Indonesia may start using B35 biodiesel from Jan 2023 -energy ministry Reuters JAKARTA, Dec 9 (Reuters) - Indonesia may start implementing a programme to use biodiesel with 35% blend of palm oil-based fuel, known as B35, from January, 2023, senior energy ministry official Dadan Kusdiana said on Friday. Currently Indonesia uses B30, containing 30% palm oil-based fuel. The overall palm oil-based fuel allocation for 2023 is estimated at around 13 million kilolitres in 2023, he said.
Indonesia's 2022 allocation was 11.03 kilolitres.
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Indonesian President Joko Widodo told his cabinet earlier this week to prepare the mechanism to implement B35 amid expectations that the crude oil price would remain high next year.
Southeast Asia's biggest country is among the region's top importers of fuel, but authorities said import bills have been slashed significantly since Indonesia started expanding the portion of palm oil in biodiesel. The energy ministry has been running trials for biodiesel containing 40% of fuel made using palm oil.
Weather is beautiful today at our Plantation. As we about to cross 2022 checker flag, one of Mabel Sarawak Plantation has given dividend payment of RM0.10 per share, and in the last 12 months, the company paid a total of RM0.30 per share. Looking at the last 12 months of distributions, Ta Ann Holdings Berhad has a approximately 7.7% on its current stock price of MYR3.90. Dividends are a one of major sources of income for us farmers.
Life is so beautiful...
Hujan Emas 5G Techs sedang berkembang Hujan Emas Banking sedang berlari lari Hujan Emas O&G sedang bergelombang Hujan Emas Sawit berbunga berseri seri
Weather is beautiful today at our Plantation. As we about to cross 2022 checker flag, one of Mabel Sarawak Plantation has given dividend payment of RM0.10 per share, and in the last 12 months, the company paid a total of RM0.30 per share. Looking at the last 12 months of distributions, Ta Ann Holdings Berhad has a approximately 7.7% on its current stock price of MYR3.90. Dividends are a one of major sources of income for us farmers.
Life is so beautiful...
Hujan Emas 5G Techs sedang berkembang Hujan Emas Banking sedang berlari lari Hujan Emas O&G sedang bergelombang Hujan Emas Sawit berbunga berseri seri
I send you all, my warm best wishes for this year and always. I’d like to wish you all happiness and success in the coming year. Happy Chinese New Year
CPO futures end higher on lower stock expectations
February 16, 2023 21:45 pm +08
KUALA LUMPUR (Feb 16): Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) ended higher on Thursday as the production pace loses momentum which may lower the stock level in the country, said a dealer.
Palm oil trader David Ng told Bernama that stronger soybean oil prices had also lifted market sentiment.
“We locate support at RM3,800 and resistance at RM4,250 a tonne,” he said.
Meanwhile, Singapore-based Palm Oil Analytics owner and co-founder Dr Sathia Varqa said CPO made solid gains of over 3% across the contract months with the new benchmark month racing to a five-week high.
“Strong bargain buying interest, firm soybean oil and palm olein on the Dalian Commodity Exchange, a weaker ringgit, and easing mid-February production outlook supported much of the rise today,” he told Bernama.
At the close, March 2023 jumped RM116 to RM4,030 per tonne, April 2023 surged RM128 to RM4,064 per tonne, May 2023 went up RM125 to RM4,069 per tonne, June 2023 soared RM122 to RM4,053 per tonne, and July 2023 rose RM118 to RM4,031 per tonne.
Meanwhile, August 2023 stood at RM4,005 per tonne.
Total volume expanded to 78,888 lots from 49,472 lots on Wednesday, while open interest leapt to 229,997contracts from 156,745 contracts previously.
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Pinky
3,435 posts
Posted by Pinky > 2022-11-30 09:34 | Report Abuse
Woohoo 10% dividend yield, results also not bad compared to many others which reported lower numbers
This is what I meant, good that TAANN got timber segment, gives u a bit diversification!