’s largest producer of palm oil, has struggled with rising prices and low stocks of cooking oil amid a surge in global prices of the raw ingredient.

PUTRAJAYA, May 15 — The establishment of a working committee between Malaysia and the United States to address the issue of alleged forced labour is an equitable move to resolve palm oil and rubber issues, said Plantation Industries and Commodities Minister Datuk Zuraida Kamaruddin.

NEW DELHI, May 14 — Indian vegetable oil importers predict an “ugly” supply crunch if top producer Indonesia maintains its ban on palm oil exports to meet domestic demand.

PETALING JAYA: The actual worker shortage in the palm oil industry can be between 70,000 and 100,000 workers, according to an industry source.

TEMPO.CO, Jakarta - Director of the Center of Economic and Law Studies (Celios) Bhima Yudhistira suggested the government revoke the export ban on crude palm oil or CPO because the policy did not suppress the price of cooking oil in the domestic retail market.

JOHOR BAHRU: The sustainable oil palm planters cooperatives (KPSM), which undertake fresh fruit bunches (FFB) trading activities through 65 weighing centres nationwide, recorded sales of 82,612.37 tonnes as of March 31, 2022.

KUALA LUMPUR: The Malaysian Palm Oil Board (MPOB) is focusing on five priority research and development areas to address the issues and current need of the oil palm industry.

KUALA LUMPUR (May 12): The benchmark crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower on Thursday, tracking weakness in the Chicago Board of Trade (CBOT) soyoil futures market as well as lower crude oil prices during Asian hours, dealers said.

SINGAPORE: Palm oil may break a resistance at 6,602 ringgit a tonne, and rise to 6,758 ringgit.

Buyers in China, the world’s second-largest palm oil importer, are “no longer big bulls” in the commodities markets as they face an economic slowdown while the country chases a zero-COVID policy, edible oil analyst Dorab Mistry said on Wednesday.