Archived News
12-07-2018
Malaysia lowers August crude palm oil export tax to 4.5%
KUALA LUMPUR (July 11): Malaysia lowered its export tax on crude palm oil for August to 4.5%, the Malaysian Palm Oil Board said on Wednesday, citing the national customs department.
12-07-2018
Japanese traders continue to favour Malaysian palm oil, says MPOC
KUALA LUMPUR (July 11): Japanese traders continue to favour Malaysian palm oil given its reliable supply, quality and assurance of sustainability, underpinned by the Malaysian Sustainable Palm Oil (MSPO) Certification Scheme.
11-07-2018
Malaysian palm oil/Vegoils: Market factors to watch Wednesday July 11
The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday July 11.
11-07-2018
France: Palm oil sustainability still a concern for consumers
KUCHING: Palm oil will not be discriminated as a biofuel in the European Union, but the oil’s sustainability remains a key concern for its consumers and its industries.
11-07-2018
CIMB Research neutral on plantations, may gain from US-China row
KUALA LUMPUR: CIMB Equities Research is retaining its neutral outlook on the plantations sector while it expects palm oil to benefit indirectly from the US-China trade row.
11-07-2018
Need for multi-stakeholder approach to address child labour
The Human Rights Commission of Malaysia (Suhakam) and global non-profit The Forest Trust (TFT) emphasise that effective collaboration is required from all stakeholders to formulate practical solutions concerning children in plantations in Sabah.
11-07-2018
Rising stockpile to keep CPO prices under pressure
PETALING JAYA: Crude palm oil (CPO) prices are expected to stay under pressure, given the rising stockpile and weaker export outlook on the back of a stronger ringgit against the US dollar situation, say analysts.
11-07-2018
Malaysian palm oil price hits 2-year low on weaker Dalian oils, stronger ringgit
KUALA LUMPUR: Malaysian palm oil futures fell more than 1 percent to a two-year low on Tuesday, hurt by weaker oils on China's Dalian Commodity Exchange and a firmer ringgit
11-07-2018
Crude palm oil futures fall 0.55% on profit-booking
New Delhi, Jul 10 (PTI) Crude palm oil prices fell by 0.55 per cent to Rs 628.80 per 10 kg in futures trade today as speculators booked profits at prevailing higher levels amid fall in demand at the spot market.
11-07-2018
Can the palm oil sector do more with less to save Indonesia’s forests?
A ban on the expansion of Indonesia’s palm oil sector has yet to take effect. What’s the hold-up, and what can the sector do to improve productivity to safeguard the region’s precious rainforests?
11-07-2018
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
10-07-2018
Palm oil firms using ‘shadow companies’ to hide their links to deforestation: report
Major agribusiness firms are using opaque corporate structures to gain access to palm oil sourced from plantations operating in violation of their sustainability commitments, according to an investigation into the practice by a leading research group.