Palm Oil News Monitoring

Palm oil distribution via Purchase Permit Book begins in Yangon Region

This photo shows consumers queuing to purchase palm oil. The Myanmar Edible Oil Dealers Association has started distribution of palm oil using a Purchase Permit Book on certain days in 44 townships in the Yangon Region. Under the scheme, a viss (equal to 1 …

India hikes import tax on palm oil, other edible oils by 20pc

NEW DELHI, Sept 14 — India has hiked import tax on palm oil and other edible oils by 20 per cent, a move seen as helping local oilseed farmers. The tax increase is effective from Sept 14, according to a government notification on Friday. Basic customs duty …

China’s start-up winter is here

Both the Federal Reserve and the Bank of England are set to announce interest rate decisions this week. In China, venture capital finance has dried up amid political and economic pressures. Plus, Indonesian palm oil producers warn of global supply chain …

Farmers call for ban on palm oil imports in letter to PM Modi

Nigeria’s Inflation Records Mixed Signals: August 2024 Sees 1.25% Decline From July, But 6.35% Increase Over 12 Months

The National Bureau of Statistics (NBS) on Monday said that though Nigeria’s headline inflation rate decreased by 1.25% from 33.40% recorded in July 2024 to 32.15% in August 2024, the inflation rate actually increased by 6.35% when compared to the record …

Cold-Pressed Oil Market Size Growing at 5.3% CAGR to Hit USD 36.40 Bn

WILMINGTON, DE, UNITED STATES, September 16, 2024 /⁨EINPresswire.com⁩/ -- The global cold-pressed oil market registered $24.62 billion in 2018, and is estimated to reach $36.40 billion by 2026, with a CAGR of 5.3% from 2019 to 2026. Get Sample …

Malaysian palm oil hits three-week low

MUMBAI: Malaysian palm oil futures fell on Thursday to their lowest level in three weeks, on expectations of an import duty hike by top buyer India and in response to weakness in soyoil and palm oil contracts in the Dalian market. The benchmark palm oil …

Inflation drops to 32.15%

By Emmanuel Elebeke The National Bureau of Statistics, NBS, says the headline inflation rate eased to 32.15% in August 2024, relative to the July 2024 headline inflation rate of 33.40%. This indicates that the August headline inflation rate showed a …

Study reveals tropical oils' dual impact: Vital vitamins and dangerous side effects

Tropical oils: balancing health benefits with risks—a comprehensive review sheds light on coconut and palm oil's impact on nutrition, disease prevention, and long-term health concerns. Study: Tropical oils consumption and health: a scoping review to …

MP Evans hikes dividend 20% as profits surge

MP Evans Group PLC (AIM:MPE) hiked its interim dividend 20% as profits soared in the first half of the year. The sustainable palm oil producer increased operating profit 78% to US$41.6 million for the first six months of 2024, as higher production was …

MP Evans interim profit jumps 80% higher; extends share buyback scheme

(Alliance News) - MP Evans Group PLC on Monday said its interim profit has surged, following a period of increased production and higher palm oil prices. The Tunbridge Wells, England-based producer of Indonesian crude palm oil said its pretax profit for …

Nigeria's inflation drops to 32.15% in August 2024

Nigeria’s headline inflation further eased to 32.15 per cent in August. This is 1.25 per cent lower than the rate in July which was 33.40 per cent. This Even as food inflation also dropped from 39.53 per cent in July to 37.52 per cent in August 2024. …

EU deforestation law sparks fears of ‘hard beef border’ between UK and Northern Ireland

From Jan 1, European deforestation regulation (EUDR) will apply in Northern Ireland because of post-Brexit trading arrangements which mean the region follows hundreds of EU rules. It will not apply to the rest of the UK. It means that beef sold on the EU …

AfDB celebrates 60 years

Dr. Akinwumi Adesina (centre), the president of the AfDB Bank Group; Foster Ofosu (3rd left), the Chairman of the Bank’s Staff Council and Dr. Victor Oladokun, (1st from left), the Senior Advisor to the Bank President on Communication and Shareholder …

Germany joins pushback to EU anti-deforestation law; Brazil urges EU to suspend 'punitive' law

