Archived News
09-11-2017
Indigenous Palm Oil Farmers Issue Open Letter to EU MEPs
The Dayak Oil Palm Planters Association(DOPPA) from the Malaysian state of Sarawak issued an open letter today, addressed to the EU MEPs who will be making a decision on the use of palm oil as feedstock for biofuels
09-11-2017
European vegoils-Palm oil up ahead of industry data
ROTTERDAM, Nov 11 (Reuters) - Palm oil prices on the European vegetable oils market firmed on Wednesday because of positioning ahead of fresh industry data and due to concerns that wet weather could disrupt Malaysian palm oil output.
09-11-2017
Palm oil futures jump
KUALA LUMPUR: Malaysian palm oil futures jumped to a one week top on Wednesday evening, charting a second straight day of gains, over concerns that rainy weather could lower production
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