Berita Arkib

SINGAPORE, Sept 30 (Reuters) - Chicago corn futures lost ground on Thursday as traders squared positions ahead of a widely watched U.S. Department of Agriculture (USDA) report that is expected to show tightening stocks in the United States.

Refined Soyoil yesterday settled up by 0.97% at 1323.1 as oilseeds output is also expected to be down a tad at 23.38 mt as soyabean production was affected by the patchy rains in the key producing States of Gujarat and Madhya Pradesh, respectively. Favorable weather over the weekend boosted U.S. harvest, while exports remain capped by terminals on the U.S. Gulf Coast that continue to struggle with power outages and hurricane-led damage as the country heads into its busiest export season. India's vegetable oil imports are likely to contract for the second straight year, the Solvent Extractors' Association of India (SEA) said.

Prime minister Datuk Seri Ismail Sabri Yaakob recently presented the 12th Malaysia Plan, or Rancangan Malaysia Ke-12 (RMK-12), which is a five-year guide for the country’s development from 2021 to 2025. In it, the government touched upon biodiesel usage and how it will be scaled up in the years to come.

Malaysian palm oil futures reversed losses and rose over 1% on Tuesday, as crude oil climbed higher for a sixth session and as rival oils came off earlier lows.

JAKARTA, Sept 28 (Reuters) - The world's top palm oil exporter Indonesia has set its crude palm oil reference price for October at $1,196.6 per tonne, according to a Trade Ministry document released on Tuesday.

Speculators have been bullish toward Chicago-traded grains and oilseeds since August 2020, but they are now less optimistic than a year ago, which marked the early stages of the recent rally.

FGV Holdings Bhd stated that it has no plan of setting up an oil palm processing unit in India but did not rule out the possibility that its local partner there may do so.

SINGAPORE, Sept 28 - Malaysian palm oil futures fell for a third straight session on Tuesday, tracking weakness in rival Dalian and Chicago Board of Trade oils and on improving production.

SINGAPORE: Malaysian palm oil futures fell for a third straight session on Tuesday, tracking weakness in rival oils and on improving production, although higher crude prices limited losses.

The Oil Palm Industry Corporation (Opic) wants its 1,897 smallholder farmers to work their blocks for increased production so that they can earn more money to sustain their living.

Malaysian palm oil futures gave up gains to close 1% lower on Monday as stronger palm production and cheaper rival oils weighed on the prices.

The newly appointed Thai Ambassador to Bangladesh, Makawadee Sumitmore, called for Free Trade Agreement (FTA)between Bangladesh and Thailand to create more business opportunities between the two countries during a courtesy call of the Board of Directors of the Bangladesh Thai Chamber of Commerce and Industry (BTCCI).