Berita Arkib

To the agri economist’s eye, it’s a numbers game — reduce imports, promote “cheaper” oil, create more agro industry and earn agri dollars; it’s a win-win for all. But what about the small and medium farmer, biodiversity and environment; perhaps our “agri experts” are missing the bigger picture.

A revision in the threshold price for the crude palm oil (CPO) windfall profit tax (WPT) structure is highly unlikely, given the government’s plan to further increase its tax revenue amid the Covid-19 pandemic environment, say industry observers.

KUALA LUMPUR, Sept 17 (Reuters) - Malaysian palm oil futures fell on Friday, tracking losses in rival edible oils as the contract rolled over to a new month, setting them on course for a third consecutive weekly decline.

India’s palm oil imports in August jumped by more than 61% on the month to 750,134 mt, according to data published by a national trade body, as bulk buyers looked to pad up edible oil inventories ahead of India’s upcoming festival season.

The world may be heading for a glut of palm oil – leading to falling prices in the coming months.

Total vegoil imports down by 22% Despite the decrease in overall import of edible oils during August, the import of RBD palmolein touched a 20-month high.

KUALA LUMPUR (Sept 15): Exports of Malaysian palm oil products for Sept 1-15 rose 53.9% to 832,355 tonnes from 540,853 tonnes shipped during Aug 1-15, according to independent inspection company AmSpec Agri Malaysia on Wednesday.

Brazil’s soybean oil imports from January to August have soared to a more than 20-year high amid rising domestic prices, a cut in production and a local regulation allowing imported feedstocks for biodiesel output.

KUALA LUMPUR: The price of crude palm oil (CPO) is expected to remain firm at RM3,500 to RM4,500 per tonne this month amid tight global oil inventories.

KUALA LUMPUR: Malaysian palm oil futures rebounded on Monday, snapping a two-day decline after India, the world’s biggest vegetable oil buyer, lowered import taxes amid lingering concerns of tight edible oil supply worldwide.

KUALA LUMPUR: The labour crunch in the plantation sector can be tackled by next year, with the government expected to reopen the border with the robust vaccination rate growth, said MIDF Research.

MUMBAI - India has cut base import taxes on palm oil, soyoil and sunflower oil, according to a government notification, as the world's biggest vegetable oil buyer tries to cool near-record price rises.