Archived News

19/09/2016 (Reuters) - A hike in Malaysia's crude palm oil export tax for October is expected to dampen already weakening demand for the tropical oil, but likely below-average output in coming months could support prices.

19/09/2016 (Jakarta Post) - Sinarmas group has stayed conservative over the CPO market in Europe, despite France's decision to revoke a progressive tax on crude palm oil (CPO) products, suspecting that other proposals with different trade barriers might be prepared.

19/09/216 (MENAFN) - In a bid to hunt culinary talents from across the country and recognise them at the national level, entries are invited from the interested participants for the TV Reality Show Meizan-Malaysian Palm Oil Shera Rondhonshilpi 2016.

15/09/2016 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday Sept 15.

15/09/2016 (Reuters) - Malaysia, the world's second-largest palm oil producer after Indonesia, will raise its crude palm oil export tax to 6.5 percent in October from 5 percent in September, according to a circular on the Malaysian Palm Oil Board website on Thursday.

15/09/2016 (Indonesia Investment) - Fadhil Hasan, Executive Director of the Indonesian Palm Oil Producers Association (Gapki), informed that Indonesia's exports of crude palm oil (CPO) and its derivatives (including biodiesel and oleo-chemicals) reached 1.74 million tons in July 2016

15/09/2016 (Business Standard) - Crude palm oil prices fell 1.09 per cent to Rs 554.90 per 10 kg in futures trade today as speculators booked profits at prevailing higher levels amid fall in demand in spot market.

15/09/2016 (GhanaWeb) - Some palm oil producers at Subi, near Kade in the Eastern Region, say they are still feeling the impact of the negative reports about some market women adulterating the product with dye.

15/09/2016 (AllAfrica.com) - "In San Lorenzo they cut down the jungle to plant African oil palms. The only reason they didn't expand more was that indigenous people managed to curb the spread," Ecuadorean activist Santiago Levy said during the World Conservation Congress.

15/09/2016 (Jakarta Post) - A number of government institutions and the Indonesian Palm Oil Entrepreneurs Association (Gapki) have teamed up to empower local people living near forests to prevent and fight forest fires, an association official has said.

15/09/2016 (Business Standard) - Tracking a firm global trend, crude palm oil prices were up by 0.52 per cent to Rs 559.70 per 10 kg in futures trade today as traders created fresh positions.

14/09/2016 (Bernama) - Datuk Ahmad Hamzah has been appointed Chairman of the Malaysian Palm Oil Board (MPOB), while Tan Sri William Mawan Ikom will helm the Malaysian Pepper Board (MPB).