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Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
CPO prices seen at RM4,400-RM4,600 on tighter supply
Palm retreats from 21-month high on stock outlook, weak exports
Palm slips over 1% on weaker soyoil, bearish MPOB data
Palm oil prices end 4-day losing streak on stronger soyoil, Asian equities
KUALA LUMPUR: Malaysian palm oil futures snapped four straight sessions of decline to rise on Tuesday, buoyed by stronger prices of rival soyoil and tracking cheer in Asian markets on positive economic data from China.
Indonesia keeps palm oil, cocoa export taxes unchanged for July
* Indonesia will keep its export tax for crude palm oil at zero for a fourth month in July, a document from the country's Trade Ministry showed on Tuesday.
Nepal’s one-third export earnings are from palm and soybean oils
KATHMANDU, June 30: Nepal in the current fiscal year has got some respite from the ever-worsening trade position with the country being able to narrow down the trade deficit to some extent and one-third export earnings of the country coming from palm oil and soybean oil.
Menko Airlangga Minta Eropa Pangkas Tarif Impor Produk RI
Jakarta, CNN Indonesia -- Menteri Koordinator Bidang Perekonomian Airlangga Hartarto meminta Uni Eropa (UE) untuk mengurangi dan mengeliminasi perhitungan tarif dan non-tarif untuk mendorong perdagangan bilateral kedua pihak yang renggang akibat pandemi covid-19. Khususnya, tarif impor untuk produk makanan dan peralatan medis.
Performa AALI, Harga CPO Membaik Bikin Kinerja Keuangan dan Harga Saham Melejit
KONTAN.CO.ID - JAKARTA. Kinerja keuangan PT Astra Agro Lestari (AALI) tumbuh signifikan meski pandemi Covid-19 menyerang. Berdasarkan laporan keuangan kuartal I-2020, laba bersih emiten perkebunan Grup Astra tersebut tumbuh tajam sebesar 892% menjadi Rp 371,06 miliar. Sementara, pendapatan naik 13,33% menjadi Rp 4,79 triliun.
US biodiesel production down slightly in April, soy oil use rises
U.S. production of biodiesel fell slightly in April compared to March, according to data from the U.S. Energy Information Administration, as lockdowns from the coronavirus pandemic that began to take hold in March were expanded and held firm throughout April. Production of biodiesel in the U.S. was 151 million gallons in March, which was 19 million gallons higher than February’s production volumes, but producers dialed back biodiesel manufacturing to 143 million gallons in April.
Palm oil prices drop 1.8% on cheaper rival oils, firmer ringgit
SINGAPORE: Malaysian palm oil futures fell for a fourth consecutive session on Monday, as cheaper rival oils and a stronger ringgit made the edible oil less attractive to foreign buyers.
TDM records improved performance in Q1
KUALA LUMPUR (June 29): TDM Bhd has recorded a three per cent increase in revenue to RM107.80 million in the first quarter of its financial year ended Dec 31, 2020 (Q1 FY20), driven by its plantation and healthcare division.
Malaysia records higher trade surplus of RM10.4b in May
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.
