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Finance Minister warns of commodity price pressure on foodstuff prices

Antara News - 1/19/2022 1:30:00 PM
Indonesian Finance Minister Sri Mulyani Indrawati has warned of global commodity price pressure on domestic foodstuff prices although national inflation is

Edible oil prices rise despite govt promise

The Daily Star - 1/19/2022 9:17:00 PM
Consumers have been paying increased prices to buy edible oil, the essential commodity for preparing foods, over the last couple of days even though the commerce ministry yesterday said prices would not increase in the next two weeks.

Malaysian Palm Oil Board: CPO price to average at RM3,800 a tonne in 2022 on improved production

malaymail - 1/13/2022 5:31:00 AM
The crude palm oil (CPO) price is expected to average at RM3,800 per tonne in 2022 on improved palm oil production, in line with the performance of other major vegetable oils prices amid the recovery in production and stock,

Indonesian economy appears set for strong growth as commodity prices surge

The Straits Times - 1/16/2022 8:30:00 AM
The country remains the world's largest exporter of thermal coal and crude palm oil, and is also the world's second-largest rubber exporter. . Read more at straitstimes.com.

Why Indonesia is jolting markets by curbing commodity exports

Channel NewsAsia Singapore - 1/19/2022 10:20:00 PM
Indonesia is the top exporter of coal for power stations and the biggest palm oil producer in the world. It also holds a quarter of all nickel reserves. So policy shifts in the Southeast Asian archipe

Commodities: Commodities likely to continue their hot streak in 2022

The Edge on MSN.com - 1/11/2022 7:30:00 AM
SINCE the Covid-19 pandemic broke out in late 2019, the prices of most commodities have moved north, which was evident in 2021 with the Bloomberg Commodity Index (BCOM) — which tracks 23 energy, metals and agriculture futures contracts — hitting a 10-year high of 105.

Solid commodity prices a boon for KLK

The Star - 1/16/2022 11:39:00 PM
Plantation company Kuala Lumpur Kepong Bhd (KLK) will continue to be buoyed by strong commodity prices as it focuses on consolidating its assets as well as enhance synergies and operational integration in 2022.

Indonesia sets fixed cooking oil price

VietnamPlus - 1/19/2022 12:52:00 AM
The Indonesian government began to implement a one-price policy for cooking oil starting January 19 midnight, Minister of Trade Muhammad Lutfi said.

Edible oil prices dip significantly from Rs5-20 per kg in major retail markets, Adani Wilmar and Ruchi Soya cuts prices steeply

India Infoline - 1/12/2022 10:28:00 AM
As the domestic prices are governed by the international price trends, the prices of edible oils in the country have been ruling very high for the past one year.

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