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PETALING JAYA: Rising palm oil output at TSH Resources Bhd image: https://cdn.thestar.com.my/Themes/img/chart.png helped the company mitigate the impact of lower average crude palm oil (CPO) prices during the second quarter ended June 30.

PETALING JAYA: Sime Darby Plantation Bhd’s wholly owned unit, New Britain Palm Oil Ltd (NBPOL), has acquired two oil palm estates in Markham Valley, Papua New Guinea, for US$52.6mil (RM215.6mil).

The US-China trade war has sparked fears of a global recession but Prime Minister Dr Mahathir Mohamad believes that there could also be opportunities for Malaysia.

Rapeseed crushing declined to a five-year low by the end of MY 2017/18. So, 0.004 KMT of rapeseed oil was produced in Ukraine in June 2018, i.e. 95.6% less than in the previous month and 97.2% less than in June 2017.

Chicago — Net export sales for 2018-2019 US crop soybeans totaled 1,148,644 MT in the week ended August 16, up 100.97% from the previous week, data from US Department of Agriculture showed Thursday.

KUALA LUMPUR: The global watchdog for the palm oil industry must strengthen its standards to require all members to commit to ending deforestation - or risk becoming irrelevant, an increasing number of growers, investors and green experts say.

KUALA LUMPUR: Declining palm product prices and lower production resulted in a RM22.24mil net loss for Boustead Plantations Bhd image: https://cdn.thestar.com.my/Themes/img/chart.png in Q2 ended June 20,2018, compared to a net profit of RM10.78 mil in the previous corresponding quarter.

BEIJING: Sime Darby Plantation Bhd (SDP) is looking forward to positive results from its collaboration with China-based COFCO Group Co Ltd (COFCO) on a number of new palm oil-related ventures.

SINGAPORE (Aug 23): Palm oil may test a support at RM2,224 per tonne, a break below which could cause a loss to the next support at RM2,192.

KUALA LUMPUR (Aug 23): Malaysian palm oil futures fell to their lowest in a week in early trade on Thursday, in line for a second consecutive day of losses, weighed by weaker related edible oils and concerns of rising output.

Indonesia, the world’s top producer of palm oil, wants the U.S. and France to use it to fuel their airplanes — and may be willing to play hardball in order to achieve its aim.

More than 90 institutional investors representing over $6.7 trillion in assets under management have written to the Roundtable on Sustainable Palm Oil (RSPO) calling on it to strengthen its green certification standards for palm oil production.