Archived News

06/10/2017 (Hindu Business Line) - Driven by higher disposable incomes and increased health consciousness, edible oil consumers in India are increasingly turning towards sunflower oil, which has witnessed an increase in consumption by about five-fold rise over the past 15 years.

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday Oct 5..

KUALA LUMPUR: Malaysian palm oil futures hit one-week highs on Wednesday, supported by technical buying and expectations of a slight rise in end-September inventory levels.

KUALA LUMPUR (Oct 5): Malaysian palm oil end-stocks likely reached the 2 million tonne mark in September, their highest since February 2016, a Reuters poll showed, with production forecast to come in at its strongest monthly level in nearly two years.

PETALING JAYA: With the market for commodities in Vietnam expected to see significant growth in the next few years, a Malaysian delegation led by Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong visited the country to strengthen bilateral cooperation in the sector

ROTTERDAM, Oct 4 (Reuters) - Palm oil on the European vegetable oils market was firmer on Wednesday, following Malaysian palm oil futures which rose on the back of technical selling and expectations that September ending stocks will only show a small increase.

LAWAS: The oil palm industry in Sarawak shows very encouraging trend as of August — recording 1.57 million hectares of planted areas.

CIMB IB Research has maintained its “Neutral” rating on the Asean agribusiness sector and said Malaysian palm oil stocks may fall by 1% month-on-month (m-o-m) to 1.93 million tonnes as at end-September

The Malaysian government has agreed to provide another financial incentive to facilitate and help reduce the cost of obtaining the Malaysian Sustainable Palm Oil (MSPO) certification.

Being more sustainable is good for a company’s bottom line and reputation. So why are companies, as seen in WWF’s recent Palm Oil Scorecard for Singapore and Malaysia, dragging their feet on sustainability? SIIA researchers discuss.

Indonesia is fighting a negative campaign against the palm oil industry through the World Trade Organization (WTO) forum, noted a press statement from the permanent representative of Indonesia in Geneva, received here, Tuesday.

The central government hopes to improve 4,000 hectares of palm oil plantation belonging to local farmers in Jambi, Agus Rizal, the head of the province's plantation agency, said on Monday.