Indonesia's crude and refined palm oil exports surged 62.2% in February from a month ago to reach a four-month high, the statistics bureau said on Monday, as Jakarta's move to lower export taxes ...
He said the matter needs to be discussed jointly as Indonesia’s plans will affect the entire oil palm industry chain, not just Malaysia, but also globally.
Malaysian palm oils closed higher on Wednesday, after Indonesia reaffirmed its intention to increase the palm oil export tax.
Malaysia, has contributed to palm relinquishing its status as the world’s cheapest vegetable oil to soyoil. Adding to the problem: Indonesia now wants to expand its biofuel program, meaning more ...
KUALA LUMPUR, March 10 (Reuters) - Malaysia's palm oil stocks fell ... The drop in stocks in the world's second-largest palm oil producer after Indonesia could support benchmark futures , traders ...
Prices of cooking oil could be buoyed up for years by stagnating production and a biodiesel push in top producer Indonesia that are making traditionally cheap palm oil costlier, eliminating an ...
Palm oil production, dominated by Indonesia and Malaysia, nearly doubled every decade from 1980 to 2020, fuelling criticism over deforestation to add plantations. During that time, average annual ...
Constrained supply, including from the second-biggest producer, Malaysia, has contributed to palm relinquishing its status as the world’s cheapest vegetable oil to soyoil. Adding to the problem: ...
Malaysia's palm oil stocks fell for a ... The drop in stocks in the world's second-largest palm oil producer after Indonesia could support benchmark futures, traders said, even as the tropical ...