Indonesia has issued 160 palm oil export permits for 18 companies - official

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

JAKARTA : The world's top palm oil producer, Indonesia, has issued 160 palm oil export permits for 18 companies as of June 2, Oke Nurwan, a senior trade ministry official said on Thursday.Permits issued so far have covered 179,464 tonnes of shipments, mostly for refined, bleached and deodorised (RBD) palm

FILE PHOTO: People ride on a motorbike passed the trucks with palm oil fresh fruit bunches queue for unloading at a factory in West Aceh, Indonesia, May 17, 2022, in this photo taken by Antara Foto. Antara Foto/Syifa Yulinnas/ via REUTERS.

FILE PHOTO: People ride on a motorbike passed the trucks with palm oil fresh fruit bunches queue for unloading at a factory in West Aceh, Indonesia, May 17, 2022, in this photo taken by Antara Foto. Antara Foto/Syifa Yulinnas/ via REUTERS

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Indonesia anti-monopoly agency calls for control of palm oil plantation sizeJAKARTA : Indonesia's anti-monopoly agency on Tuesday called for tighter controls on how much palm oil plantation area a business group can operate, to reduce the risk of unfair competition in the downstream cooking oil industry.The agency known as KPPU has been investigating cartel practices in the cooki
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

US investigates Chinese companies over export sanction issuesWASHINGTON : U.S. Commerce Secretary Gina Raimondo said on Tuesday the Biden administration is actively considering adding new Chinese companies to the government's economic blacklist as it investigates what it calls efforts by China to evade U.S. sanctions.The Commerce Department's Entity List restricts
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Malaysia may review palm kernel cake exports to secure chicken feed supply
Source: STForeignDesk - 🏆 4. / 71 Read more »

Malaysia may review palm kernel cake exports to secure chicken feed supplyKUALA LUMPUR: Malaysian authorities will discuss a possible review of the policy on palm kernel cake exports, which can be used as animal feed, in an effort to stabilise chicken supplies in the country, the commodities ministry said on Tuesday (May 31). Last week, Malaysia said that it will
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Malaysia palm oil prices seen trading above 6,000 rgt in 2022 -state agencyKUALA LUMPUR : State agency the Malaysian Palm Oil Council (MPOC) on Wednesday lowered its production outlook for the world's second largest producer and pegged prices to remain above 6,000 ringgit ($1,367.37) a tonne this year.MPOC forecast Malaysia's 2022 production at 18.6 million tonnes, up from 18.1
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Malaysia's palm oil giant FGV swings to profit in Q1 earningsKUALA LUMPUR : Malaysian palm oil planter FGV Holdings reported on Tuesday it swung to a profit in the first quarter, helped by higher crude palm oil prices and improved sales volume. Net profit during the January-March period rose to 369.2 million ringgit, compared to a loss of 35.4 million ringgit ($8.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »