Showing 1 - 10 of 10
Indonesia, Malaysia agree palm oil prices should not compete
Reuters, Published on 01/04/2022
» JAKARTA: Malaysia and Indonesia agreed that global prices of palm oil should be determined by the two biggest producers and they should not compete, Malaysia's Prime Minister Ismail Sabri Yaakob said after meeting Indonesia's President Joko Widodo on Friday.
Palm oil becomes costliest vegoil as Ukraine war halts sunoil supply
Reuters, Published on 01/03/2022
» MUMBAI:- Palm oil has become the costliest among the four major edible oils for the first time as buyers rush to secure replacements for sunflower oil shipments from the top exporting Black Sea region that were disrupted by Russia's invasion of Ukraine.
Malaysia's top palm oil state reopens company jetties
Reuters, Published on 27/04/2020
» KUALA LUMPUR: Private jetties that were shut in Malaysia's biggest palm oil producing state of Sabah due to coronavirus-related curbs have been allowed to reopen, state news agency Bernama reported.
Jetty closures in Malaysia's top palm state to hurt exports
Reuters, Published on 26/04/2020
» KUALA LUMPUR: Palm exports from Malaysia's biggest producer of the edible oil, Sabah state, will be hit by a closure of private jetties due to coronavirus-related curbs, an industry body said on Saturday.
Malaysia to fully implement new biodiesel programme from Feb
Reuters, Published on 26/11/2018
» KUALA LUMPUR: Malaysia on Monday said it would start to phase in a higher biodiesel mandate from next month, with the new rule coming into full force from February in an effort to bolster palm oil prices.
Indonesia bets big on biodiesel to limit costs of oil imports
Reuters, Published on 07/08/2018
» JAKARTA: Indonesia plans to require all diesel fuel used in the country contain biodiesel starting next month to boost palm oil consumption, slash fuel imports, and narrow a yawning current account gap.
Indonesia palm oil plantations boost security to stop thieves
Reuters, Published on 09/08/2017
» JAKARTA -- Indonesian security companies have seen a surge in demand for guards to protect palm oil plantations from fruit thieves and land grabbers, amid a rebound in prices of the commodity used to churn out everything from cooking oil to soap.
Malaysia June exports post surprise jump
Reuters, Published on 05/08/2016
» KUALA LUMPUR - Malaysia's export growth rose unexpectedly in June, driven by higher demand for manufactured goods from the United States, which offset the hit to the oil-producing country's commodities shipments.
Indonesia's top diesel buyer says biofuel rule unworkable
Reuters, Published on 11/07/2016
» JAKARTA -- Indonesian state power firm PLN says it cannot comply with government rules that it use diesel fuel with a bio content of at least 30% because it would damage generators, potentially curbing demand for biofuel ingredient palm oil in the world's top producer of the commodity.
Malaysia's May exports fall, imports rebound
Reuters, Published on 01/07/2016
» Malaysia's exports surprisingly fell in May as global oil prices remained weak, while imports rebounded, exerting pressure on the country's trade surplus, government data showed on Friday.