Archived News
01-11-2017
Why Boustead Plantations' purchase is expensive
Boustead seems to be paying a lower price for the plantations, averaging about RM64,777 per hectare. Other plantation groups have paid higher prices for plantations in Sabah.
01-11-2017
European vegoils-Palm oil eases on slowing exports
Palm oil on the European vegetable oils market eased on Tuesday because of weaker Malaysian palm oil futures and a slowdown in growth in October Malaysian palm oil exports.
01-11-2017
EU MEP’s Vote on Palm Oil Could Undermine Sustainability Initiatives
The EU’s Environment MEPs voted in favor of a new upgraded, nationally binding target on renewable energy last week. Part of the approved legislative text reads as:
01-11-2017
EU should keep its promise and accept MSPO
The Malaysian Sustainable Palm Oil (MSPO) is the answer to the European Union (EU) wanting all palm oil shipped into Europe to be certified as sustainably produced by 2020
31-10-2017
Malaysian palm oil/Vegoils: Market factors to watch Tuesday Oct 31
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday Oct 31
31-10-2017
'New posts to strengthen FGV ops'
FELDA Global Ventures Holdings Bhd (FGV) is expected to create several new posts, including that of deputy president and deputy chief executive officer (CEO) as well as sub-CEOs at some subsidiaries, to strengthen its operations across all divisions.
31-10-2017
Malaysia sees La Nina pushing CPO prices above RM3,000/tonne
PUTRAJAYA: The local plantation industry is expecting crude palm oil (CPO) prices to cruise comfortably above RM3,000 per tonne if La Nina sets in, according to IOI Corp Bhd
31-10-2017
Edible oil refinery capacity rises on import duty hike
Indonesia seeks trade pact to protect interest of palm oil intermediaries. The average operating capacity of domestic edible oil refineries has increased by 15 per cent in the past two months following an increase in the import duty on crude and refined oil.
31-10-2017
Felda settlers dismiss ‘recycled’ goodies in Budget 2018
FOR Nasir Isa, a Felda settler from Kota Tinggi, the special incentive announced in Budget 2018 is not something to be excited over as it is a rehash of previously announced allocations.
31-10-2017
Malaysian palm oil price climbs to 1-1/2-month high
KUALA LUMPUR: Malaysian palm oil futures rose on Monday to their strongest in a month and a half, tracking gains in rival edible oilseed soy on the Chicago Board of Trade (CBOT).
31-10-2017
Call to create fund to educate European consumers on palm oil
KUALA LUMPUR: The government is urged to create a fund for the promotion of awareness programmes to educate consumers, especially in Europe, on the benefits of Malaysian palm oil.
31-10-2017
Stabilise prices to stop distress sale of cotton, soybean: VSSNM
Kishor Tiwari, chairman of the special task force constituted to tackle agrarian crisis in Maharashtra, on Monday sought the intervention of the Prime Minister’s Office (PMO) to stabilise prices of cotton and soybean to stop its distress sale by farmers.