India henti import minyak sawit Malaysia

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Ms Senorita

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Jawatankuasa khas urus cukai durian runtuh sawit



KUALA LUMPUR: Jawatankuasa khas akan ditubuhkan bagi menguruskan akaun amanah cukai durian runtuh atau keuntungan luar biasa susulan kenaikan tinggi harga minyak sawit mentah (MSM).

Menteri Industri Utama, Teresa Kok, berkata cadangan akaun amanah itu diunjurkan mempunyai RM200 juta kutipan daripada cukai durian runtuh MSM itu.

Beliau berkata, sekurang-kurangnya separuh daripada jumlah itu dikhususkan untuk dana kestabilan biodiesel kebangsaan.

"Kami mendapat kelulusan daripada Kementerian Kewangan yang bersetuju membenarkan Kementerian Industri Utama untuk menguruskan semua kutipan cukai durian runtuh (MSM).

"Kami bersedia untuk memberi balik kepada industri dan mengembangkan industri," katanya pada Seminar Tinjauan dan Kajian Semula Ekonomi Minyak Sawit 2020 di sini, hari ini.

Mengulas lanjut mengenai jawatankuasa khas itu, Kok berkata, peserta industri akan dijemput untuk menyertai jawatankuasa berkenaan.

Beliau berkata, pihaknya akan menjemput wakil Kementerian Kewangan menjadi anggota jawatankuasa itu bagi membolehkan pengurusan dana lebih telus dan berbincang bagaimana untuk memberi balik kepada industri.

Berkuatkuasa 1 Januari 2020, cukai keuntungan luar biasa sebanyak tiga peratus bagi setiap tan akan dikenakan kepada penanam sawit di Semenanjung jika harga melebihi RM2,500 satu tan.

Bagi penanam di Sabah dan Sarawak dikenakan sebanyak 1.5 peratus jika harga melepasi RM3,000 satu tan.

Cukai itu akan digunakan antara lainnya bagi membiayai dana penstabilan biodiesel dan juga menjalankan lebih banyak promosi untuk membantu pekebun kecil.

Kerajaan Persekutuan memperkenalkan cukai 'durian runtuh' ke atas minyak sawit pada 1 Julai 2008 bagi menggantikan Skim Penstabilan Minyak Masak (COSS) yang dimulakan oleh Lembaga Minyak Sawit Malaysia (MPOB).

Sumber : bharian
 
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Ms Senorita

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Malaysia open to Davos talks with India amid palm oil spat


Malaysia’s trade minister is open to meeting his Indian counterpart at the World Economic Forum gathering this week. -REUTERS

KUALA LUMPUR: Malaysia’s trade minister is open to meeting his Indian counterpart at the World Economic Forum gathering this week, his ministry said on Monday, after New Delhi said no such encounter was possible amid a spat over palm oil supplies.

It was the second time in the last four days Malaysia expressed the possibility of such a meeting in Davos, during a standoff between a major supplier and buyer of palm oil caused by Malaysia’s criticism of Indian policies.

Malaysia’s Ministry of International Trade and Industry (MITI) reiterated that India’s trade ministry first sent a request on Dec 24 - before India placed curbs on imports of refined palm oil - for a bilateral meeting between the two ministers in Davos.

“In the spirit of economic partnership between our two nations, Malaysia has made every effort to accommodate the official request by India, but due to the busy schedule of both ministers, a mutually agreeable time has not been reached at the time of this statement,” MITI said.

“In the absence of a formal meeting, it is common for interested parties to meet informally and exchange views on the sidelines.”

It said MITI minister Darell Leiking “has expressed his openness to such discussion” with his Indian counterpart Piyush Goyal, mainly regarding India’s participation in the trade bloc Regional Comprehensive Economic Partnership.

An Indian trade ministry official, speaking on behalf of the ministry, told Reuters on Sunday that Goyal would not meet Leiking in Davos because of his tight schedule. No other meeting was scheduled between them, he said.

Hindu-majority India has been agitated by Malaysian Prime Minister Tun Dr Mahathir Mohamad last month speaking out against a new citizenship law which critics say discriminate against Muslims. Dr Mahathir had angered New Delhi last year too when he accused India of invading and occupying Kashmir, a Muslim-majority disputed region also claimed by Pakistan.

Malaysia, a Muslim-majority nation, is the second biggest producer and exporter of palm oil and India’s restrictions on the refined variety of the commodity imposed on Jan 8 have been seen as a retaliation for Dr Mahathir’s words.

Mahathir, the world’s oldest premier at 94, told a small group of reporters including from Reuters on Monday that India’s new citizenship law was “grossly unfair.”

But he said his nation of 32 million people was too small to take retaliatory action against India following its palm curbs.

