Archived News
13-06-2017
Finally, real action from big banks on deforestation
Major banks are slowly but surely ruling out financing companies clearing forests for profit. Could this be the turning point in the fight to save Southeast Asia’s remaining forests, asks Mighty’s campaign director Deborah Lapidus.
13-06-2017
Gov’t Set to Fight for Palm Oil Derivative Export at WTO
The Ministry of Commerce, through the Directorate General of Foreign Trade, is fighting against a decision made by World Trade Organization (WTO) Dispute Settlement Body (DSB) panel at a higher stage, the Appellate Body Forum, for certain fatty alcohols dispute from Indonesia in Geneva, Switzerland.
13-06-2017
Oriental plans bigger capex
Oriental Holdings Bhd will spend RM157mil on its plantation business this year compared with RM139.9mil in 2016, covering the cost of new planting and the construction of an office, staff quarters and a palm oil mill.
13-06-2017
Forest council to investigate Korean giant’s Indonesia palm oil operations
The Forest Stewardship Council (FSC), one of the world’s most influential sustainable forestry certification bodies, has announced that it will investigate the Indonesian oil palm operations of Korean agribusiness conglomerate Korindo in response to a formal complaint submitted by environmental group Mighty Earth.
13-06-2017
NCDEX degummed soy oil futures debuts with Rs. 6 cr volume
Commodity bourse, National Commodity and Derivatives Exchange Ltd (NCDEX) stated that its newly launched degummed soy oil (DSO) futures contract received encouraging response from the market participants on its debut.
13-06-2017
Fonterra farmers have a year to adapt to palm kernel changes before penalty
Fonterra will penalise farmers from June 2018 for excessive use of palm kernel, which changes the fatty acid composition of milk.
13-06-2017
Crude palm oil rises 0.50 pc in futures trade
Crude palm oil prices were trading up by 0.50 per cent to Rs 494.40 per 10 kg in futures trade today as traders created fresh positions, supported by pick up in demand at the spot market.
13-06-2017
Ferrero Wins Against Delhaize in Misleading Palm Oil Advertising Case
International food retail group Delhaize has been ordered by a Belgian National Court to stop using “misleading communication†against palm oil following an appeal in Brussels brought by Italian confectionery giant Ferrero.
13-06-2017
European vegoils-Palm oil up in thin trade
Palm oil in the European vegetable oils market was mostly firmer on Monday but trade was very thin as the Malaysian palm oil futures market was closed for a public holiday.
13-06-2017
Malaysian palm oil/Vegoils: Market factors to watch Tuesday June 13
The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday June 13.
09-06-2017
VEGOILS-Market Factors to Watch June 9
09/06/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
09-06-2017
Moving Forward With MSPO
09/06/2017 (The Star) - The issue of environment is not the sole domain of the developed world. Malaysia may be a small nation but we are big in our commitment and execution to fight global warming. I find the decision by the United States of America to withdraw from the Paris Agreement disappointing because as the world’s second largest polluter, US leadership is pivotal. However, this decision has also strengthened the resolve of other countries, notably China and India, to reduce greenhouse gas emissions.