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JAKARTA: The Indonesian government says the European Union’s tariffs on the Asian nation’s biodiesel shipments are "unacceptable” and all options to counter the policy are on the table, including retaliatory actions.
BRUSSELS/PARIS/JAKARTA: The European Commission has proposed duties ranging from 8% to 18% on imports of biodiesel from Indonesia to counter what it says are unfair subsidies, the latest twist in a case that has lasted seven years
JAKARTA: Indonesia's two presidential candidates pledged on Sunday to achieve energy self-sufficiency by boosting the use of bioenergy, particularly fuelled by palm oil, to cut costly oil imports by Southeast Asia's biggest economy.
KUALA LUMPUR: Malaysian palm oil futures edged up for a second consecutive session on Tuesday, tracking strength in crude oil prices and a weaker ringgit.
BRUSSELS: European Union ambassadors agreed on Thursday to withdraw an appeal to the European Court of Justice meaning the bloc will have to accept its verdict annulling anti-dumping duties imposed on imports of biodiesel from Argentina and Indonesia.
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday July 27
KUALA LUMPUR: Malaysian palm oil rose on Wednesday after reports Indonesian state-owned energy company Pertamina had secured biodiesel supplies.
KUALA LUMPUR: Palm oil prices are set for a "year of two halves", rising over the next few months as demand overwhelms supply but slipping to as much as six-year lows later in 2015 as output climbs, analysts said at an industry conference.