Since the restrictions, thousands of tonnes of refined palm oil have been delayed or got stuck at various Indian ports, multiple sources told Reuters. - Reuters
 

Ms Senorita

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Palm oil slides on worries over demand from top buyers


After three months of sharp gains, palm oil prices have declined 11.5% so far in January, mainly after New Delhi slapped curbs on imports of refined palm oil and informally asked traders to halt all palm imports from Malaysia due to a diplomatic row.

JAKARTA: Malaysian palm oil futures fell as much as 7% on Tuesday, their most in over seven years, as a fast-spreading coronavirus in China raised fears over demand already hit by a diplomatic spat with India.

The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange hit its lowest level since Nov. 28,2019 at 2,660 ringgit per tonne before settling down 5.7% at RM2,699 ($663.96) by the midday break.

"It is because of the virus (that) all commodities are down," a Kuala Lumpur-based trader told Reuters.

China's death toll from the virus has risen to 106 from 81 the day before while the number of total confirmed cases surged to 4,515, as of Jan. 27, from 2,835 a day earlier.

After three months of sharp gains, palm oil prices have declined 11.5% so far in January, mainly after New Delhi slapped curbs on imports of refined palm oil and informally asked traders to halt all palm imports from Malaysia due to a diplomatic row.

India's monthly palm oil imports from Malaysia could fall to the lowest level in nearly nine years in January, traders and refiners told Reuters.

Further weighing on palm oil prices was soyoil's overnight movement on the Chicago Board of Trade, which hit a six-week low. It last traded 1.1% lower.

Palm oil is generally affected by price movements in related oils as its competes for a share in the global vegetable oil market.

Meanwhile, the ringgit fell 0.4% against the dollar, making palm oil cheaper for holders of foreign currencies. - Reuters

Sumber : The Star
 

TT

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Najib Razak
19 hrs ·

Sebelum kita mula gaduh bulan Ogos lalu, India import 550,000 tan sawit dari Malaysia.

Selepas gaduh, India kurangkan import dari Malaysia setiap bulan sehigga turun ke 138,00 tan Disember lalu.

Bulan Januari ini, eksport sawit Malaysia ke India dijangka turun ke 70,000 tan sahaja - iaitu paras paling rendah sejak 9 tahun yang lalu.

Dan dijangka turun lagi ke kurang dari 10,000 tan untuk bulan Februari depan kerana Malaysia masih belum menerima apa-apa tempahan dalam bulan Januari ini.

Ini bermakna eksport sawit Malaysia ke India tentu akan jatuh ke paras paling rendah dalam sejarah bulan depan.

Sementara itu, eksport sawit Indonesia ke India meningkat ke 550,000 tan bulan Janurai ini (berbanding 70,000 tan dari Malaysia).

Jumlah eksport sawit Indonesia bukan sahaja jauh meningkat malah pengeluar sawit Indonesia juga berpeluang untuk mengenakan caj premium sekitar US$25 (RM103) setiap tan ke atas harga pasaran ke atas pembeli India.

Mengambil kira kenaikan jumlah eksport dan caj premium, Indonesia yang juga negara yang paling ramai orang beragama Islam dalam dunia, kini mendapat manfaat pendapatan tambaan sekitar RM1.5 bilion setiap bulan dari Malaysia.

 

kopirait

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kesian ahso jadi promoter takde sale.
kalau kerja dekat the store dah kena buang dah.
 

odin_kaa

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Najib Razak
19 hrs ·

Sebelum kita mula gaduh bulan Ogos lalu, India import 550,000 tan sawit dari Malaysia.

Selepas gaduh, India kurangkan import dari Malaysia setiap bulan sehigga turun ke 138,00 tan Disember lalu.

Bulan Januari ini, eksport sawit Malaysia ke India dijangka turun ke 70,000 tan sahaja - iaitu paras paling rendah sejak 9 tahun yang lalu.

Dan dijangka turun lagi ke kurang dari 10,000 tan untuk bulan Februari depan kerana Malaysia masih belum menerima apa-apa tempahan dalam bulan Januari ini.

Ini bermakna eksport sawit Malaysia ke India tentu akan jatuh ke paras paling rendah dalam sejarah bulan depan.

Sementara itu, eksport sawit Indonesia ke India meningkat ke 550,000 tan bulan Janurai ini (berbanding 70,000 tan dari Malaysia).

Jumlah eksport sawit Indonesia bukan sahaja jauh meningkat malah pengeluar sawit Indonesia juga berpeluang untuk mengenakan caj premium sekitar US$25 (RM103) setiap tan ke atas harga pasaran ke atas pembeli India.

