Archived News
21-07-2023
Revitalising coconut farming in Southeast Asia
When Amrizal Idroes was growing up in West Sumatra in the 1970s, he remembers how nearly no one had heard of palm oil. Back then, the Indonesian island of Sumatra was heavily forested, dotted with rubber plantations, and home to tens of thousands of small-scale coconut farmers.
21-07-2023
Up palm oil output via drones: Abidin
Ranau - Palm oil smallholders need to adopt drone technology to better manage their plantations.
21-07-2023
Palm oil futures hit four-month high as Black Sea tensions escalate
Palm oil futures on Malaysia's commodity exchange closed up 3.9% at a four-month high MR4,043/mt ($888/mt) on July 20, driven by the breakdown of the Black Sea grain corridor, strong demand from key destinations and rising premiums of soybean and sunflower oils.
21-07-2023
VEGOILS-Palm oil edges up, set for fourth weekly rise on supply concerns
KUALA LUMPUR, July 21 (Reuters) - Malaysian palm oil futures ticked up on Friday, setting it on course for a fourth weekly rise on robust July exports so far and concerns over Black Sea supplies.
21-07-2023
India’s sunflower oil imports to fall
India’s imports of sunflower oil are likely to fall in the coming months as it becomes uncompetitive against rival oils due to rising prices after Russia withdrew from the Black Sea grain deal, industry officials told Reuters.
20-07-2023
Pilot project to collect used cooking oil for fuel starts
19/07/2023 (The Star Online), Putrajaya - An initiative to collect used cooking oil as a main raw material to produce sustainable aviation fuel (SAF) has started, says Deputy Prime Minister Datuk Seri Fadillah Yusof.
20-07-2023
Malaysia's palm oil sector to benefit from UK's CPTPP entry – analysts
19/07/2023 (The Star Online), Kuala Lumpur - Malaysia’s palm oil industry will be one of the sectors to benefit from the United Kingdom’s entry into the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), an analyst said.
20-07-2023
Sustainable palm oil certification to be expanded to downstream sector
18/07/2023 (Antara News), Jakarta - The Indonesia Sustainable Palm Oil (ISPO) certification will be expanded to the downstream sector, the Industry Ministry said.
20-07-2023
Indonesia sticking with domestic palm oil sale rules ahead of B35 implementation
17/07/2023 (The Business Times) - INDONESIA has no plan to change rules mandating palm oil exporters sell a portion of their output to the domestic market, a senior official said on Monday (Jul 17), as the country prepares for full nationwide implementation of its B35 programme.
20-07-2023
VEGOILS-Palm oil trades in tight range, strong July exports underpins
16/07/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures traded in a tight range on Monday, underpinned by a surge in July exports so far.
18-07-2023
Palm oil edges up as bigger July exports support
Malaysian palm oil futures ticked up on Monday after trading in a tight range, with a surge in July exports so far lifting the market.
18-07-2023
India imports 155,058 tonnes of palm oil from Malaysia in June
NEW DELHI: India imported 155,058 tonnes of palm oil from Malaysia in June.