Archived News
17-04-2018
Palm oil council says UK supermarket chairn Iceland misleads consumers
The Council of Palm Oil Producing Countries (CPOPC), a palm oil board led by Indonesia and Malaysia, said British supermarket chain Iceland’s decision to remove palm oil from its own-brand food products misleads consumers.
17-04-2018
India’s palm oil imports higher due to Malaysia’s duty suspension
India’s palm oil imports for the five-month period to March 2018 increased to 3.79 million tonnes from 3.55 million tonnes a year earlier, thanks to Malaysia’s export duty suspension.
17-04-2018
Weak demand drags crude palm oil futures by 0.45%
Crude palm oil prices weakened by 0.45 per cent to Rs 642 per 10 kg in futures market today as speculators reduced exposure, driven by subdued demand in the spot market against adequate stocks position.
17-04-2018
Palm declines to one-month low on slowing demand growth
Malaysian palm oil futures fell to a one-month low on Monday evening, recording a sixth straight day of losses on expectations of slowing demand growth and tracking losses in related edible oils.
16-04-2018
Malaysian palm oil/Vegoils: Market factors to watch Monday Apr 16
The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday April 16.
16-04-2018
Potential impact on earnings if CPO yields do not improve, experts say
The absence of a significant increase in palm oil yield over the past decade is worrying because earnings of plantation players could be potentially impacted as it becomes more difficult to achieve amid factors such as crude palm oil (CPO) price volatility, higher production costs, and climate change.
16-04-2018
UK supermarket Iceland pledges no palm oil in its own-brand products
The company said it will simply say no to palm oil until there is a guarantee that producing it is not causing rainforest destruction.
16-04-2018
The palm oil miracle
The age-old sayings “Health is Wealth†and “You are what you eat†have profound effects on our daily lifestyles.
16-04-2018
Malaysia to lead protest against EU’s anti-palm oil move
Malaysia has been given the honour to lead the protest among co-operatives against the European Union’s (EU) plan to ban the use of palm oil in transport fuels by 2021, said Angkatan Koperasi Kebangsaan Malaysia Bhd (ANGKASA) President, Datuk Abdul Fattah Abdullah.
16-04-2018
Time to seize the opportunity
Much of the media debate surrounding palm oil in recent months has focused on the EU Parliament’s proposed ban on palm oil biofuels, as part of the Renewable Energy Directive (RED).
16-04-2018
Small farmers not ready as Indonesia looks to impose its palm oil sustainability standard on all
The Indonesian government aims to impose its homegrown sustainability standard for palm oil on all operators, but concerns persist over the readiness of the previously exempt small-scale farmers who manage two-fifths of total plantation area nationwide.
13-04-2018
Boustead Holdings targets profit growth of 15% to 20
Previously, in FY17, Boustead registered a normalised profit of RM565mil, after removing the one-off gain of RM555mil from the sale of 678 ha.