Archived News
18-05-2023
Indonesia urges importers to back sustainable palm oil, not boycotts
17/05/2023 (The Star Online), Kuala Lumpur - Indonesia, the world's largest palm oil exporter, on Wednesday (May 17) urged importing countries to recognise and pay the premium for sustainably produced palm oil rather than boycotting the widely-used oil, whose production critics say has been linked to deforestation.
18-05-2023
Malaysia, Indonesia heading to Brussels to discuss EU deforestation rule
18/05/2023 (New Straits Times), Kuala Lumpur - Malaysia and Indonesia are geared up for a two-day joint mission to Brussels beginning May 30 to deliberate on issues pertaining to recent developments in the European Union (EU), particularly the EU Deforestation Regulation (EUDR) that is negatively impacting the palm oil industry.
18-05-2023
Malaysia says committed to raising palm oil biodiesel mandate
17/05/2023 (Nasdaq), Kuala Lumpur - Malaysia is committed to progressively raising its biodiesel mandate, its commodities minister said at a meeting with global palm oil producers on Wednesday.
18-05-2023
VEGOILS-Palm slides to two-week low on higher output expectations
17/05/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures fell for a third day on Wednesday to their lowest levels in two weeks, pressured by expectations of rising production amid lacklustre demand.
18-05-2023
VEGOILS-Palm slips to two-week low on higher output expectations
16/05/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures slipped for a third straight session on Wednesday to hit their lowest in two weeks, weighed down by expectations of rising production amid lacklustre demand.
18-05-2023
Palm slides to two-week low on higher output expectations
17/05/2023 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures fell for a third day on Wednesday to their lowest levels in two weeks, pressured by expectations of rising production amid lacklustre demand.
18-05-2023
Palm oil may drop further into 3,288-3,344 ringgit range
17/05/2023 (Business Recorder), Singapore - Palm oil may drop further into a range of 3,288-3,344 ringgit per tonne, as it has broken a support at 3,418 ringgit. The support could have been working as the final barrier towards 3,288 ringgit.
18-05-2023
Indonesia urges importers to back sustainable palm oil, not boycotts
17/05/2023 (Financial Post), Kuala Lumpur - Indonesia, the world’s largest palm oil exporter, on Wednesday urged importing countries to recognize and pay the premium for sustainably produced palm oil rather than boycotting the widely-used oil, whose production critics say has been linked to deforestation.
17-05-2023
How the Malaysian Palm Oil Green Conservation Foundation is playing its part to save the environment and wildlife
16/05/2023 (Malay Mail), Kuala Lumpur - When it comes to the environment, we are often bombarded by the sounds and images of machines clearing trees.
17-05-2023
VEGOILS-Palm falls for second day on higher supply outlook
16/05/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures slipped on Tuesday for a second consecutive session, weighed down by fears of rising production and tracking losses in rival edible oils.
17-05-2023
VEGOILS-Palm tracks rival oils lower for second straight day
16/05/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures fell on Tuesday for a second consecutive session, as the contract rolled over to a new month and tracked losses in rival edible oils.
17-05-2023
Palm closes at near two-week low on higher supply outlook
16/05/2023 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures closed lower on Tuesday for a second consecutive session, hitting a near two-week low on fears of rising production.