Archived News
13-07-2018
Palm oil sector: The South-West region's crisis affects CDC and Pamol’s production
Since the socio-political crisis started, nearly two years ago, in Cameroon’s Anglophone regions, palm oil processing has been facing various disruptions mainly within agri-business firms such as CDC and Pamol. This was reported by the Oilseed Sector Regulatory Committee.
13-07-2018
Palm oil production adequate to produce B30 biofuel
Jakarta (ANTARA News) - The palm oil producers who are members of the Indonesian Palm Oil Business Association (Gapki) said national palm oil production is sufficient for the development of biofuels with 30 percent palm oil content or B30.
13-07-2018
Manufacturers canvass consistent policy to spur palm oil industry
Manufacturers say only a consistent government policy can revive the palm oil industry and make the sub-sector a reliable foreign exchange earner.
13-07-2018
Crude palm oil futures slide 0.50 pc on low demand
Crude palm oil prices went down by 0.50 per cent to Rs 620.60 per 10 kg in futures market today as speculators cut down positions in line with weak international prices and on muted spot demand.
13-07-2018
RSPO Launches China Sustainable Palm Oil Alliance with CFNA and WWF
NANJING, China, July 12, 2018 /PRNewswire/ -- The 2018 China Sustainable Palm Oil Supply Chain Forum & the Second RSPO China Forum was held on July 11 in Nanjing, China. The China Sustainable Palm Oil Alliance was jointly launched by the China Chamber of Commerce of Foodstuffs and Native Produce (CFNA), Roundtable for Sustainable Palm Oil (RSPO) and World Wildlife Fund (WWF) to create a platform for win-win cooperation among stakeholders in the palm oil supply chain and promote sustainable palm oil in China.
13-07-2018
Weaker CPO price performance likely in 2H18
Plantation sector Maintain neutral: Malaysian palm oil inventories were unexpectedly up for the first time in six months as a sharp decline in exports outpaced a decline in production. During the first half (1H), palm oil inventories rose 0.8% year-on-year (y-o-y) while production and exports gained 2.3% and 5.1%, respectively.
13-07-2018
China already finding replacements for U.S. soybeans amid trade row: insiders
China is capable of dealing with the gap caused by reduced purchases of U.S. soybeans amid the current trade friction and will find other sources, industry insiders said on Wednesday.
12-07-2018
Malaysian palm oil/Vegoils: Market factors to watch Thursday July 12
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday July 12
12-07-2018
  Malaysian palm oil price drops over 2% on US-China trade conflict
KUALA LUMPUR: Malaysian palm oil futures fell over 2 percent to a two-year low on Wednesday evening, tracking weakness in related oils on China's Dalian Commodity Exchange and as an escalating U.S.-China trade conflict weighed on the market.
12-07-2018
Palm oil to drop more to 2,187 ringgit
SINGAPORE (July 12): Palm oil is expected to drop more to 2,187 ringgit per tonne, as it has cleared a support at 2,212 ringgit.
12-07-2018
Nestlé suspended by RSPO for failing to pay dues, submit progress reports
Nestlé’s suspension means it can no longer use the Roundtable on Sustainable Palm Oil (RSPO) stamp certifying that its products are sustainable.
12-07-2018
Palm oil inventory expects to rise five pct to 2.30m tonnes in July
KUALA LUMPUR: Palm oil inventory stock should rise five per cent to 2.30 million tonnes with an anticipation of a supply growth of 1.69 million tonnes this month.