Archived News

15/12/2022 (The Borneo Post), Kuching - Palm oil sludge can be used for the solar panel industry, giving the industry the opportunity to be part of a sustainable circular economy, said Premier of Sarawak Datuk Patinggi Tan Sri Abang Johari Tun Openg.

14/12/2022 (The Edge Markets), Kuala Lumpur - It is unlikely that plantation companies will continue to post double-digit profit growths in 2023, according to analysts, due to lower crude palm oil (CPO) prices, higher energy costs, and costlier raw material.

14/12/2022 (The Edge Markets) - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives settled higher for the second consecutive day as demand for the commodity improved on better market sentiment.

15/12/2022 (Successful Farming) - Rapeseed output in India is likely to rise to a record high in 2023 as higher prices have encouraged farmers to plant the main winter oilseed on nearly 9% more area than a year ago, trade and industry officials said.

15/12/2022 (China Dialouge) - With the way the environment is being destroyed, the way climate change is happening, the way we travel, the way we consume, it’s just a matter of when the next pandemic will happen.”

15/12/2022 (India Education Diary) - The study highlights how sustainability commitments, which play an important role in preventing the destruction of tropical rainforest, fail to protect nature in tropical grassy and dry forest habitats such as the Llanos in Colombia, Beni savanna in northern Bolivia, and Guinean and Congolian savannas in West and Central Africa.

14/12/2022 (Reuters), Singapore - Drought or too much rain, the war in Ukraine and high energy costs look set to curb global farm production again next year, tightening supplies, even as high prices encourage farmers to boost planting.

14/12/2022 (Malay Mail), New Delhi - India’s palm oil purchases in November saw a big jump to reach 75 per cent of the country’s overall monthly edible imports.

14/12/2022 (New Straits Times), Kuala Lumpur - Crude palm oil (CPO) prices are expected to remain range bound in 2023 as supply improvements will be relatively balanced with a rise in demand, according to RHB Research.

14/12/2022 (The Edge Markets), Mumbai/Benggaluru - Palm oil imports to India, the world’s biggest buyer, rose in November by 29% from the previous month, as steep discounts to rivals soyoil and sunflower oil made purchases lucrative for local refiners, a trade body said on Wednesday.

14/12/2022 (The Sun Daily), New Delhi - India’s palm oil purchases in November saw a big jump to reach 75 per cent of the country’s overall monthly edible imports.

14/12/2022 (Daily Express), Kuala Lumpur - Malaysia’s total palm oil stocks dropped 4.98 per cent to 2.29 million tonnes in Nov 2022 from 2.41 million tonnes recorded in the previous month.