Berita Arkib

Higher palm oil prices (up 60% y-o-y) have increased realisations as well as profitability of Godrej Agrovet’s vegetable oil segment. Lower supplies from South-East Asia are leading to higher palm oil prices in India. With gradual reopening of the economy, demand from HoReCa segment is likely to improve, which may further increase palm oil prices. For every 5% increase in palm oil prices, Godrej Agrovet’s earnings can increase by c.2%.

KUALA LUMPUR, Dec 4 -- The Malaysia Palm Oil Board’s (MPOB) collaboration with a plantation company, Kulim (Malaysia) Bhd has successfully produced the latest oil palm planting material, known as Clonal Palm Series 3 (CPS3).

MIRI: Sarawak Dayak Oil Palm Planters Association (Doppa) has called upon the federal government to exempt oil palm smallholders from paying the proposed RM5 additional cess for every tonne of crude palm oil (CPO).

Kota Kinabalu: World Wide Fund for Nature-Malaysia (WWF-Malaysia) officially relaunched its conservation programme in Sabah, which focuses on a holistic approach towards environmental protection and conservation, through the landscapes approach.

After facing uncertainty due to Covid-19 pandemic, skyrocketing prices of edible oils and pulses have hit the masses hard. The average retail prices of pulses and edible oils have gone up by around 30 per cent in the past few days.

FGV Holdings Bhd announced that it will be taking a systematic approach upon receiving the withhold release order (WRO) issued by the US Custom and Border Protection (CBP) by eliminating practices indicative of labour exploitation.

U.S. ethanol exports in October rocketed 64% higher to 126.5 million gallons (mg), the largest volume since March, according to Ann Lewis, Renewable Fuels Association Senior Analyst. Shipments crossing the border to Canada rebounded by 11% (35.6 mg), equivalent to 28% of total U.S. ethanol exports. The Netherlands purchased record gallons (24.2 mg) while sales to South Korea jumped to the largest monthly volume this year (15.0 mg). Other larger markets included India (11.6 mg), Colombia (11.1 mg), Norway (6.6 mg, a record high), Finland (3.8 mg), Nigeria (3.8 mg), Peru (3.5 mg), and Mexico (3.4 mg). Exports to Brazil were minimal for the fifth straight month. Global year-to-date exports of U.S. ethanol totaled 1.109 billion gallons, or 9% less than this time a year ago.

Jakarta, CNN Indonesia - Kementerian ESDM melalui Direktorat Energi Baru, Terbarukan, dan Konservasi Energi (EBTKE) menetapkan harga Indeks Pasar Bahan Bakar Nabati (HIP) Jenis Biodiesel yang dicampurkan ke dalam bahan bakar minyak (BBM) sebesar Rp9.505 per liter pada Desember 2020. Harga tersebut naik Rp176 per liter dari November, Rp9.329 per liter.

THE European Union (EU) initially banned palm oil for use in biofuels out of a concern that oil palm cultivation accelerated deforestation and global warming.

The Soybean Processors Association of India (SOPA) has urged the Government to maintain the existing duty structure on soybean oil and sunflower seed oil.

Malaysian palm oil futures firmed after a volatile trading day on Thursday, helped by estimates of a steep drop in November production and news of top buyer Indonesia hiking its crude palm oil levy

THE ringgit is expected to continue strengthening to the 4.00 level next year on the back of a recovering economy helped by the distribution of vaccines to combat the Covid-19 pandemic, stronger energy prices and fund inflows.