Publisher: Muhammad Isnaini| Friday 06-01-2023, 11:10 WIB BBM Sawir goes into effect February 1, 2023. –Instagram screenshot @kementerian ESDM JAKARTA, RADARKAUR.CO.ID – The government has confirmed that palm oil fuel will start rolling out on February 1, 2023. The provisions for palm oil fuel are governed by a Circular from the Directorate General of the … Read more
Source: Huachuang Futures Author: Huachuang Futures Research report text 【soy flour】 logic:On Friday, the major soybean meal futures contract M2305 closed at 3,936 yuan/ton, up 69 yuan/ton, or 1.78%, from the previous trading day’s settlement price. The average aggregate price of soybean meal from mills that day was 4,748 yuan/ton, an increase of 14 yuan/ton … Read more
Jakarta, CNBC Indonesia – The Indonesian government will reportedly tighten palm oil export regulations starting January 1, 2023. Overseas shipment ratio will be reduced to ensure a sufficient supply of domestic cooking oil. Exporters will only be able to ship six times their domestic sales volume. This is eight times less than the current ratio. … Read more
Source: www.jintou.com According to SunSirs data monitoring, as of November 7, soybean oilPalm treeOil has entered a period of low swings, the market has been up and down for a month, and the overall situation is still dominated by low swings and lows. On November 7, the average market price of soybean oil was 10,456 … Read more
Jakarta, CNBC Indonesia – earth palm oil prices (Uncooked palm oil/ CPO) has been overshadowed by detrimental sentiment during this week. In this weekend’s trading session, Friday’s CPO price ranges (9/9/2022) closed 1.5% increased than the previous day at RM 3,594 per tonne, ending a 10-day streak of losses. In the meantime, CPO fell 8.2% … Read more
Jakarta, CNBC Indonesia – The cost of crude palm oil (CPO) fell 6.16% in a 7 days. The greatest drops occurred in the past two buying and selling times of the week, immediately after China confinement in some locations. Referring to Refinitiv, the CPO price tag in the to start with two days of this … Read more
Jakarta, CNBC Indonesia – The price of crude palm oil (CPO) has fallen sharply this 7 days in line with the drop in the cost of other vegetable oils. The CPO agreement cost on the Bursa Malaysia Derivative Exchange fell 7.13% and shut at MYR 4,093 / ton. CPO selling prices dropped sharply from their … Read more
Jakarta, CNBC Indonesia – The price of crude palm oil (Crude Palm Oil/CPO) shot up this week. CPO prices are back above MYR 4,000/ton. Throughout this week, the price of CPO on Bursa Malaysia skyrocketed 15.79% point-to-point. Much higher than the previous week’s increase of 3.23%. This week, CPO prices posted a fourth straight day … Read more
Jakarta, CNBC Indonesia – The price of Indonesia’s leading export commodity, namely crude palm oil (crude palm oil/CPO) fell this week in line with the weakening of world crude oil prices. The price of the CPO futures contract at Bursa Malaysia was observed to have fallen 11.7% in the last week to MYR 4,517/ton. The … Read more
Jakarta, CNBC Indonesia – Coordinating Minister for Maritime Affairs and Investment (Menko Marves) Luhut B Pandjaitan the government will boost the absorption of palm oil in the country. Namely, by increasing the application of palm oil consumption for fuel, biodiesel from B30 to B35/B40. According to Luhut, this step could be a way to boost … Read more