Berita Arkib

Primary Industries Minister Teresa Kok has quashed reports that India has imposed restrictions on imports of refined palm oil from Malaysia, saying it was mere “hearsay”.

The National Oil Palm Project has taken over the management, expansion and cultivation of Palm Oil growing across the country.

Pakistan is one of the most regular and dependable buyers of Malaysian palm oil, Primary Industries Minister Teresa Kok revealed, with the Islamic republic depending heavily on imports of the commodity.

The report contains an analysis of market size, statistical, share, and growth, trends, cost structure, and comprehensive data of the global Palm Oil market.

Canola futures rallied in December, climbing to the upper level of the price range in place since the end of summer, but still lower than what they were at the same time last year and arguably disappointing considering the sharp rally in soybean oil.

While India’s move to restrict imports of refined palm oil from Malaysia could hurt local refiners of the vegetable oil, it is unlikely to be detrimental, said analysts.

Prices of US fresh produce in Japan have already dropped with after the implementation of a new FTA

Malaysian crude palm oil futures rallied on Thursday, recouping losses suffered this week, as India's move to restrict imports of refined palm oil boosted prices, while signs of de-escalation in Iran-U.S. tensions soothed concerns.

India’s restrictions on imports of refined palm oil will lead to a loss of market share for Malaysia and spark a price war with rival supplier, Indonesia, a Malaysian industry association said.

For the record, the number is 821 million; that is the number of people who go to bed hungry every day. Also for the record, it is not the fault of our children that a third of the food produced globally never even makes it to the table.

Indonesia’s energy ministry plans to start road tests for a biodiesel programme with 40% bio-content (B40) in April, a government official said on Thursday.

Global food prices ended the year at the highest in half a decade, propelled by swine shortages and rising vegetable-oil demand across the world.