Berita Arkib

The Bangladesh Trade and Tariff Commission (BTTC) has recommended setting the maximum retail price of soybean oil at Tk 124 a litre to tame its spiralling rates in the local market.

MUKAH (Jan 21): The Ministry of Domestic Trade and Consumer Affairs (KPDNHEP) Mukah branch has advised all traders not to use the subsidised cooking oil in one kilogramme polybag packaging for commercial use.

ISLAMABAD, (UrduPoint / Pakistan Point News - 21st Jan, 2021 ) :Domestic production of vegetable ghee during last five months of current financial year decreased by 3.40 percent, whereas output of cooking oil increased by 3.69 percent as compared the manufacturing of corresponding period of last year.

Yesterday, Reuters reported that Indonesia and Malaysia, two of the world’s largest producers of palm oil, are joining forces to lobby against proposed regulatory changes that could restrict sales of the product within the European Union.

GENEVA • Malaysia has filed a complaint with the World Trade Organisation (WTO) over European Union rules affecting the consumption of palm oil-based biofuels, according to a document published on Tuesday.

Jakarta (ANTARA) - The Indonesian Institute of Sciences (LIPI) has put forward a suggestion to build green fuel refinery for processing palm oil into green fuel.

KUALA LUMPUR: The Federal Land Development Authority (Felda) has acquired a total of 78.15 million shares in FGV Holdings Bhd from the open market on four different days this month.

SINGAPORE: Palm oil may end its drop in a support zone of 3,173-3,221 ringgit per tonne, and start a strong bounce thereafter.

CHICAGO: Chicago Board of Trade soyabean futures slid on Tuesday as rains across Brazil and Argentina bolstered supply outlook from the region.

KUALA LUMPUR (Jan 21): Palm oil prices continued to edge lower yesterday, as concerns about lower demand for the edible oil following lower export data outweigh worries about weaker supply amid torrential rains that have triggered floods in key growth areas in Malaysia.

PUTRAJAYA (Jan 20): Retailers are allowed to impose a limit on the purchase of cooking oil in 1 kilogramme polybag to three units per transaction for each customer effective Jan 19.

FITCH Solutions Country Risk and Industry Research is expecting the average palm oil price to trade at an 11-year high of RM3,050 per tonne this year on the continuation of limited stockpile of palm oil and lower soy oil prices ahead.