Germany joins pushback to EU anti-deforestation law; Brazil urges EU to suspend 'punitive' law By Umberto BACCHI, with Michelle FITZPATRICK in Frankfurt Brussels, Belgium (AFP) Sept 13, 2024 Pressure mounted on the European Union on Friday to delay …

‘Time is running out: Grain sector urgently needs clear EUDR (deforestation) requirements’

The European Deforestation Free Supply Chains regulation applies from December 31. From that date, companies must meet various requirements, but much is still unclear, says Caroline Emmen, director of the Committee of Grain Traders. According to the …

Daily Briefing: Arvind Kejriwal’s trial by fire; fast bowlers redefining Bangladesh’s cricketing identity; and more

The 76th Primetime Emmys are on! And if you were among those who cursed and cried at your screens while ‘The Bear’ played on your TVs, or felt waves of sadness, frustration and utter disbelief whilst watching ‘Baby Reindeer’ on Netflix, you might have …

Paws for peace: How animal diplomacy shapes global relations

🤑 China has long used pandas to signal which countries are its friends.  🤔 Unlike China’s panda programme, which often links placements to zoo quality and diplomatic ties, Malaysia wants to send orangutans to India, China and the EU, its largest palm oil …

Investors urge banks to cut commodity-driven deforestation

Investment managers with a combined more than $8 trillion in assets under management are urging the banks in their portfolios to eliminate deforestation from their lending and investment practices. The new guidelines call for banks to assess their ties to …

Ecotourism: Rapid Growth, Market Forecast Surges to $829.8 Billion by 2035

The ecotourism market size was valued at $210.4 billion in 2023, and is estimated to reach $829.8 billion by 2035, growing at a CAGR of 11.7% from 2024 to 2035. WILMINGTON, NEW CASTLE, DE, UNITED STATES, September 16, 2024 /⁨EINPresswire.com⁩/ -- …

NECANN’s Michigan Cannabis Convention in Grand Rapids September 20-21

Over 100 cannabis industry exhibitors and 60 expert speakers highlight the two-day B2B event. GRAND RAPIDS, MI, UNITED STATES, September 16, 2024 /⁨EINPresswire.com⁩/ -- Media Contact: Marc Shepard marc@necann.com | 508-964-1074 NECANN …

Sustainable Tourism: Rapid Growth, Market Forecast Surges to $11.4 Trillion by 2032

Global sustainable tourism market was valued at $3.3 trillion in 2022, is projected to reach $11.4 trillion by 2032, growing at a CAGR of 14% from 2023 to 2032. WILMINGTON, NEW CASTLE, DE, UNITED STATES, September 16, 2024 /⁨EINPresswire.com⁩/ -- …

Global Agri Natural Enemy Pest Control Market Size, Share, And Growth Analysis For 2024-2033

The Business Research Company's Agri Natural Enemy Pest Control Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033 LANDON, GREATER LANDON, UNITED KINGDOM, September 16, 2024 /⁨EINPresswire.com⁩/ -- The agri natural …

Global Agricultural Algaecides Market Size, Share, And Growth Analysis For 2024-2033

The Business Research Company's Agricultural Algaecides Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033 LANDON, GREATER LANDON, UNITED KINGDOM, September 16, 2024 /⁨EINPresswire.com⁩/ -- The agricultural …

Agricultural Variable Rate Technology Global Market 2024 To Reach $7.38 Billion By 2028 At Rate Of 13.9%

The Business Research Company's Agricultural Variable Rate Technology Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033 LANDON, GREATER LANDON, UNITED KINGDOM, September 16, 2024 /⁨EINPresswire.com⁩/ -- The …

NH Company Expands Saffron Trade from Georgia to Global Markets

NH Company, Georgia's first saffron specialist, strengthens its global presence by delivering certified premium saffron to international markets. TBILISI, GEORGIA, September 16, 2024 /⁨EINPresswire.com⁩/ -- NH, Georgia’s first specialist in …

INDEVCO Flexible Packaging Division Rebrands to INDEVCO Plastics, Reflecting Expansive Growth and Innovation

LEBANON, September 16, 2024 /⁨EINPresswire.com⁩/ -- INDEVCO Group, a diversified group specializing in manufacturing and industrial consultancy services, announces the rebranding of its Flexible Packaging (IFP) division to INDEVCO Plastics. This …

