Berita Arkib

Improved demand in palm oil and rise in palm future lifted soy and other oils with soya refined Indore (Ruchi)

In the 1st quarter 2020 Russia has reduced the import of palm oil and its fractions 8.1% compared to the 1st quarter of 2019 to 231 thousand tons, according to data of Federal state statistics service (Rosstat)

The Government's previous regulations requiring the use of national sea transport for export and import activities relating to certain goods, including coal and crude palm oil exports and rice imports

If India wants to produce as much edible oil as it is consuming through its traditionally-grown oilseeds, the country may need at least 30 million hectares of area for cultivating them and this is next impossible, said noted agricultural economist Ashok Gulati on Wednesday

This is bad news for the EU, a major importer of essential foods from Russia - not least because Russia's ban also extends to other essential foods like rye, barley, corn, soybeans, and sunflower oil

Malaysian palm oil futures slipped on Thursday, after posting sharp gains in the previous session, pressured by weaker crude oil prices although higher exports in May limited losses.

KUALA LUMPUR: On the back of missed earnings expectations, Kenanga research anticipates more weakness ahead for IOI Corp as lower crude palm oil (CPO) prices and downstream margins pressure follow it into the final quarter of its financial year

The research house said the group’s 1Q20 earnings were well above its expectations at 37% and 38% of street financial year 2020 projections as the core net profit for the quarter almost quadrupled year-on-year

Malaysian palm oil futures closed at their highest in more than a month on Wednesday, following a long Eidul Fitr holiday, as cargo surveyors' data showed higher exports, while forecasts of a lower output also aided sentiment.

US soybean futures firmed on Wednesday as a slowdown in plantings in the Midwest and forecasts for more disruptive weather lifted prices to two-week highs, although technical selling kept a lid on gains.

Japanese Foreign Direct Investment (FDI) into the UK is estimated to be over USD 80 Billion in 2019 (1000 Japanese companies operate in the UK, making it the second most popular destination for Japanese businesses in Europe, after Germany).

WHEN the lockdown across the country had yet not turned “smart” in April, Pakistan’s food import bill increased to $519 million, up 27.5 per cent from $407m in March, data released by the Pakistan Bureau of Statistics (PBS) shows.