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21. 16/08/2019
Indonesia has recorded a trade deficit of US$63 million in July on the back of weak commodity prices that has affected its export value, according to Statistic Indonesia (BPS) data released on Thursday.
22. 16/08/2019
SAO PAULO, Aug 15 (Reuters) - Imcopa, one of Brazil’s largest processors of non-genetically modified soybeans, has decided to unilaterally terminate a leasing contract with brewer Grupo Petrópolis for two crushing plants, according to an internal memo seen by Reuters.
23. 16/08/2019
Production of hydrotreated vegetable oil (HVO) in the European Union has picked up pace since 2012. Petroleum companies, such as Neste, Eni and Total, were the main entities promoting the creation of corresponding capacities. From the perspective of the Union zur Förderung von Oel- und Proteinpflanzen (UFOP), the key reason for the development is that the indirect land use change (iLUC) regulation introduced in 2015 permits that biofuels from waste oils and fats can be counted double. At the same time, pressure on prices has increased in the international vegetable oil markets.
24. 15/08/2019
KOTA KINABALU, Aug 15 — Oscar-winning British actress came to Sabah to film a BBC documentary but along the way, she learned how “complex and nuanced” the palm oil industry really is.
25. 15/08/2019
Malaysia kept its export duty on crude palm oil for September unchanged at zero percent, according to a circular on the Malaysian Palm Oil Board's website on Wednesday, citing the national customs department.
26. 15/08/2019
Maintain neutral: Malaysian palm oil inventories posted a surprise drop in July, bringing the inventory level to its lowest in a year, boosted by stronger-than-expected export demand, while imports halved from the previous month. Meanwhile, palm oil futures climbed for a sixth day to RM2,208 per tonne, the highest level in almost four months following the positive July performance. For the upcoming quarterly results, we expect another dismal performance from most of the plantation companies as crude palm oil prices have weakened to RM1,977 per tonne (year-on-year [y-o-y]: -16.7%; quarter-on-quarter: -1.3%). We maintain “neutral” on the sector outlook.
27. 15/08/2019
KUCHING: Outlook remains less-than-optimistic for plantation sector players with various factors in play suppressing the prices of crude palm oil (CPO).
28. 15/08/2019
During November 2018 to July 2019 period, the overall import of vegetable oils went up 5 per cent to 112.8 lakh tonne against 107.6 lakh tonne in the corresponding period of the previous year
29. 15/08/2019
BRUSSELS (REUTERS) - The European Commission on Tuesday (Aug 13) imposed countervailing duties of 8 per cent to 18 per cent on imports of subsidised biodiesel from Indonesia, saying the move aimed to restore a level playing field for European Union producers.
30. 15/08/2019
PLANTATION owner Golden Agri-Resources (GAR) continued to take a hit from soft crude palm oil (CPO) prices in the second quarter, as it posted a net loss of US$64.7 million, against a US$39 million loss a year ago.
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Malaysian Palm Oil Board ( MPOB ) Lot 6, SS6, Jalan Perbandaran, 47301 Kelana Jaya, Selangor Darul Ehsan, MALAYSIA.
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