Home Bird Feeder Takes Flight with New Online Store for Hummingbird Enthusiasts

Popular bird blog expands to e-commerce, offering unique hummingbird-themed merchandise. LAS VEGAS, NV, UNITED STATES, September 16, 2024 /⁨EINPresswire.com⁩/ -- Home Bird Feeder, the beloved blog for bird enthusiasts, today announced the launch …

NITTTR Chennai and RFLY Innovations Sign MoU to Drive UAV Innovation

This collaboration will leverage the combined strengths of RFLY's industry expertise & NITTTR Chennai's academic prowess to drive innovation UAV applications. CHENNAI, TAMIL NADU, INDIA, September 16, 2024 /⁨EINPresswire.com⁩/ -- In a …

Journalists examine the impact of EU Cohesion Funds during field visit in Eastern Europe

BUDAPEST, HUNGARY, September 16, 2024 /⁨EINPresswire.com⁩/ -- From September 3 to 12, 2024, a group of journalists and civil society representatives embarked on an intensive journey through five Eastern European countries — Hungary, Croatia, …

Polylactic Acid Market Trend, Detailed Analysis on Future Growth to Enhance Business

The rising adoption of PLA in the construction sector and other industries has been a significant driver of growth. WILMINGTON, DE, UNITED STATES, September 16, 2024 /⁨EINPresswire.com⁩/ -- According to Allied Market Research (AMR), the global …

Wiggle Butt Academy Launches K9 Nose Work® Using NACSW Methods – Online Courses, Private Sessions & Group Classes

Wiggle Butt Academy Launches K9 Nose Work® Classes Using NACSW Methods – Offering Online Courses, Private Sessions & Group Classes for Dogs of All Breeds & Ages TX, UNITED STATES, September 15, 2024 /⁨EINPresswire.com⁩/ -- Wiggle Butt …

CJD Equipment Announces New Branch Opening in Rockhampton December 2024

PERTH, WESTERN AUSTRALIA, AUSTRALIA, September 16, 2024 /⁨EINPresswire.com⁩/ -- CJD Equipment is pleased to announce the upcoming opening of our new branch in Rockhampton, scheduled for December 2024. This new facility marks a significant step in …

Controlled Release Fertilizers Market Helps in Providing Scope, Growth Drivers and Various Dynamics

WILMINGTON, DE, UNITED STATES, September 15, 2024 /⁨EINPresswire.com⁩/ -- A recent report by Allied Market Research, titled “Controlled Release Fertilizers Market by Type (Slow Release, Nitrogen Stabilizers, Coated and Encapsulated), Mode of …

Agricultural Textiles: The APAC Region Will Lead the Water Pumps Market Through 2031 | At a CAGR of 4.9%

WILMINGTON, DE, UNITED STATES, September 15, 2024 /⁨EINPresswire.com⁩/ -- The global agricultural textiles market, as reported by Allied Market Research, was valued at $11.8 billion in 2021 and is projected to reach $18.8 billion by 2031, with a …

IoT in Chemical Industry Market Growth Powered With Latest Development Scenario and Influencing Trends

The large-scale application of IoT across various sectors, including petrochemicals, polymers, specialty chemicals, fertilizers & agrochemicals. WILMINGTON, DE, UNITED STATES, September 15, 2024 /⁨EINPresswire.com⁩/ -- Allied Market Research …

Inorganic Salts Market to Witness Heightened Revenue Growth During the Forecast, 2030

Increased use of dietary supplements and expanded applications of inorganic salts are key drivers of market growth. WILMINGTON, DE, UNITED STATES, September 15, 2024 /⁨EINPresswire.com⁩/ -- Allied Market Research recently published a report titled …

Future Scope of Vietnam Fertilizer Market Expects to See Significant Growth at CAGR of 3.8%

The rising focus on enhancing agricultural productivity is a key factor driving the market growth. WILMINGTON, DE, UNITED STATES, September 14, 2024 /⁨EINPresswire.com⁩/ -- The Vietnam fertilizer market, which generated $4.5 billion in 2019, is …

Fly Control Chemicals Market To Observe the Largest Share and Witness Robust Expansion With Detail Analysis

Surge in waste generation and significant rise in insect population are the crucial factors that fuel the growth of the global fly control chemicals market. WILMINGTON, DE, UNITED STATES, September 14, 2024 /⁨EINPresswire.com⁩/ -- According to the …