Archived News

KUALA LUMPUR: FGV Holdings Bhd today posted its second consecutive quarterly loss, dragged by declining crude palm oil prices and impairment charges.

Top exporter Indonesia said on Monday it will temporarily remove a levy on palm oil after a sharp drop in prices which has hit farmers. Indonesia collects levies from palm exporters to help finance the development of its palm-based biodiesel programme, as well as funding other palm oil agenda, such as replanting.

KUALA LUMPUR: The Federal Government is seeking the cooperation of state governments to curb overlogging.

Jakarta (ANTARA News) - An economic observer said the black campaigns against palm oil has to be stopped to prevent it from hurting the country`s trade balance and investment sector.

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday No 28.

JAKARTA: An Indonesian government decision to lower the levy on crude palm oil (CPO) exports to zero would remove incentives for local refiners, a palm industry refiner body said on Tuesday.

KUALA LUMPUR: The fall in the Malaysian crude palm oil futures prices – its biggest in more than 21 months – is alarming, but the government will undertake all efforts to handle the issue, says Deputy Primary Industries Minister Datuk Seri Shamsul Iskandar Mohd Akin.

PETALING JAYA: The Malaysian Palm Oil Association (MPOA) strongly condemned the “Rang-tan” videoclip by Iceland-Greenpeace which told the story of an orang utan that was forced from the forest to make way for palm oil production.

JAKARTA (Nov 27): Malaysian palm oil futures fell to a fresh 39-month low on Tuesday before reversing course to close the first-half session with marginal gains.

RAHMAT Jemeran, 60, cultivates oil palm trees on a 3ha smallholding in Batu Pahat, Johor, in compliance with the Roundtable on Sustainable Palm Oil (RSPO) standards. He tells The Edge that he has to work two jobs in order to support himself and his family.

JAKARTA (Nov 27): An Indonesian government decision to lower the levy on crude palm oil (CPO) exports to zero would remove incentives for local refiners, a palm industry refiner body said on Tuesday.

SAO PAULO, Brazil (DTN) -- After March 2019, Brazilian truck drivers will start to fill their tanks with 11% diesel blends (B11) at fuel stations throughout the country thanks to a new mandatory policy to increase domestic biodiesel blending in Brazil.