Berita Arkib

PETALING JAYA: India’s palm oil imports from Malaysia rose 50% in March compared with February’s volumes as the country’s monthly overall edible imports grew.

Malaysia has replaced Indonesia as the largest palm oil exporter to India for the first time due to a widening tax difference between the world’s two biggest palm oil suppliers.

KUALA LUMPUR, April 15 - Malaysian palm oil futures rose for a third consecutive session on Thursday, lifted by higher rival soyoil prices and expectations of higher exports.

KUALA LUMPUR: Malaysian palm oil futures jumped 2% to close at a one-week high on Thursday, boosted by stronger exports during the first two weeks of April and expectations of continuous tight supply.

Crude palm oil futures traded steady at Rs 1,162 per 10 kg on April 15 after touching a fresh lifetime high of Rs 1,167 during intraday on the MCX. Malaysian palm oil futures rose 2.17 percent to settle at 3,811 Ringgits on Bursa Malaysia Bhd.

INGAPORE: Palm oil may rise into a range of 3,844-3,926 ringgit per tonne, as it has cleared a resistance at 3,761 ringgit.

Freight in the Asian palm market has risen in the past two months, underpinned by expectations of stronger exports to India in March and April and heightened intra-Asia activity in the specialty chemicals market, according to sources.

KUALA LUMPUR (April 15): The Plantation Industries and Commodities Ministry (MPIC) is highly encouraged by the improved overall performance of the country's commodities industry last year, deputy minister Datuk Willie Mongin said.

April 15 (Renewables Now) - Brazil's Ministry of Mines and Energy announced on Monday that the new minimum requirement for the mandatory use of biodiesel in regular diesel sold in Brazil has been reduced to 10% for the upcoming 79th biodiesel auction.

India’s palm oil imports in March jumped 57% year on year as refiners increased purchases of the tropical oil to reduce expensive sunflower oil imports, a trade body said on Thursday.

China’s imports and exports boomed again in March, data showed Tuesday, reaffirming the recovery in the world’s number-two economy continues apace and demand picks up in key overseas markets as they emerge from last year’s virus crisis

The European Union’s top environment official told Brazil on Wednesday that the South American country’s updated climate pledge “sends a bad signal” by only committing to reaching net zero carbon emissions by 2060.