Archived News
06-07-2018
Indonesian palm oil exports dropped in May –survey
JAKARTA, July 6 (Reuters) - Exports of palm oil from Indonesia, the world's top producer of the commodity used to churn out items ranging from chocolate to shampoo, fell in May from the month before, a Reuters survey showed.
06-07-2018
Counting The Carbon Cost Of Palm Oil
Every hectare of rainforest converted to oil palm plantation releases 174 tons of carbon in the form of carbon dioxide, researchers say.
06-07-2018
Better prospects seen for plantation sector in second half of 2018
Plantation sector Maintain neutral: We see better prospects for the second half of 2018 (2H18) and maintain our average crude palm oil (CPO) price assumption of RM2,500 for 2018, supported by: i) a weaker ringgit, which is supportive of palm oil prices; ii) the Indian government’s recent move to raise import duties on other soft oils, which will boost India’s demand for palm oil in the coming months; and iii) a potential re-emergence of El Nino, which will lend support to palm oil prices. We maintain our average CPO price assumption of RM2,500 per tonne for 2018 and 2019, and our “neutral†stance on the sector.
06-07-2018
M’sia sees opportunities in potential US-China trade war
PETALING JAYA: Newly-appointed International Trade and Industry Minister Darell Leiking sees opportunities for Malaysia in the event of a trade war between the US and China.
05-07-2018
Palm charts second day of losses, tracks weaker related oils
KUALA LUMPUR (July 4): Malaysian palm oil futures declined on Wednesday evening in a second straight session of losses, as the contract tracked weakness in related edible oils.
05-07-2018
Zambia set to become net exporter of palm oil in region
The Zambian government said on Wednesday that it was set to become a net exporter of palm oil in the region once its palm production projects becomes fully operational.
05-07-2018
MPOB continues to develop new palm oil tech, products
KAJANG: The Malaysian Palm Oil Board (MPOB) will not be complacent with its achievements in research and development (R&D), and will continue to engage stakeholders to obtain fresh technology and products.
05-07-2018
Malaysia palm oil stockpiles seen falling to nine-month low in June
KUALA LUMPUR (July 4): Malaysia's palm oil inventories are forecast to have dropped to a nine-month low in June as production in the world's second largest producer fell faster than exports, according to a Reuters survey
05-07-2018
Palm oil worth $ 1.888bn, soyabean $ 125.181mn imported in 11 months of FY 2017-18
ISLAMABAD: Palm oil worth US$ 1.888 billion and soyabean worth US$ 125.181 were imported into the country during 11 months of financial year closed on June 30, 2018 to fulfill the domestic requirements as compared the corresponding period of last year.
05-07-2018
Crude palm oil futures fall on profit-booking
New Delhi, Jul 4 (PTI) Crude palm oil prices fell 0.61 per cent to Rs 626.10 per 10 kg in futures trade today as speculators booked profits at higher levels amid fall in demand at the spot market.
05-07-2018
Ukraine increased soybean oil production by 27%
Overall soybean oil output in September-May 2017/18 in Ukraine remained at a record 156.7 KMT, up 26.8% year-over-year, reports UkrAgroConsult.
04-07-2018
Palm oil is decimating wildlife, forests
It Is the most widely used vegetable oil in the world and is found in some form or another in more than half of consumer products in South Africa.