Berita Arkib

KUALA LUMPUR (Dec 30): Asian palm oil prices slip on profit taking, although the market is likely to trend upward, says a Kuala Lumpur-based trader.

However whereas the bushes are thought-about a extremely productive supply of vegetable oil, farming them can carry a heavy environmental influence. As giant farms clear land to make room for oil palms, deforestation and forest fires can happen, threatening biodiversity.

KUALA LUMPUR: With palm oil currently trading at its highest level in almost three years — with prices above the RM3,000 per tonne mark — analysts see an earnings boost for the plantation industry in 2020.

Malaysian palm oil futures cut early losses on Monday to trade little changed, heading for their best year in a decade amid expectations of lower output and an increased push for biofuel usage in the world's two top producers of the tropical oil.

KUALA LUMPUR: Felcra Bhd, which posted RM187.12 million in losses in 2018, is set to narrow its losses this year as the new management sought to restructure the government entity, raise its business competitiveness and ride on rising oil palm prices.

The Malaysian government has chosen to permit the Roundtable on Sustainable Palm Oil to distribute maps of corporate land concessions for Peninsular Malaysia and Sarawak, in an offer to support straightforwardness. The RSPO, which is the world’s biggest relationship for moral palm oil creation, considered the move an “achievement” that could leave top palm oil maker Indonesia further behind in the quest for straightforwardness in the segment. The RSPO, a willful affirmation plot whose individuals incorporate makers, brokers, and purchasers of the ware, just as NGOs, in around 90 nations, at first dedicated to distributing the maps in 2013.

The Brazilian biodiesel market is expected to find a balance between offers and demand in 2020 after feedstock prices reached a historic high in 2019.

CHICAGO, Dec 30 (Reuters) - U.S. soybean futures on Monday rose to their highest price since June 2018 on expectations that Washington and Beijing will soon sign an initial trade deal that will increase American agricultural exports.

Hyderabad: Agriculture Minister S Niranjan Reddy said that the State government is targetting to achieve a target of oil palm cultivation in an extent of 7 lakh acres in the next five to seven years.

KUALA LUMPUR: Felcra Bhd, which posted a RM187.12 million loss last year, is expected to narrow its loss this year as the new management plans to restructure the entity, raise its competitiveness and ride on rising oil palm prices.

SEA, the edible oilseed industry body has exhorted the Centre government to not to reduce the import duty on crude palm oil.

KUALA LUMPUR: Malaysian industries need to invest more in sustainable solutions if they want to compete in the international market, says Deputy International Trade and Industry Minister Ong Kian Ming.