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Berita Arkib

MARKET DEVELOPMENT  
  11-11-2020

Dekel posts improvements in palm oil production and sales

West Africa-focussed agriculture company Dekel Agri-Vision updated the market on its production for the wholly-owned palm oil project at Ayenouan in Côte d'Ivoire for October on Tuesday, reporting that crude palm oil production and sales prices increased 19% and 28% year-on-year, respectively, to 1,818 tonnes and €636 per tonne.

MARKET DEVELOPMENT  
  11-11-2020

Biodegradable plastics from palm oil waste

A biodegradable film made from waste from the palm oil industry could be used for food packaging Plastic pollution is a pressing environmental concern of the twenty-first century. So is the palm oil industry, which is linked to widespread deforestation and habitat destruction. Research published in Current Research in Green and Sustainable Chemistry may be able to put a dent in both issues, with a biodegradable plastic film made from palm oil production waste.

MARKET DEVELOPMENT  
  11-11-2020

Element AI and PemPem announce collaboration to help improve traceability in Indonesian palm oil supply chains

Element AI, a global developer of artificial intelligence-powered (AI) solutions and software, today announced a collaboration with PemPem, a company that develops mobile-based enterprise resource planning technology for paper-based and informal supply chains. PemPem will integrate Element AI Document Intelligence features into its platform to assist Indonesian palm fruit traders (farmers, transporters, aggregators and processors) in verifying sales transactions. The technology will also help create a more sustainable palm oil supply chain in the region.

MARKET DEVELOPMENT  
  11-11-2020

Crude palm oil futures dip 0.34% to Rs 885.50 per 10 kg in afternoon trade

In the futures market, Crude Palm Oil (CPO) for November delivery touched an intraday high of Rs 886.90 and an intraday low of Rs 878.80 per 10 kg on the MCX index.

MARKET DEVELOPMENT  
  11-11-2020

Sime Darby Plantation appoints PwC, NGO experts to strengthen its human rights compliance

KUALA LUMPUR (Nov 10): Sime Darby Plantation Bhd (SDP) has appointed PricewaterhouseCoopers (PwC) and an independent international NGO specialising in migrant worker rights to further strengthen its human rights commitments and compliance.

MARKET DEVELOPMENT  
  11-11-2020

Bangladesh market sees edible oil price rise

The prices of edible oils have witnessed yet another hike during the current week across the country, as a litre of bottled soybean oil is now being sold at Tk 115-120 at the retail level.

MARKET DEVELOPMENT  
  10-11-2020

Bumitama 9M net profit jumps 48.8% on higher palm oil prices

BUMITAMA Agri Ltd has announced higher revenue and net profit for the first nine months of its 2020 fiscal year from a year ago, on higher prices of palm oil.

MARKET DEVELOPMENT  
  10-11-2020

United Plantations' Q3 net profit rises to RM95.33mil, revenue at RM334.04mil

KUALA LUMPUR: United Plantations Bhd's net profit rose 58.4 per cent to RM95.33 million in the third quarter (Q3) ended September 30, 2020, from RM60.20 million recorded in the same period a year ago.

MARKET DEVELOPMENT  
  10-11-2020

Energy Ministry appoints new directors for renewables, oil and gas

The Energy and Mineral Resources Ministry has installed two new officials to oversee Indonesia’s renewable energy and oil and gas industries as the country seeks to simultaneously develop clean energy and ramp up oil production.

MARKET DEVELOPMENT  
  10-11-2020

Sarawak tourism sector among worst hit by Covid-19 pandemic, says chief minister

KUCHING, Nov 9 — Sarawak’s economy is expected to contract between 3.5 per cent and 5 per cent, Chief Minister Datuk Patinggi Abang Johari Openg said today, with negative growth expected across all sectors, with the worst hit being the tourism and manufacturing sectors.

MARKET DEVELOPMENT  
  10-11-2020

Budget 2021: KPPK receives RM729.39m allocation, up 8.84% from 2020

THE Ministry of Plantation Industries and Commodities (KPPK) has received an increase in allocation of 8.84 per cent to RM729.39 million in Budget 2021 compared with Budget 2020.

MARKET DEVELOPMENT  
  10-11-2020

United Plantations bullish about fiscal 2020

PETALING JAYA: United Plantations Bhd posted a 58% rise in net profit to RM95.3mil for the third quarter ended Sept 30 mainly due to higher crude palm oil (CPO) and palm kernel (PK) average prices.