Mengambil kira kenaikan jumlah eksport dan caj premium, Indonesia yang juga negara yang paling ramai orang beragama Islam dalam dunia, kini mendapat manfaat pendapatan tambaan sekitar RM1.5 bilion setiap bulan dari Malaysia.

Harga bila kita terlebih bersuara di peringkat antarabangsa ... bila kita dah kena boikot, memang jiran serumpun kita la yang untung
 

Mata_Pena

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dalam kene boikot dengan india..
sebelum ni buah sawit 1 tan dapat RM200+ je

lepas kene boikot 1 tan dapat RM500+

rezki pemberian Allah.

Jangan peduli negara india tu. human human right violator.
Negara ada nuklear, tapi jamban xde, biar rakyat berak merata2.

Pertahankan Zakir Naik.
Islam for all
 
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Ms Senorita

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FGV says blow to China, India sales is ‘temporary’



KUALA LUMPUR (Feb 10): The double-whammy to palm oil demand from a trade spat with India and the coronavirus in China is likely to prove only temporary, according to FGV Holdings Bhd, one of the world’s largest producers.

That’s because supplies are low this quarter, and food and fuel demand is set to stay robust over the long term, according to Chief Executive Officer Datuk Haris Fadzilah Hassan. India and China are the two biggest importers of palm, the world’s most consumed cooking oil.

“January to March will see low production, and it coincides with a period when the demand is stressed due to Wuhan and India,” Haris said in his first foreign media interview from the company’s headquarters in Kuala Lumpur. Demand will “correct itself” and prop up prices, he said.

A blistering price rally was shattered last month by the outbreak of the coronavirus and a deepening trade spat with India. People in China are staying at home and avoiding restaurants and hotels, curbing demand, while India is restricting imports of refined oil, which is hurting Malaysia amid political tensions. Still, after their steepest monthly loss in seven years in January, prices rebounded this week on the back of a supply squeeze in Malaysia.

While orders from India have dropped by about 10% to 15% for February and March, FGV will look to replace that shortfall with shipments to other markets such as Pakistan, Haris said, without specifying a comparative period for the decline. The exporter has minimal exposure to China as it doesn’t have long-term contracts with buyers there, he said.

“We’re not too worried; it’s a temporary setback for our country,” said Haris, who took the helm at FGV in January 2019. “In the whole scheme of things, we’ll have demand and supply that’ll move once these issues are managed.”

Spot prices of crude palm oil may trade in the range of RM2,500 to RM2,575 a ton in the next three months, and from RM2,500 to RM2,700 in the long term, Haris said. Palm needs to be “in an equilibrium” where it’s still attractive to use in food and fuel versus alternatives, he said.

Malaysian February spot prices were trading at RM2,876 a ton on Feb 7, according to the Malaysian Palm Oil Board. Benchmark futures posted their best week since 2016, with an advance of almost 8%.


Syed Mokhtar
FGV expects to conclude the sale of its 50% stake in loss-making Trurich Resources Sdn Bhd, which houses plantation assets in Indonesia worth RM1 billion (US$242 million), by the first quarter of this year, said Haris. Malaysia’s pilgrim fund Lembaga Tabung Haji owns the rest of Trurich, which controls 42,000 hectares of oil palm estates in Kalimantan, Indonesia.

Trurich’s board is negotiating with the final two potential buyers, Haris said. The sale became more protracted than anticipated partly because valuations had to be adjusted after the sudden surge in palm oil prices, he said.

After a leadership tussle and graft scandal in 2017, FGV’s new management is pushing ahead with a transformation plan that includes selling off non-performing assets, cutting costs and boosting productivity at palm operations. The shares jumped in December on speculation tycoon Tan Sri Syed Mokhtar Albukhary bid for a stake. Haris said FGV had not received a formal proposal.


Sumber : the edge markets
 

TT

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Najib Razak
14 hrs ·

Teresa Kok tahu ini tak?

Petang tadi, kerajaan mengumumkan data bulan Januari 2020 untuk industri sawit Malaysia.

Jumlah pengeluaran minyak sawit Malaysia (Jatuh 33%):
- Jan 2020: 1.165 juta tan
- Jan 2019: 1.738 juta tan

Jumlah eksport produk sawit Malaysia (Jatuh 19%):
- Jan 2020: 1.961 juta tan
- Jan 2019: 2.410 juta tan

Jumlah eksport produk sawit dari Malaysia ke India, iaitu negara pengimport sawit terbesar dalam dunia:
- Jan 2020: 46,876 tan
(Jatuh 91% dari 550,000 tan sebulan sejak boikot bermula)

Jumlah eksport produk sawit dari Malaysia ke China, iaitu negara pengimport sawit kedua terbesar dalam dunia:
- Jan 2020: 176,771 tan (Jatuh 45%)
- Jan 2019: 319,385 tan

 
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