Archived News
02-12-2022
Ban on GMO soyabean: govt, importers take divergent positions
01/12/2022 (Business Recorder), Islamabad - The APSEA (All Pakistan Solvent Extractors’ Association) patron-in-chief, Shehzad Ali Khan while briefing the National Assembly Standing Committee on National Food Security meeting, said that they are importing oil seed and its powder used in poultry feed.
02-12-2022
Sarawak trade up 55% to RM141.2 bln for Jan-Aug 2022: Awang Tengah
01/12/2022 (The Sun Daily), Kuching - Sarawak’s total external trade for the first eight months of this year rose 55 per cent to RM141.2 billion compared with RM91.1 billion for the same period last year.
01-12-2022
Floods slash Malaysian palm oil output, plantations chief says
30/11/2022 (The Edge Markets), Kuala Lumpur - Malaysian palm oil output will likely drop by 5% to 8% in November from the previous month, after heavy rains and floods disrupted plantation operations, according to United Plantations Bhd.
01-12-2022
Step up shared responsibility concept to boost certified palm oil uptake, says RSPO
30/11/2022 (The Edge Markets), Kuala Lumpur - The Round Table on Sustainable Palm Oil (RSPO) is disappointed that there is no improvement in the uptake of certified palm oil, saying this is sending the wrong message to oil palm growers.
01-12-2022
Chinese company Grand Oils & Fats gets palm oil certification
30/11/2022 (Free Malaysia Today), Petaling Jaya - Grand Oils & Fats (Dongguan) Co Ltd of China has been awarded the Malaysian Sustainable Palm Oil (MPSO) supply chain certification standard, making it the first company outside Malaysia to have been given the honour.
01-12-2022
Lower CPO sales volume, losses in sugar ops drag FGV's earnings in Q3
30/11/2022 (New Straits Times), Kuala Lumpur - FGV Holdings Bhd's net profit dipped 39.5 per cent to RM241.67 million in the third quarter (Q3) ended Sept 30, 2022 from RM399.39 million in the same quarter last year.
01-12-2022
China's Grand Oils first company outside Malaysia to obtain MSPO supply chain certification
30/11/2022 (New Straits Times), Kuala Lumpur - China's Grand Oils & Fats (Dongguan) Co Ltd (GIHDG) has obtained the Malaysian Sustainable Palm Oil Supply Chain Certification Standard (MSPO SCCS), the first company outside Malaysia to do so.
01-12-2022
Palm oil logs second consecutive monthly rise
01/12/2022 (Hellenic Shipping News) - Malaysian palm oil futures on Wednesday logged gains for the second straight month as they ended higher on robust exports from the world’s second largest producer.
01-12-2022
Malaysia keeps December crude palm oil export duty at 8per cent
30/11/2022 (Today Online), Kuala Lumpur - Malaysia has maintained its December export tax for crude palm oil at 8per cent and raised its reference price, a circular on the Malaysian Palm Oil Board website showed on Wednesday.
01-12-2022
EU’s deforestation regulation unlikely to be passed in 2023 as few areas remain unresolved, says CPOPC
30/11/2022 (The Edge Markets) - Council of Palm Oil Producing Countries (CPOPC) said it is unlikely that a political agreement could be reached soon to pass the European Union (EU)’s deforestation regulation, which is expected to be implemented next year.
30-11-2022
Opinion: Malaysia’s sustainability standard can clean up murky supply chains
29/11/2022 (China Dialogue) - The oleochemical sector produces high value materials from oils and fats. It has made huge contributions to the use of palm oil in product manufacturing.
30-11-2022
Certification key for smallholders as demand for sustainable palm oil surges — RSPO
29/11/2022 (The Edge Markets), Kuala Lumpur - Roundtable on Sustainable Palm Oil (RSPO) certification adoption is still very low in Malaysia, at less than 1% or the equivalent of 1,700 smallholder oil palm farmers certified to date.