Archived News
09-11-2017
Crude palm oil futures remain up on rising demand
New Delhi, Nov 8 Crude palm oil prices advanced by 1.24 per cent to Rs 565 per 10 kg in futures trading today after a firm trend at spot market on strong demand
09-11-2017
Import duty on several commodities slashed ahead of budget 2018
The government reduced import duties on several essential commodities from midnight yesterday, a day before the announcement of the state budget for 2018. 'It will be an eco--friendly budget considering several relief measures in it for the public. It will be presented to parliament in a positive manner, Finance Minister Mangala Samaraweera said.
09-11-2017
Global Palm Kernel Oil Market Is Share Will Increase US$14.00 Billion by 2022
Zion Market Research, the market research group announced the analysis report titled ‘Global Palm Kernel Oil Market Set for Rapid Growth, To Reach USD 14.33 Billion by 2022’
09-11-2017
We’re still dependent on edible oil imports, says expert
India is producing 7 to 8.5 million metric tonnes of edible oil annually from 28 million hectares of land. But the country is still heavily dependent on imports with last year alone, 15 million metric tonnes of edible oil imported. This imbalance is a dangerous scenario
08-11-2017
Malaysian palm oil/Vegoils: Market factors to watch Wednesday Nov 8
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday Nov 8.
08-11-2017
Malaysian palm oil price edges up on stronger overnight CBOT soyoil
KUALA LUMPUR: Malaysian palm oil futures rose slightly in evening trade on Tuesday, snapping three sessions of declines as they tracked overnight strength in Chicago Board of Trade (CBOT) soyoil.
08-11-2017
Anti-palm oil lobby threatening Livelihood of 650,000 smallholders
Between Oct 13 and Oct 21, 2017, a bi-partisan parliamentary committee comprising six MPs – led by Malaysian Palm Oil Board Chairman and Jasin MP Datuk Seri Ahmad Hamzah with Datuk Liang Teck Meng, Datuk Marcus Mojigoh, Datuk Seri Bung Mokhtar Radin, Datuk Zahidi Zainul Abidin and Dr Azman Ismail – spent nine days in Brussels, Belgium engaging with Members of European Parliament (MEPs) on Malaysia’s agriculture, forestry and environment policies.
08-11-2017
Where Green Incentives Led to a Surge in Palm Oil
What started as a way to cut Japan’s dependence on imported fossil fuels has led to an expected surge in a different and equally controversial shipment: palm oil
08-11-2017
Equatorial Palm Oil Launches Human Rights Impact Assessment Process
LONDON (Alliance News) – Equatorial Palm Oil PLC said Monday it has launched a human rights impact assessment process at its Liberian operations
08-11-2017
Uptick in demand lifts crude palm oil futures by 0.49%
New Delhi, Nov 7 (PTI) Crude palm oil were up by 0.49 per cent to Rs 553.60 per 10 kg in futures trading today as traders built up fresh positions, taking positive cues from the spot market on pick up in demand
08-11-2017
MPOCC concerned over Sabah Forestry's decision to opt for RSPO certification
KUALA LUMPUR (Nov 7): The Malaysian Palm Oil Certification Council (MPOCC) has expressed concern over the Sabah Forestry Department’s decision to seek the Roundtable on Sustainable Palm Oil (RSPO) certification for sustainably cultivated palm oil.
08-11-2017
Palm sees first gain in four sessions on stronger overnight soyoil
KUALA LUMPUR (Nov 7): Malaysian palm oil futures rose in early trade on Tuesday, on track to snap three earlier losing sessions, as palm gained on overnight strength in Chicago Board of Trade's (CBOT) soyoil.