Archived News
07-09-2018
Malaysian palm oil price slides on bearish forecasts, weaker related oils
KUALA LUMPUR: Malaysian palm oil futures fell for a second straight session on Thursday in its sharpest daily decline in a week on bearish production and inventory forecasts for August, while weakness in related edible oils also weighed.
07-09-2018
Malaysian palm oil/Vegoils: Market factors to watch Friday Sept 7
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday Sept 7.
07-09-2018
Indonesia’s Palm Oil Curse
101 East exposes how companies and the government are turning a blind eye to the human cost of palm oil production.
07-09-2018
Govt undertakes promotion to address negative perception on palm oil
KUALA LUMPUR: The Primary Industries Ministry has allocated an additional RM23 million provision from the Finance Ministry to carry out promotions on the negative perception concerning the country's palm oil commodity in Europe.
07-09-2018
Niosh willing to help palm oil operators to obtain MSPO
KOTA KINABALU: The National Institute of Occupational Safety and Health (Niosh) is ever ready to assist palm oil plantation and mill operators to obtain Malaysian Sustainable Palm Oil (MSPO) certification.
07-09-2018
The good oil on palm oil
The world’s first Palm Oil Free Certification Trademark and Certification Program (POFCAP) has assessed the first vegetable oils applying to use the trademark - and these are from Australian company,
MSM Milling.
07-09-2018
Crude palm oil futures gain 0.46%
New Delhi, Sep 6 Crude palm oil prices went up by 0.46 per cent to Rs 608.90 per 10 kg in futures trade today as speculators widened their positions amid firm demand at the spot market.
07-09-2018
Argentina’s Export Tax to Drive Corn Acres Lower
Argentina has suffered a currency crisis since the beginning of the year, and the Argentinian peso devalued over 100% against the U.S. dollar since then.
06-09-2018
Gov't minimum wage hike to have little impact on plantation sector
KUALA LUMPUR: The government's announcement of a new minimum wage of RM1,050 a month effective January 2019 is negligible to the plantation sector as most player have already adopted a higher minimum wage level.
06-09-2018
Indonesia raises import taxes on 1,000-plus goods to support rupiah
JAKARTA: Indonesia will raise import taxes on more than 1,000 goods ranging from cosmetics to cars, as part of measures aimed at cutting imports and supporting a weak rupiah, the finance minister said on Wednesday.
06-09-2018
Malaysian palm oil price slips on higher inventory outlook, weaker crude oil
KUALA LUMPUR: Malaysian palm oil futures fell on Wednesday evening, snapping three previous days of gains, on forecasts of rising inventory levels, weaker crude oil prices and a market correction
06-09-2018
European vegoils-Palm oil eases on weak ringgit, growing stocks outlook
ROTTERDAM: Palm oil on the European vegetable oils market mostly eased on Wednesday, pressured by a softer ringgit and expectations of growing Malaysian palm oil stocks in August, plus lower energy markets.