Archived News
13-12-2022
Palm oil: Splitting fact from fiction
12/12/2022 (The Edge Markets) - What if there is an oil that is free from trans-fat and cholesterol, and is cited by the Food and Agriculture Organisation (FAO) and World Health Organisation (WHO) as edible, wholesome and nutritious?
13-12-2022
Challenging times for palm oil
12/12/2022 (Daily Express) - THE palm oil industry is facing challenging times due to rising labour, fertiliser and operational costs, said Chief Minister Datuk Seri Hajiji Noor.
13-12-2022
VEGOILS-Palm oil drops as sharp decline in rival oils weigh
12/12/2022 (Nasdaq), Jakarta - Malaysian palm oil futures dropped on Monday tracking weakness in rival oils, even as data showed firmer palm oil exports for the first 10 days of December.
13-12-2022
Palm posts biggest drop in 2-1/2 months as rival oils slump weighs
12/12/2022 (Business Recorder), Jakarta - Malaysian palm oil futures posted on Monday their biggest daily drop since Sept. 28, dragged by weakness in rival edible oils and crude oil, even as cargo surveyor data showed firmer exports in the first 10 days of the month.
13-12-2022
India says genetically modified technology important for food security, import reduction
09/12/2022 (The Edge Markets), New Delhi - India said on Thursday that it is important for it to adopt farming technologies like genetically-modified (GM) crops to ensure food security and cut a reliance on imports, as it tries to boost the output of edible oils for its huge population.
09-12-2022
EU palm oil use and imports seen plummeting by 2032
08/12/2022 (Reuters), Paris - The share of palm oil in biodiesel and in food in the European Union is expected to fall significantly within the next 10 years, leading to a sharp drop in imports, the European Commission said on Thursday.
09-12-2022
Palm oil price projected to remain strong
08/12/2022 (The Star Online), Petaling Jaya - The price of crude palm oil (CPO) is likely to remain firm as the local estates enter into the low-production season amid strong demand due to the upcoming Christmas and Chinese New Year festivities, says CGS-CIMB Research.
09-12-2022
Palm oil tumbles to two-week low as soybean oil extends losses
06/12/2022 (The Edge Markets) - Palm oil has dropped to the lowest in two weeks following further losses in rival soybean oil after the Biden administration published last week a proposal for biofuel-blending mandates that were lower than expectations.
09-12-2022
WWF backs Indonesia-China sustainable palm oil trade
08/12/2022 (Antara News), Jakarta - The environmental organization World Wide Fund (WWF) is encouraging sustainable palm oil trade between Indonesia and China given its relatively large volume and impact on the sustainability of agricultural production and the environment.
09-12-2022
Soybean ban: follow the science
07/12/2022 (Business Recorder) - Commenting on the rapid rise in the import bill of soybean grain in April 2021, BR Research noted that “policymakers can no longer ignore talking about the forbidden s-word in agriculture”. 18 months later, soybean grain imports have finally made it to the news. How did this unknown commodity go from near zero to Pakistan’s 10th largest item on import bill in just six years, and why is it now making headlines?
09-12-2022
China’s November imports of soybean drop 14% on year
08/12/2022 (Hellenic Shipping News) - China imported 7.35 million tonnes of soybeans in November, down 14% from a year earlier, customs data showed on Wednesday, confounding expectations for a significant rise, after slow clearing of cargoes at customs.
09-12-2022
Palm surrenders early gains on Dalian weakness
08/12/2022 (Business Recorder), Jakarta - Malaysian palm oil futures gave up early gains to log a second straight session of declines on Thursday, weighed down by losses in rival Dalian oils and Indonesia’s smaller biodiesel blend plan.