Berita Terkini

MARKET DEVELOPMENT
02-12-2021

VEGOILS-Palm oil ticks higher from 8-week low, Omicron worries linger

KUALA LUMPUR, Dec 1 - Malaysian palm oil futures rose on Wednesday, after hitting an eight-week low in the previous session, as broader markets recovered from a sell-off sparked by concerns over the Omicron coronavirus variant, although lingering fears capped gains.

MARKET DEVELOPMENT
02-12-2021

Indonesia to ramp up biodiesel efforts to meet green energy targets, official says

JAKARTA, Dec 1 (Reuters) - Indonesia will need to increase the bio-content of its palm oil-based biodiesel to 40% by 2024 or risk missing its renewable energy targets, a senior official said on Wednesday.

MARKET DEVELOPMENT
02-12-2021

Indonesia to push back B40 rollout to 2025: MEMR

Indonesia is likely to implement 40pc biodiesel blending (B40) partially across some regions in 2025, with higher domestic hydrotreated vegetable oil (HVO) and distilled palm methyl ester (DPME) capacity needed to transition to nationwide B40 in later years.

MARKET DEVELOPMENT
02-12-2021

MPIC refining applications from smallholders for oil palm replanting grant

KUALA LUMPUR: Applications from smallholders for grants through the Smallholder Oil Palm Replanting Stimulus Scheme approved under Budget 2022 are being refined, said Deputy Minister of Plantation Industries and Commodities (MPIC) Datuk Willie Mongin.

MARKET DEVELOPMENT
02-12-2021

Indonesia to increase 2021 biodiesel allocation to meet higher fuel demand

JAKARTA - Indonesia will increase its 2021 biodiesel allocation by 213,033 kilolitres to 9.4 million kilolitres, its energy ministry said in a statement on Wednesday.

MARKET DEVELOPMENT
02-12-2021

Palm oil downstreaming to increase added value of exports: minister

Jakarta (ANTARA) - Finance Minister Sri Mulyani emphasized that the downstreaming of palm oil is important to boost the added value of exports since palm oil is one of Indonesia's main export commodities.

MARKET DEVELOPMENT
01-12-2021

Palm oil maker FGV posts Q3 profit jump, eyes output recovery

KUALA LUMPUR, Nov 30 (Reuters) - Malaysia's FGV Holdings (FGVH.KL), the world's largest crude palm oil producer, said on Tuesday its third-quarter profit nearly tripled from a year earlier as prices surged and forecast a return to full output by the second quarter of 2022.

MARKET DEVELOPMENT
01-12-2021

Malaysia's palm oil giant FGV says migrant workers to enter by end-Q1 2022

KUALA LUMPUR, Nov 30 (Reuters) - Malaysia's palm oil planters are preparing to import an army of migrant workers to boost output hammered by the coronavirus pandemic, but the nation's largest producer said workers are only expected to start arriving by the end of March 2022.

MARKET DEVELOPMENT
01-12-2021

CPO futures end lower on weaker CBOT performance

KUALA LUMPUR (Nov 30): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Tuesday, tracking weakness in the soybean oil market on the Chicago Board of Trade (CBOT).

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