Archived News

With its 3,000-hectare oil palm plantation and processing plant, Norsworthy Farms has reiterated its resolve to deepen investments in Delta State and support government’s diversification plans with the sector.

Enviromental Rights Action/Friends of the Earth (FoEN) group has cautioned against the indiscriminate issuance of Roundtable on Sustainable Palm Oil (RSPO) certification. The group urged the Federal Government to check the certification to large-scale oil palm plantations owners in Edo State and across the country.

Sandakan: Wilmar International Limited (Wilmar) has developed and rolled out an online reporting tool to assess the readiness of its suppliers in Malaysia, in view of the MSPO (Malaysian Sustainable Palm Oil) national certification becoming mandatory at end of 2019.

The co-operative movement is committed to the UN’s Sustainable Development Goals – but what happens when a co-operative’s business interests are in conflict with the SDGs?

JAKARTA — Frans remembers getting up just after sunrise on a September day last year in his village of Panca Mukti, in the Indonesian province of Central Sulawesi.

SANDAKAN (June 5): Wilmar International Ltd (Wilmar) has developed an online reporting tool to help Malaysian palm oil suppliers meet the Malaysian Sustainable Palm Oil (MSPO) national certification criteria.

Colombia could up its palm oil output by some 56 percent over the next five years to 2.5 tonnes, according to a report published by Nasdaq.

Palm oil inventories in Malaysia, the world’s second-largest producer, are expected to slip to an eight-month low in May, weighed down by a decline in production, according to a Reuters poll. Malaysia’s palm oil stockpiles at end-May are forecast to fall 3.8 percent from April to 2.09 million tonnes.

KUALA LUMPUR: CIMB Equities Research estimates that Malaysian palm oil inventory may have declined 4.7% month-on-month to 2.07 million tonnes as at end-May 2018.

MUMBAI (June 4): Malaysian palm oil futures fell more than 1% on Monday as traders were expecting build up in stockpiles due to sluggish export demand.

SINGAPORE (June 5): Palm oil may break a support at RM2,408 per tonne and fall to the next support at RM2,364, as suggested by a retracement analysis.

A study by researchers at Imperial College London reports that food manufacturers are unable to state on food packaging that their palm oil products do not destroy rainforests, as the supply chain is too complex to make such claims.