Berita Arkib

Hyderabad: With increased irrigation facilities in the State and the government encouraging farmers to diversify from traditional farming patterns, oil palm cultivation could be the next big thing happening in the agriculture sector in Telangana. Currently, oil palm is being grown in Nalgonda, Suryapet, Khammam and Bhadradri districts of the State with a cumulative area coverage of around 45,000 acres, producing around 30,000 tonnes of crude palm oil.

KUALA LUMPUR (June 15): Malaysian Palm Oil Board (MPOB) has ordered an oil palm mill in Kluang, Johor that caused river pollution to halt its operation immediately until the date the Johor Department of Environment (DOE) lifts the suspension of its licence, said MPOB Director General Dr Ahmad Parveez Ghulam Kadir.

TEMPO.CO, Jakarta - Indonesian palm oil company, PT Astra Agro Lestari, has recorded positive operational and financial performance amid the global COVID-19 pandemic, which has posed economic challenges worldwide.

Due to the decrease in international palm oil prices, some premium brands decreased their prices by a nominal Rs5 per kg, however the MoIP calculates that the actual reduction should have been at least Rs50 per kg.

MALAYSIA’S palm oil exports to the Chinese market is likely to face fierce competition from Indonesia due to their competitive price point and higher crude palm oil (CPO) output

Malaysia is expecting to see improved relations with India after resuming exports of palm oil to the South Asian power. India has signed contracts to purchase up to 200,000 tonnes of palm oil from Malaysia in June and July, resuming purchases after a four-month pause

The Pakistan Economic Survey 2019-20 noted that the falling crude oil prices will further ease inflationary pressures and the government expects it to enter single- digit in next fiscal year (FY21).

As lockdown forced people to stop eating out, the demand for maida used in samosas, kachoris, breads and pizzas and palm oil, mostly widely used in restaurants, came crashing down

Palm oil stock levels are expected to rise as demand from the food and energy sectors continues to be affected by the Covid-19 pandemic and volatile crude oil prices.

Palm oil-derived biodiesel demand in the European Union (EU) is expected to remain stable this year, says a leading European vegetable oils firm.

Malaysian palm oil futures rose on Thursday, recovering from a more than 1% fall in the previous session, boosted by a surge in exports in the first 10 days of June as more countries eased coronavirus-induced restrictions.

Malaysia's palm oil inventories by end-May dropped for the first time in three months as production fell, official data showed on Wednesday, despite surveys pegging stockpiles to rise 10%.