Berita Arkib

Argentina's Minister of Production and Labor Dante Sica, during a trip to Washington, told reporters on Friday he had asked for the "greatest speed" from U.S. counterparts to find a "quick solution towards being able to enter the market."

KUALA LUMPUR (May 16): Malaysian palm oil futures rose to a two-week high in early trade on Thursday on better demand for the edible oil, set to gain for the fourth straight day as they tracked gains in soyoil on the US Chicago Board of Trade.

KUALA LUMPUR: Malaysian palm oil futures rose to a more than two-week high on Thursday evening on better demand for the edible oil, moving up for the fourth straight day as they tracked gains in soyoil on the U.S. Chicago Board of Trade.

According to the Indonesian Palm Oil Producers Association (Gapki), the country’s palm oil exports increased in the first quarter of 2019, despite an alleged smear campaign against the commodity led by the European Union and a global economic slowdown.

PETALING JAYA, May 16 — The Ministry of Primary industries has received a number of requests from China, expressing interest in buying large quantities of palm oil and palm-based products from Malaysia following the Prime Minister’s official visit to Beijing recently.

The Governor of the Central Bank of Nigeria, Godwin Emefiele, on Wednesday urged the Federal Government to attach premium to palm oil production, saying its price is higher than crude oil’s.

The managing Director of Okomu oil palm company Plc., Dr Graham Hefer, says the influx of banned adulterated Crude Palm Oil(CPO) and Ole into the Nigerian market is adversely affecting indigenous companies, with colossal revenue loss to government.

India meets more than 70% of its domestic edible oil demand through imports. The country imports 150-160 lakh tonne of vegetable oils (edible & non-edible) per annum.

Malaysian palm oil futures climbed to a one-week top in early trade on Wednesday, in line to chart a third consecutive day of gain, as it tracked an increase in U.S. soyoil on the Chicago Board of Trade (CBOT) and a weaker ringgit.

Indonesia and Germany inked a cooperation agreement under which four development projects will receive funding of 37 million euros in areas of effective governance, technical and vocational education and training, and environment and biodiversity protection

Trump last week raised tariffs from 10 percent to 25 percent on many goods and commodities imported from China, worth about $200 billion. The Chinese government responded this week by announcing additional taxes on U.S. imports worth about $60 billion, to take effect June 1

Plantation company Kuala Lumpur Kepong Bhd(KLK) net profit in its second quarter ended March 31, 2019 (2Q19) rose 34.6% to RM142.95mil from RM106.15mil a year ago, mainly due to a surplus of RM25.6mil arising from government acquisition of plantation land.