Archived News
28-11-2017
Wilmar first palm oil company to link bank loan to sustainability performance
Wilmar International has become the first company in Asia as well as in the palm oil industry to take a loan with interest rate pegged to its sustainability efforts.
28-11-2017
Palm drops to 1-week low on weaker related edible oils
Malaysian palm oil futures fell to their lowest in a week during early trade on Monday, tracking softer edible oils on the Chicago Board of Trade and China's Dalian Commodity Exchange.
28-11-2017
Greenpeace slams Indonesia palm oil industry on deforestation
`Greenpeace slammed Indonesia's palm oil industry Monday for failing to live up to a pledge to halt deforestation, as the lucrative sector faces possible restrictions in Europe over environmental concerns.
28-11-2017
KLM slammed over inflight magazine for ‘campaign’ against palm oil
An industry association has called on Netherlands-based KLM Royal Dutch Airlines to remove a statement in its inflight magazine that requires its suppliers to "avoid using palm oil in their products."
28-11-2017
Indonesia replants oil palm trees on 9,109-ha land in N Sumatra
The government is planting oil palm trees to replace old ones on 9,109.29 hectares of plantations owned by local growers in North Sumatra to help increase the productivity of the plantations.
27-11-2017
Malaysian palm oil/Vegoils: Market factors to watch Monday Nov 27
The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday Nov 27.
27-11-2017
Malaysia to block unfair EU resolutions on palm oil
Malaysia is currently hot on its heels to block the discriminatory European Union (EU) resolutions on palm oil prior to its full enforcement.
27-11-2017
Agri-commodity: Cardamom, crude palm oil down on sluggish demand
Cardamom prices fell 2.81 per cent to Rs 1,009 per kg in futures trade today as speculators reduced positions amid low demand.
27-11-2017
Sustainable oil palm central to Sri Lanka’s plantation industry success
Collectively the global palm oil market’s value is projected to expand continually from US$ 65.7 billion up to US$ 92.8 billion by the year 2021.
27-11-2017
MPOB’s cancellation of earlier decision a relief to DOPPA
Dayak Oil Palm Planters Association (DOPPA) is relieved that Malaysian Palm Oil Board (MPOB) has issued a circular to cancel its’ earlier decision to freeze the renewal and issuance of license to smallholders without land title.
27-11-2017
Malaysian palm oil price higher on stronger crude and ringgit
Malaysian palm oil futures rose on Friday evening, marking a second session of gains in five, buoyed by stronger crude oil prices and a weaker ringgit.
27-11-2017
"Borneo Atlas" To Help Palm Oil Buyers Check On Forest Damage
Researchers have created for the first time a detailed map that will help buyers and consumers of palm oil work out whether the supply chain is harming forests on the Southeast Asian island of Borneo.