Of this, palm oil comprises 9 million tonne and the rest 6 million tonne is soybean and sunflower oil. Advisory Alert: It has come to our attention that certain individuals are representing ...
Benchmark palm oil futures were down 1% by the midday break, tracking declines of more than 1.5% in prices of soybean oil and refined palm oil on the Dalian Commodity Exchange.
The palm oil industry also needs to leverage technology to reduce Scope 3 emissions and enhance product traceability ...
Recent increase in import duties on edible oils boosts oil palm farmers' income, but sustainability concerns remain.
The competition in the palm oil downstream segment may intensify in the second half of the year following the recent ...
"We should now see a reordering of trade in palm products. Malaysia will be the key origin for CPO, Indonesia, thanks to tax incentives, will lead exports of processed products," Fry said.
According to a finance ministry notification, the basic customs duty on crude palm, soybean and sunflower seed oil has been increased from nil to 20 per cent. Basic customs duty on refined palm, ...
India's demand for Malaysian refined palm oil is likely to drop sharply in October following a tax hike, curtailing further exports from the Southeast Asian country and leading to higher inventories.
This will directly impact makers of soaps and personal care products who use a derivative of crude palm oil, as also makers of snacks and biscuits using refined palm oil and speciality fats.
Imports of refined palm oil, refined soyoil and refined sunflower oil will attract 35.75% import duty against the earlier duty of 13.75%. Reuters reported in late August that India was considering ...
PALMOILMAGAZINE, JAKARTA - Due to the increasing difficulty in distinguishing between halal and non-halal products, it is ...
culminating last week in a blanket ban on exports of both crude palm oil and its refined products, such as cooking oil. Right up until the end the government sent a flurry of mixed messages ...