Berita Arkib

31/03/2022 (New Straits Times) - The government is looking into ways to prevent irresponsible quarters from abusing subsidised cooking oil for easy profit.

31/03/2022 (Business Standard) - The government on Thursday extended stock limits on edible oils and oilseeds till December this year in order to check the soaring prices of the commodities due to the current global geopolitical situation.

31/03/2022 (The Times of India), Mumbai - The ongoing war in Ukraine, which is the world's largest sunflower grower, is likely to result in at least 25 per cent or 4-6 lakh tonnes shortage of crude sunflower oil supplies in India next fiscal, according to a report.

Kuala Lumpur - Malaysian Palm Oil Council (MPOC) said Malaysia is ready to help and cater to the requirements on sustainable palm oil to substitute for sunflower oil amid an acute shortage in Iceland supermarkets.

Kuala Lumpur - Iceland supermarket's recent decision to reverse its ban on palm oil and return to the crop despite its skepticism over sustainable palm oil proved its importance in fulfilling the demand-supply gap of global oils and fats, the Malaysian Palm Oil Board (MPOB) said.

Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower on Wednesday following bearish undertone in Chicago Board of Trade’s soybean oil prices, a dealer said.

Kuala Lumpur - KUALA LUMPUR (March 30): Creative and innovative ways in utilising technology are crucial to maintain the palm oil industry’s competitive advantage, said Council of Palm Oil Producing Countries (CPOPC) executive director Tan Sri Dr Yusof Basiron.

Malaysian palm oil futures ended lower on Wednesday, erasing gains made in the previous session, as signs of progress in Russia-Ukraine peace talks boosted hopes of an end to a conflict that has roiled global supply of commodities, including edible oils.

Indonesia’s palm oil export levy collection in 2022 is estimated at 68.18 trillion rupiah ($4.76 billion), down from last year’s 71.6 trillion rupiah, said Eddy Abdurrachman, head of the palm oil fund agency.

KAMPAR: The spike in oil palm fertiliser prices is a worldwide issue, says Datuk Seri Dr Wee Jeck Seng (pic).

KARACHI: M Bashir Janmohammed, Chairman, Pakistan-Malaysia Business Council (PMBC) has urged the federal government to collect the sales tax on the basis of price US$750 per ton to curtail the smuggling of Iranian edible oil in the country.

IPOH: Several discussions are being held by the relevant ministries to help oil palm smallholders, says Datuk Seri Dr Wee Jeck Seng.