Berita Arkib

MALAYSIA’S trade surplus grew 14.7 per cent year-on-year (y-o-y) to RM10.41 billion last month, the highest monthly trade surplus recorded for May since May 2008.

Domestic consumption of edible oil has gone up notwithstanding the impact of lockdown imposed to contain spread of the COVID-19 pandemic and compulsion to switch to work-from-home by many employers. Also, major social functions such as marriages have come to a halt, hitting the functioning of hotel and its associated sectors.

JAKARTA - Indonesia state oil company PT Pertamina will start producing 3,000 barrels per day of 'green' diesel made from 100% palm oil starting in June next year, CEO Nicke Widyawati told Parliament on Monday.

InfoSAWIT, JAKARTA - Sampai hingga saat ini kapasitas produksi pabrik kelapa sawit milik PT Sawit Sumbermas Sarana Tbk (SSMS) telah bertambah menjadi 540 ton TBS/jam, berkat adanya tambahan 2 pabrik kelapa sawit baru yang mulai komersial di 2019 lalu.

(Vibiznews – Commodity) – Analisa pergerakan pasar mingguan untuk minyak sawit pada minggu ini, dimana seminggu ini harga minyak sawit turun 4%, penurunan pertama kali setelah kenaikan harga selama 6 minggu berturut-turut. Penurunan terjadi karena peningkatan produksi dan kekhawatiran akan penurunan permintaan akibat gelombang ke dua pandemic covid-19.

A European-based lawyer has urged the palm oil industry to consider bringing the ‘palm oil-free’ or ‘no palm oil’ claims on food products before selected EU Member States’ courts or administrative authorities, saying they are illegal under EU law under multiple interpretative lenses and legal instruments.

Malaysian palm oil futures rose on Friday, tracking higher crude and soybean oil prices, but the contract was still on track to snap its sixth straight week of gains.

The U.S. ambassador to Mexico appeared to question whether it was a good time to invest in Latin America’s No.2 economy on Thursday, just days before a new North American trade agreement takes effect, although he later walked back the comments

TH PLANTATIONS Bhd’s net loss widened to RM11.53 million in its first quarter ended March 31, 2020 (1Q20), from a net loss of RM8.09 million a year ago, due to unrealised foreign-exchange loss, higher finance cost and fair value change in biological assets

Indonesia is seeing greater exports of palm oil-derived oleochemical products such as soap glycerine noodles as a result of Covid-19, and expects the B30 biodiesel mandate to help sustain the industry.

With demand for crude oil dropping sharply, leading to a steep fall in crude oil prices, the viability of the biodiesel business has also weakened significantly, putting both Malaysia and Indonesia’s biodiesel mandates under pressure.

Malaysian palm oil futures fell for a second straight session on Thursday, after crude prices plunged overnight and as investors awaited export data.