Berita Arkib

JAKARTA, Aug 26 - Malaysian palm oil futures rose on Wednesday, partially recovering from a four-week closing low hit in the previous session on higher soyoils and crude, although weaker August exports capped gains.

NEW DELHI: Consumers may have to pay less for edible oils beginning this festive season because of rising stocks of palm oil in Indonesia and Malaysia along with the expected strong domestic oil seeds harvest by September, industry executives said.

KUALA LUMPUR (Aug 26): Sarawak Oil Palms Bhd's net profit soared by some 23 times to RM38.34 million for the second quarter ended June 30, 2020, compared with RM1.67 million a year ago, thanks to higher average prices of palm products sold and fair value gain on derivatives.

Market rally could be capped by Brazil's expected record-high plantings. There is still mostly dry weather expected for Iowa and much of central Illinois for the next five days.

KUALA LUMPUR: Keuntungan bersih TH Plantations Bhd, syarikat perladangan 74 peratus milik Lembaga Tabung Haji (TH). melonjak kepada RM8.16 juta untuk suku kedua berakhir 30 Jun 2020 berbanding kerugian bersih berjumlah RM19.15 juta yang dicatatkan dalam tempoh yang sama tahun sebelum ini.

Pakistan’s palm oil imports shot up to 341,000 tons in July 2020, the highest monthly number since at least CY15 if not highest ever, according to advance data release by Pakistan Bureau Statistics (PBS). The year-on-year growth in July 2020 stands at a whopping 164 percent. What explains this growth?

Ministers from Asia-Pacific countries negotiating a sprawling free trade agreement will virtually meet this week with the aim of reaching a deal by year-end, while maintaining hope that India will return to the talks, the Japanese government said Tuesday

Companies seeking to reduce dependence on China by diversifying supply chains amid the coronavirus disease 2019 (COVID-19) pandemic would have mixed implications on the Association of Southeast Asian Nations (ASEAN) economies, Moody’s Investors Service said.

The failure of an independent oil palm mill project in Sungai Laong is due to the problematic management of the company, says Assistant Minister for Local Government and Housing Datu Dr Penguang Manggil.

Futures contracts of all components in the edible oil basket, barring soybean, edged lower on the domestic exchanges today.

Boustead Plantations Bhd expects crude palm oil prices to remain supportive for the second half of the year

Malaysian palm oil futures rose on Tuesday in tandem with related oils, but traders are wary of weak export data expected later in the day.