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Indonesia, the world’s biggest palm oil producer and exporter, will push ahead with its ambitious biodiesel program even as prices of the tropical oil have…
Refiners of edible oils in India, one of the world’s biggest consumers, face the prospect of shuttering factories because the structure of import taxes makes supplies of…
JAKARTA – The publicly listed plantation company PT Astra Agro Lestari Tbk (AALI) has planned to reach net zero emission under its long term plan which…
MUMBAI, Feb 13 (Reuters) – India has cut its tax on crude palm oil (CPO) imports to 5% from 7.5%, the government said in a notification, as…
KARACHI: Pakistan is likely to import 3.6 million metric tonnes (MT) of palm oil in the current fiscal year amid increasing demand, a sector study…
JAKARTA: Indonesia has conducted early tests to produce gasoline made from palm oil, its energy ministry said on Tuesday (Jan 25), as it seeks to…
The government will conduct a B40 biodiesel road test in February as it pushes ahead with its plan to use more palm oil-derived fuel in…
Malaysian palm oil futures rose more than 1% on Monday, as top producer Indonesia moved ahead with plans to test biofuel with higher palm content, while…
Palm oil will likely ease over the next six months but remain above 4,700 ringgit ($1,124) a ton as supply constraints that have pushed prices…
The next resistance will be 5,094 ringgit, a break above which could lead to a gain to 5,155 ringgit. The fall from the Thursday high of 5,053…
Indonesia’s crude palm oil output is expected to rise 2.6% next year to 51.01 MMT from a 2021 estimate of 49.71 MMT, according to the…
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with an upward bias next week, a dealer…
Even though the prices of Malaysian crude palm oil shot up sharply, the price of the Indian product did not follow the same trend in…
JAKARTA, Dec 23 (Reuters) – Malaysian palm oil futures extended gains to a third session on Thursday over expectations of lower December output, as torrential rains that began last…
MUMBAI, Dec 22 (Reuters) – India’s refined palm oil imports are set to jump in the first quarter of 2022 after New Delhi slashed import taxes on…
KUALA LUMPUR (Dec 21): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives reversed Monday’s losses to close higher on Tuesday tracking gains in the soybean…
