Archived News
08-06-2018
Palm oil losses deepen for fourth session, hits 1-month low
NEW DELHI (June 7): Malaysian palm oil futures extended losses for a fourth consecutive session on Thursday, hitting their lowest in one month on continued concerns about a weak demand outlook, while declines in Chicago soybeans also weighed on the market.
08-06-2018
Palm oil falls
KUALA LUMPUR: Malaysian palm oil futures extended losses for a fourth consecutive session on Thursday, hitting their lowest in one month on continued concerns about a weak demand outlook, while declines in Chicago soybeans also weighed on the market.
08-06-2018
Fruits instead of palm oil for Sabah agriculture – Junz
KOTA KINABALU: Sabah is looking to replace its palm oil with fruit crops, said Agriculture and Food Industry minister Junz Wong.
08-06-2018
Palm oil sector to be worst hit by raised minimum wage, says CIMB Research
CIMB Investment Bank Bhd Research is expecting companies in the palm oil sector to be hit the worst by the government's plans to raise minimum wage and reduce the number of foreign workers in the country.
07-06-2018
Global palm oil prices seen bullish after 2021 — Rabobank
KUALA LUMPUR (June 6): Global palm oil prices could enter a bullish phase starting 2021, owing to a projected production decrease in Indonesia and Malaysia over the period 2022 to 2025, on the back of land moratorium and slow replanting activities, according to the latest analysis of Rabobank Group.
07-06-2018
Vegoils: Palm oil edges up on gains in U.S. soybean, India duty hike
NEW DELHI (Reuters) - Higher benchmark soybean prices in Chicago and India’s plans to raise the import tax on soft oils pushed up Malaysian palm oil futures on Wednesday, a day after they hit their lowest in nearly a month.
07-06-2018
Time is running out for palm oil certification (commentary)
This commentary is a response to “Palm oil certification? No silver bullet, but essential for sustainability,†an op-ed Mongabay published on May 25, 2018.
07-06-2018
Palm oil: Cargill highlights action plan for a sustainable supply chain
06 Jun 2018 --- Cargill claims to be on a mission to be “the leader in nourishing the world in a safe, responsible and sustainable way.†One primary focus is its work across complex global supply chains, a crucial component on how the global corporation serves its customers and keeps food systems strong. The company’s goal is to build a 100 percent transparent, traceable and sustainable palm oil supply chain by 2020 and it’s making substantial progress to deliver on its commitments.
07-06-2018
Why palm oil is better
A traditional medical practitioner, who is also a monk/priest at St. Benedictine of the Catholic Church in Edo State, Revd Father Anselm Adodo, answers the following two questions.
07-06-2018
Palm oil still targets RM2,364
SINGAPORE (June 7): Palm oil still targets RM2,364, as it has broken a support at RM2,408 per tonne.
07-06-2018
Indonesian farmers pay the price for politics in palm oil
Activists have warned of a worrying number of farmers in Indonesia’s Central Sulawesi province being driven off their land by palm oil companies, often with the support of the local police and officials.
07-06-2018
Stop sacrificing our pygmies for palm oil
LETTER | Sahabat Alam Malaysia (SAM) is shocked to learn of the death of six more pygmy elephants, deaths which have been happening ad nauseam for several years now.