Archived News

Fronds, trunks, empty fruit bunches (EFB), palm kernel shell (PKS), palm mesocarp fibre, palm kernel cake (PKC) and palm oil mill effluent (POME) are biomass from palm oil production that most Malaysians are unfamiliar with.

The Agriculture and Agro-based Industry Ministry has given an assurance that Malaysia will not be affected if the government decides to boycott food and agricultural products from the European Union.

Consumer goods giant Unilever and state-owned palm oil plantation Perkebunan Nusantara, or PTPN, have signed an agreement with palm oil factories and farmers in Indonesia to accelerate sustainable palm oil production under the principle of "no deforestation, no peat and no exploitation."

Prices of mustard and soyabean oils firmed up by Rs 50 per quintal at the wholesale oils and oilseeds market today on fresh buying by vanaspati millers.

The Malaysian Investment Development Authority (MIDA) is confident that the upcoming Sweden-Southeast Asia Business Summit will further boost foreign direct investments (FDIs) from the European country into Malaysia.

Shares in REA Holdings slumped by nearly 8% after the palm oil-to-quarrying group revealed it had missed, by a distance, its target for 2017 plantings that it had already reduced, blaming weather setbacks.

Jakarta. Indonesia has reduced deforestation within its borders by 21.2 percent over the past two years due to improved forest management, the Ministry of Environment and Forestry said in a statement on Monday (29/01).

Today, the Swiss Federal Food Safety and Veterinary Office (FSVO) warned that the colouring substance Scarlet Red (Sudan IV) had been discovered in palm oil.

rude palm oil prices rose by 0.36 per cent at Rs 572.50 per 10 kg in futures trade today as traders created fresh positions, supported by pick-up in demand at the spot market amid firm global cues.

As per the latest update from Indonesian palm oil association, shipments of crude palm oil (CPO) from Indonesia to overseas rose significantly last year as demand from foreign nations edged up.

Chin Teck Plantations Bhd expects palm oil prices to remain reasonably strong in the current year ending August 2018 on prospects of firm global demand, particularly from the world’s most populated nations; India and China.

Malaysia can count on France for support on the issue of European Union (EU) resolutions to ban palm oil biofuels by 2020.