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The company’s vice-chairman Tan Sri Lodin Wok Kamaruddin said whether more land deals would materialise in its FY18 ending Dec 31 would depend on whether they can secure buyers for the lands.

Last November, the managing director of British supermarket chain Iceland made a visit to the Kalimantan rainforests in Borneo. Richard Walker, whose parents founded the frozen food firm in 1970, says he wanted to see the impact of the palm oil industry at first hand.

Labour issues plaguing the Malaysian palm oil industry must be tackled with an increased level of mechanisation, urged an industry expert.

KUALA LUMPUR: Malaysia’s palm oil stockpile dropped by six per cent decline to 2.32 million tonnes last month.

KUCHING: Malaysia palm oil stocks at end-March was higher than most expected on stronger production in Sarawak.

Responding to the news that Iceland is banning palm oil from its own brand products, Dr Jake Bicknell and Dr Matthew Struebig argue that the plan could backfire. Both hail from the Durrell Institute of Conservation and Biology (DICE) within the School of Anthropology and Conservation at the University of Kent.

KUALA LUMPUR (April 11): Malaysian palm oil futures were lower in late trade on Wednesday, recording a third straight day of losses, on the back of weaker related edible oils on the U.S. Chicago Board of Trade and China's Dalian Commodity Exchange.

TEMPO.CO, Jakarta - The governments of Indonesia and Ghana have agreed to cooperate against the negative campaign on palm oil.

Maintain neutral: Inventories fell 6.2% month-on-month (m-o-m) (+49.6% year-on-year [y-o-y] in March to 2.32 million tonnes versus consensus estimates of 2.28 million tonnes. Despite seeing a strong rebound in production after dropping for four straight months, exports grew at a larger pace. Stock-to-usage ratio slipped from 13.9% to 10.9%.

Kuala Lumpur : Malaysian palm oil futures fell in early trade on Wednesday, in line for a third straight day of losses, on the back of weaker related edible oils on the U.S. Chicago Board of Trade and China´s Dalian Commodity Exchange.

Crude palm oil prices eased further 0.25 per cent to Rs 644.50 per 10 kg in futures market today as speculators engaged in reducing their positions, taking negative cues from spot market on muted demand.

PETALING JAYA: Malaysia’s crude palm oil (CPO) exports are expected to remain strong this month, following a strong performance in March, according to analysts.