Berita Arkib

Malaysian palm oil product exports for February 1-15 rose 27.4% to 530,545 tonnes from 416,565 tonnes shipped during January 1-15, cargo surveyor Intertek Testing Services said.

SINGAPORE: Palm oil may test a resistance at 3,752 ringgit per tonne, a break above which could lead to a gain into a range of 3,801-3,834 ringgit.

SINGAPORE, Feb 16 - Malaysian palm oil futures climbed on Tuesday, tracking gains in rival soyoil on the Chicago Board of Trade (CBOT), although higher tariffs imposed by top buyer India weighed on the market.

Malaysian used cooking oil (UCO) exports hit a record high of 456,000t last year, up by 42pc from 321,000t in 2019, customs data show. Exports were boosted by rising demand from Europe and Malaysia's emergence as a hub for regional volumes.

Thailand’s plan to make E20 gasohol as the primary petrol in the country has been postponed indefinitely. It had been announced at the start of 2020 that the country would begin widespread adoption of the fuel – which is composed of 20% ethanol blended with 80% unleaded gasoline 95 petrol – last year as a replacement for E10 (gasohol 91), but the appearance of the Covid-19 pandemic changed the course of things.

The new ASEAN–EU Strategic Partnership announced on 1 December 2020 marks a turning point in the relationship between the two regional organisations — not only has the donor–recipient dynamic of previous decades disappeared, but now the European Union may need ASEAN more than ASEAN needs the European Union.

PARIS: European Union soyabean imports in the 2020/21 season that started last July had reached 9.17 million tonnes by Feb. 14, data published by the European Commission showed on Monday. That compared with 8.85 million tonnes cleared by the same week last season, the data showed.

KUALA LUMPUR: There are no specific indications of Malaysian businesses pulling out of Myanmar following the coup early this month but some might rethink the decision if the situation worsens, said vice president of the Malaysian Economic Association Dr Evelyn S. Devadason. The University of Malaya professor said Myanmar is also highly unlikely to be an investment choice for new investors, at least during the year-long emergency period, due to uncertainties in the wake of the coup.

SINGAPORE: Malaysian palm oil futures climbed more than 2% on Tuesday, extending gains into a second session on the back of cargo surveyor data showing higher exports, while stronger rival soyoil on the Chicago Board of Trade also lent support.

MUMBAI, Feb 15 (Reuters) - India raised the base import price of crude palm oil by $32 to $1,045 per tonne, the government said in a statement on Monday.

KUALA LUMPUR (Feb 15): Malaysian palm oil product exports for Feb 1-15 rose 27.4% to 530,545 tonnes, from 416,565 tonnes shipped during Jan 1-15, cargo surveyor Intertek Testing Services (ITS) said today.

KUALA LUMPUR, Feb 15 — The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher backed by stronger export data, according to an analyst.