Archived News

KUALA LUMPUR: Malaysia’s Small Palm Oil Famers have combined forces to condemn Europe’s effort to ban palm oil biofuels.

Palm oil, a leading driver of tropical deforestation, may be also wreaking enormous damage on forests well outside established plantation areas, a new study has found.

A new study led by Nanyang Technological University, Singapore (NTU Singapore) has warned of the threat that oil palm production poses to tropical forests.

GENTLEMEN of the press, it’s my pleasure to welcome you to this joint press conference of the major palm oil producing associations in Nigeria. I believe we all have read and followed the recent screaming and damning newspaper reports of rising wave of palm oil imports in the country, reminiscent of the situation in 2013. We also have found it disturbing that detractors are at work again seeking to destabilize the enduring palm oil policy environment and upturn the gains that the Nigerian palm oil industry has recorded in the last 5-10 years.

The growth of oil palm plantations in Southeast Asia is responsible for the clearing of thousands of acres of forest. But new research suggests the threat of oil palm plantations extends beyond habitat destruction

ROTTERDAM: Palm oil on the European vegetable oils market eased on Thursday as Malaysian palm oil futures dropped on concerns over growing stockpiles and weak demand. “It looks like Malaysian palm oil production is going to outpace exports again in December, leading to a further increase in already huge stocks,” one broker said.

The project aims to raise awareness of alternate fuels for the industry.

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday Dec 21.

KUALA LUMPUR: Malaysian palm oil futures fell on Wednesday evening, easing from gains made earlier in the day, as it fell on a stronger ringgit, its currency of trade.

IT’S a fact. The livelihood of 3.2 million small farmers in Malaysia will be severely impacted by the European Union’s (EU) latest action to ban palm oil biofuels from its Renewable Energy Directive (RED) programme by 2020.

ROTTERDAM: Palm oil on the European vegetable oils market eased on Wednesday, tracking losses in Malaysian palm oil futures on the back of a stronger ringgit and technical selling.

Melbourne : Malaysian palm oil futures edged up in early trade on Wednesday, as expectations of lower production in December and easing weakness in export demand supported the market.