Archived News
26-01-2018
Facing the EU palm oil policy: The Jakarta Post
JAKARTA (THE JAKARTA POST/ASIA NEWS NETWORK) - Indonesia, the world's largest palm oil producer, should understandably be outraged by the European Parliament's approval last week of the draft measures to ban the use of palm oil in biofuels in 2021.
26-01-2018
Malaysian smallholders accuse EU of discrimination on palm oil ban
The proposed European Union ban on palm oil will threaten the livelihood of thousands of smallholder farmers in Malaysia. The EU is Malaysia’s biggest export destination for palm oil and biodiesel
26-01-2018
Unilever strikes Indonesia deal to firm up sustainable palm oil production
Consumer goods giant partners with Indonesian plantation firm PT Perkebunan Nusantara (PTPN) to accelerate zero deforestation standard palm oil production in the country
26-01-2018
Palm drops more than 1% on stronger ringgit
KUALA LUMPUR (Jan 25): Malaysian palm oil futures fell by more than 1% in evening trade on Thursday as a stronger ringgit helped to halt a three-session run of gains.
26-01-2018
Sarawak Oil Palms’ FFB output supported by industry recovery
KUCHING: Sarawak Oil Palms Bhd’s (Sarawak Oil Palms) financial year 2017 to 2018 estimate (FY17 to FY18E) fresh fruit bunch (FFB) output has been projected to grow 36 and seven per cent, respectively.
25-01-2018
Malaysian palm oil/Vegoils: Market factors to watch Thursday Jan 25
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday Jan 25..
25-01-2018
Malaysian palm oil price hits 1-week top in 3rd straight day of gains
KUALA LUMPUR: Malaysian palm oil futures over 1 percent in their second half of trading on, charting a third consecutive session of gains, asbullish sentiment on declining production lifted the market.
25-01-2018
Palm oil may gain more to 2,555 ringgit
SINGAPORE (Jan 25): The palm oil third-month contract may gain more to 2,555 ringgit, as it has pierced above a resistance at 2,519 ringgit per tonne.
25-01-2018
PepsiCo cuts ties with palm oil supplier over labor abuse claims
KUALA LUMPUR (Thomson Reuters Foundation) - Food and beverage giant PepsiCo has suspended procurement from a palm oil supplier over claims of labor abuses on its Indonesian plantations, a move hailed by campaigners on Wednesday.
25-01-2018
Crude palm oil futures up 0.14% on demand pick-up
Crude palm oil prices were rose 0.14 per cent to Rs 565.50 per 10 kg in futures trade today as participants built up fresh bets, driven by pick-up in demand in the spot market.
25-01-2018
Palm oil rebounds
KUALA LUMPUR: Malaysian palm oil futures rose more than 1 per cent in afternoon trade on Tuesday, rebounding from a sharp decline earlier in the session, lifted by bullish sentiment on falling production.
25-01-2018
Groundnut oil slips on reduced offtake
New Delhi, Jan 24 Groundnut oil prices fell by Rs 200 per quintal at the wholesale oils and oilseeds market today due to reduced offtake by stockists.