Berita Arkib

KUALA LUMPUR, July 14 (Reuters) - Malaysian palm oil futures dipped on Wednesday after hitting a five-week high, although concerns over slow output growth offered some support.

KUALA LUMPUR, July 14 - Malaysian palm oil futures eased on Wednesday after hitting a five-week peak, but concerns over slow output growth offered some support.

KUALA LUMPUR: Malaysian palm oil futures reversed early losses on Wednesday, reaching a five-week peak on concerns over slow output growth and anticipation of an uptick in export shipments.

PETALING JAYA: Resilient demand from China and growing restocking activities in India should keep palm oil stockpile at low levels generally, in the coming months.

NEW DELHI (July 13): India imported 275,915 tonnes of palm oil from Malaysia in June, according to the latest data from an industry group.

India's palm oil and soyoil imports plunged by nearly a quarter in June from a month ago, a leading trade body said in a statement on Tuesday, as refiners postponed purchases anticipating a reduction in the import tax.

Jakarta. Having Swiss on board for the trade deal between Indonesia and European Free Trade Association, or EFTA, will convey a strong message regarding the discriminated palm oil to the European Union, or EU, according to Deputy Trade Minister Jerry Sambuaga.

KUALA LUMPUR, July 13 (Reuters) - Malaysian palm oil futures advanced on Tuesday, supported by lingering concerns over tight supply of palm and rival edible oils amid hopes of an improvement in export shipments.

SAO PAULO, July 13 (Reuters) - The Brazilian government raised the mandatory blend of biodiesel into diesel to 12% from 10%, below this year's target of 13% in a bid to rein in fuel inflation amid high soybean prices.

China raised its forecast on imports of edible oils in 2020/21 marketing year, on increase of palm oil and sunflower oil shipments, the country’s agriculture ministry said on Monday. China’s 2020/21 edible oils imports were seen at 10.23 million tonnes, up 900,000 tonnes from last month’s forecast, the Ministry of Agriculture and Rural Affairs said in its monthly crop report.

KUALA LUMPUR: Malaysian palm oil futures rose as much as 3.2% on Tuesday, touching its highest in five weeks, on persisting concerns over tight supply of palm and rival edible oils amid hopes of an improvement in export shipments.

Palm oil prices in India have risen more than six per cent even after the government cut import tax and allowed shipments of refined palm oil as its price overseas jumped in anticipation of strong demand from the world's biggest buyer, industry officials said.