Archived News

ROTTERDAM: Palm oil on the European vegetable oils market continued to ease on Wednesday, tracking lower Malaysian palm oil futures, which dropped on concerns over growing Malaysian palm oil ending stocks.

In a new report released on Wednesday, Greenpeace is denouncing several large multinationals.

Soybeans have hit the headlines after being caught up in the China-US trade dispute. The tit-for-tat tariffs imposed by the two economic powerhouses have sent US soybean prices plunging to near 10-year lows, creating issues for producers and importers alike.

AMSTERDAM (ICIS)--The trade war between the US and China is already having side effects on the global oleochemicals market, industry sources said on Wednesday.

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday Sept 19.

PETALING JAYA: The rubber industry is expected to become the number one commodity contributor to the the country's economy as palm oil is facing difficulties in the international market, said Primary Industries Minister Teresa Kok Suh Sim.

JAKARTA: Indonesia has laid out new rules for commodities exporters to guarantee funding for shipments through Indonesian banks or branches of foreign banks in the country, the trade minister said on Tuesday, part of a bid to prop up the ailing rupiah.

KUALA LUMPUR: Malaysian palm oil futures fell more than 2 percent on Tuesday evening to a one-month low on expectations of rising production.

JAKARTA, Indonesia (AP) — Greenpeace says global consumer brands continue to buy palm oil from companies that are cutting down Indonesia's rainforests despite repeated pledges to clean up their supply chains.

Malaysia and Indonesia should work together to enhance the usage of palm oil in the global market and tackle the misunderstanding surrounding the commodity, particularly in Europe and the United States, Oil World Executive Director Thomas Mielke said.

ROTTERDAM: Palm oil on the European vegetable oils market eased on Tuesday, tracking weaker Malaysian palm oil futures that slipped on concerns about an escalating U.S-Chinese trade war and rising production.

KUALA LUMPUR, Sept 18 (Reuters) - The chief executive of Malaysia’s FGV Holdings, the world’s largest producer of crude palm oil, resigned on Tuesday following his suspension in the wake of an internal investigation.