Archived News
06-11-2017
Mah expresses concern on anti-palm oil move in EU Parliament
PETALING JAYA: Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong has expressed concern regarding the growing anti-palm oil campaign in the European Union (EU) Parliament, during the inaugural ministerial meeting of palm oil producing countries in Indonesia.
06-11-2017
Palm oil prices may rise to RM3,100 per tonne by Jan 2018 - Mistry
NUSA DUA, Indonesia: Malaysian crude palm oil prices are expected to rise to RM3,100 a tonne by January, as stockpiles remain lower than expected despite palm being in a high production cycle, said leading vegetable oils analyst Dorab Mistry on Friday.
06-11-2017
Malaysia’s September exports rise 15%, below expectations
KUALA LUMPUR: Malaysia’s exports rose 15% to RM78.3bil in September 2017 from a year ago, boosted by electrical and electronic (E&E) products.
06-11-2017
Why palm biodiesel producers should keep pushing R&D and make palm oil biodiesel more environmentally friendly
ENGLAND and France last month announced that they would stop sales of internal combustion engine cars in 20 years. China also announced a similar policy with effect in 2050.
03-11-2017
Malaysian palm oil/Vegoils: Market factors to watch Friday Nov 3
The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday Nov 3.
03-11-2017
Palm oil may break support at 2,808 ringgit and fall more
The palm oil January contract may retest a support at 2,808 ringgit per tonne, with a good chance of breaking below this level and falling more towards the next support at 2,779 ringgit.
03-11-2017
India could raise import duty on vegetable oils, including Malaysian palm oil
India, the world's biggest buyer of vegetable oils, is considering raising import taxes on crude and refined edible oils to protect local farmers, two government officials told Reuters.
03-11-2017
Palm falls, following weakness in soybean oil
Malaysian palm oil futures dropped on Thursday, tracking weak soyoil prices and as traders awaited price forecasts from an industry conference.
03-11-2017
Malaysian CPO output likely grew 9% in October
Malaysian crude palm oil (CPO) output may have grown 9% month-on-month to 1.95 million tonnes in October, 2017, according to survey findings by the CIMB Futures team.
03-11-2017
GAPKI urges government to increase palm oil competitiveness
The Indonesian Palm Oil Producers Association (GAPKI) has urged the government to help increase the competitiveness of palm oil products, as palm oil remains the country’s most important export commodity, the GAPKI chairman stated on Thursday at an industry conference
03-11-2017
India could raise import duty on vegetable oil: government sources
India, the world’s biggest buyer of vegetable oils, is considering raising import taxes on crude and refined edible oils to protect local farmers, two government officials told Reuters.
03-11-2017
Opinion: A make or break moment for the Roundtable on Sustainable Palm Oil
The palm oil industry has become notorious for its negative impacts on tropical rainforests, indigenous peoples, local communities, workers, and the global climate