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OILS & FATS
02-09-2022

Ceiling price for 5kg bottled palm cooking oil set at RM33.50 from Sept 8, says Annuar

01/09/2022 (The Edge Markets) - The ceiling price of 5kg bottled [palm] cooking oil will be reduced to RM33.50 from RM34.70 from Sept 8 to Oct 7, said chairman of the Special Task Force on Jihad against Inflation Tan Sri Annuar Musa.

MARKET DEVELOPMENT
02-09-2022

Malaysia's August palm oil exports rose 0.3 pct –SGS

01/09/2022 (Channel News Asia), Singapore - Exports of Malaysian palm oil products for August rose 0.3 per cent to 1,309,801 tonnes from 1,306,393 tonnes shipped during July, cargo surveyor Societe Generale de Surveillance said on Thursday.

OILS & FATS
02-09-2022

VEGOILS-Palm ends at near one-month low on fears of higher supply

02/09/2022 (Hellenic Shipping News) - Malaysian palm oil futures closed at their lowest in nearly a month on Thursday, hit by weakness in rival oils and expectations of higher supply as the peak production season begins.

MARKET DEVELOPMENT
01-09-2022

Indonesia tweaks palm oil export levy â€“ document

01/09/2022 (Hellenic Shipping News) - Indonesia on Wednesday tweaked its palm oil export levy rules to charge a maximum levy of $240 per tonne when the reference price hits over $1,430 per tonne, a regulation document showed.

MARKET DEVELOPMENT
01-09-2022

Patanjali lays foundation for palm oil mill in Arunachal Pradesh

31/08/2022 (The Economic Times) - Aiming to undertake oil palm plantation across 38,000 hectares in Arunachal Pradesh, Patanjali Foods will on Wednesday lay the foundation stone for setting up of a mill in the state's East Siang district.

MARKET DEVELOPMENT
01-09-2022

Rise Again, Here Are Riau Palm Oil Prices Next Week

31/08/2022 (Nation World News) - There is an increase in the price of FFB for the period 31 August to 06 September 2022 in each age group of Oil Palm.

MARKET DEVELOPMENT
01-09-2022

Indonesia Ratifies RCEP Trade Agreement

31/08/2022 (Asean Briefing) - Indonesiaâ€™s parliament has approved the countryâ€™s membership in the Regional Comprehensive Economic Partnership (RCEP) trade pact and becomes the latest country in ASEAN to join in what is the worldâ€™s largest free trade agreement. The RCEP is estimated to cover 30 percent of the global GDP of US$25.8 trillion, and comprise 30 percent of the worldâ€™s population.

MARKET DEVELOPMENT
01-09-2022

3F Oil Palm to set up integrated oil palm factory in Arunachal Pradesh

31/08/2022 (The Sentinel), Itanagar - 3F Oil Palm Pvt. Ltd, a leading oil palm company in India, on Tuesday announced that it will kick off its investment in the Northeast by setting up an integrated oil palm factory in Arunachal Pradesh.

MARKET DEVELOPMENT
01-09-2022

Apeiron Bioenergy secures equity financing from Mitsui Chemicals

31/08/2022 (The Digest) - In Singapore, Apeiron Bioenergy has successfully closed an equity financing round from Mitsui Chemicals. The funds will support Apeiron to increase its collection capacity for waste-based feedstocks across Asian markets and position the company for exponential growth amidst growing demand for renewable feedstock for advanced biofuels such as sustainable aviation fuel (SAF).

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