the government has no complete database on the upstream and downstream palm oil industry.
The move came on the back of a series of marketing-intervention measures between January and this month to stabilise the retail price of cooking oil after the prices of palm oil skyrocketed due to the massive disruption in the global supply of edible oils, a combined result of poor harvests and the Russian invasion of Ukraine.
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:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
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 »
Indonesia has issued 160 palm oil export permits for 18 companies - officialJAKARTA : 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
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »