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Search result with “crude oil prices” as a keyword founded 42 news.

India and Pakistan's Growing Reliance on Indonesian CPO Sparks Concerns

... rely on the import of crude palm oil (CPO) from Indonesia, but ... Association (Gapki), predicts that palm oil prices could rise in 2024, returning ... % reduction in palm oil production is expected. CPO prices have fallen around ...
Business Nov 4, 2023 | 9:13 am

BI Vigilant Amid Rising Global Uncertainty and Gaza Conflict Impact

... the upward trend in food prices. "The latest escalation ... an increase in oil and energy prices, followed by rising ... " Widodo predicted that global crude oil prices could reach $150 per barrel ... more challenging amid falling global prices. Nevertheless, as of now ...
Business Oct 24, 2023 | 6:49 pm

Indonesia Posts Trade Surplus for 41 Months in A Row

... primarily supported by the non-oil and gas sector, amounting ... According to BPS, non-oil and gas exports reached $19 ... 14 percent jump in crude oil exports helped oil and gas exports ... August, September, and October. Additionally, prices of key commodities in the ...
Business Oct 16, 2023 | 2:25 pm

Indonesia, Malaysia Seek to Counter Negative Perception of Palm Oil in India

... oil plantations in Indonesia and Malaysia, the world's two largest crude ... palm oil (CPO) producers, have ... Export Duty after CPO Prices Rebound Last year, India ... countries worldwide that palm oil products adhere to sustainability ...
Business Sep 28, 2023 | 11:17 pm

CPO Producers Indonesia and Malaysia in Talks with India Amid EU Market Restrictions

... the world's largest crude palm oil (CPO) producers, Indonesia ... organization Council of Palm Oil Producing Countries (CPOPC). Recently ... CPO Prices Rebound During the Sustainable Vegetable Oil Conference ... standards for sustainable palm oil, he added. Rizal ...
Business Sep 27, 2023 | 2:35 pm

China to Import More Indonesian Palm Oil in 2024: Gapki

... nation. The Indonesian Palm Oil Association (Gapki) reported that ... tons of Indonesian palm oil imports. According to Gapki ... to the falling prices of crude palm oil (CPO). Indonesia ... produced 27.29 million tons of palm oil ...
Business Aug 21, 2023 | 8:17 pm

Indonesia’s Economic Growth Exceeds 5% for 7th Consecutive Quarter

... the decreasing prices of key commodities such as crude palm oil and mining ...
Business Aug 7, 2023 | 10:25 pm

Gov’t Reimposes Export Duty after CPO Prices Rebound

... will reimpose export duty on crude palm oil after its reference price ... 6 million tons of palm oil in the first four months ... the industry association Gapki. Palm oil export volume throughout 2022 reached ... 9 million tons. Monthly palm oil exports in April stood at ...
Business Jul 15, 2023 | 6:28 pm

Indonesia’s Palm Oil Export Down 19.2 Pct in April

... April exports were mostly processed crude palm oil (CPO), which accounted ... period last year. Palm oil export volume throughout 2022 reached ... to the also declining CPO prices, which stood at $1 ... ,” Gapki said. Domestic palm oil consumption in April totaled 1 ...
Business Jun 16, 2023 | 9:34 am

Recession Concerns Trigger Crude Oil Price Drop

Jakarta. Crude oil prices fell to $67.26 per ... ICDX RnD team added that oil prices face the risk of ... policy. "From a technical perspective, oil prices have the potential to encounter ... if they encounter negative catalysts, prices could potentially fall to the ...
Business Jun 13, 2023 | 1:44 pm

Gov't Drafts Law to Facilitate EV Charging Stations

... presence of workshops for converting oil-fueled vehicles to EVs is ... economic sector. Read More:Indonesian Crude Oil Prices to Hold Steady in 2024 ...
Business Jun 7, 2023 | 1:25 pm

Indonesian Crude Oil Prices to Hold Steady in 2024: Energy Minister

... Information Administration projected global oil prices at $69.47-88 ... to curb crude oil production to keep prices from falling ... under $80. “But on the other hand, crude oil ... so happy with high crude oil prices because they reduce the ...
Business Jun 6, 2023 | 9:38 pm

Astra Agro’s Net Profit Falls to Rp 1.73 Trillion in 2022

... shrinking sales volume of its crude palm oil (CPO) and derivatives, which ... throughout the year. The palm oil giant witnessed its fresh fruit ... though we have a palm oil export quota, our team will ... can export our products when prices in the export markets are ...
Business Apr 3, 2023 | 2:40 pm

Astra Agro Looks Back on Past CPO Export Ban’s Lasting Impact

... short-lived export ban on crude palm oil, or CPO, had created ... CPO to tame domestic cooking oil prices. This drastic measure led to ... quite supportive” of the palm oil industry – for instance, the ... have to see the fertilizer prices in the second semester, but ...
Business Feb 18, 2023 | 8:35 am

Gov't Edible Oil Brand in Great Demand but Supplies Drop Sharply

... government banned crude palm oil exports due to the cooking oil shortage ... the permit to sell crude palm oil to overseas markets at ... Past CPO Export Ban Palm Oil Prices, Production to Drop in ... Aside from Minyakita, prices of bulk cooking oil in the Tigaraksa ...
Business Feb 3, 2023 | 8:24 pm

Five High-Profile Individuals Jailed for CPO Export Scandal

... for the illegal export of crude palm oil. The sentences were far ... massively to subsidize domestic edible oil prices amid shortages. Lin was implicated ...
News Jan 5, 2023 | 1:25 pm

Palm Oil Prices, Production to Drop in 2023: Gapki

... Gapki has projected that palm oil prices would decline in 2023 ... weakening palm oil prices. "I predict the overall palm oil prices in 2023 ... the first semester. Palm oil prices topped $1,800 per ton ... 46.9 million tons were crude palm oil (CPO). The remaining 4 ...
Business Nov 5, 2022 | 8:03 am

Indonesia’s KPBN Seeks to Take Part in Making Global CPO Price

... forming the global price of crude palm oil or CPO, and also ... integral part of making CPO prices in the country. Also, ... benchmark for fresh fruit bunch prices from oil palm farmers. And the ... this collaboration is that the prices formed through KPBN Commodity ...
Special Updates Nov 3, 2022 | 11:40 pm

Government Warned against Banning Palm Oil Exports

... to halt palm oil export to cool cooking oil prices earlier this year ... of transport vessels to high prices, so that purchasing power weakened ... a decline in global palm oil prices in the past few months ... the export levy exemption on crude palm oil until the end of ...
Business Nov 3, 2022 | 1:45 pm

Gov't Raises Subsidized Fuel Prices by Up to 32%

... a long-anticipated fuel prices increase on Saturday in ... people from rising global energy prices, but it could not ... "I actually want domestic fuel prices to remain affordable by providing ... the Indonesia Crude Price (ICP), a benchmark for the oil produced ...
Business Sep 3, 2022 | 2:50 pm