Archived News

12/10/2012 (Reuters) - Malaysian palm futures rose on Thursday to their highest in more than a week, as a government plan to cut an export tax on crude palm oil offset record stockpiles and weak exports, while traders took positions ahead of a key U.S. report on demand and supply.

12/10/2012 (FoodNavigator.com) - Manufacturers are increasingly sensitive to sustainability issues around palm oil, but it would be disastrous to stop using it altogether, says secretary general of the Roundtable for Sustainable Palm Oil (RSPO) Darrel Webber.

12/10/2012 (The Star) - Crude palm oil (CPO) prices continue to march upwards just days after suffering from their worst single-day plunge since July 2008, following favourable developments and initiatives that buoyed sentiment towards the highest yielding vegetable oil.

12/10/2012 (India Blooms) - Thailand became the first country in the world to have independent smallholders as RSPO (Roundtable on Sustainable Palm Oil) Certified which comprises a community of 412 smallholders over 2,767.33 hectares of planted land.

12/10/2012 (Borneo Post) - The federal government will introduce new formula to counter problems of decreasing prices of major commodities like palm oil and rubber.

12/10/2012 (Knowledge Wharton Today) - Deforestation is one of the greatest environmental and business challenges of our time because it contributes so much to the rising greenhouse gases shown to contribute to climate change.

12/10/2012 (Bernama) - Two research houses have maintained their Neutral call on the plantation sector, saying that the recent decline in Crude Palm Oil (CPO) prices has been exaggerated.

12/10/2012 (Bernama) - Malaysia's economic position will continue to depend largely on oil and crude palm oil (CPO) prices, exports and the political environment, said OCBC Bank (Malaysia) Bhd.

11/10/2012 ((Reuters) - Malaysian palm oil futures edged up on Wednesday to their highest in more than a week, tracking other vegetable oil markets, although gains were limited by record stockpiles.

11/10/2012 (The Star) - Last month I had the good fortune to visit France and discuss our palm oil industry with policymakers, businesses and consumers. This trip was particularly important since France has been the focal point of a relentless campaign of misinformation launched against our products, our workers and the Malaysian people.

11/10/2012 (Leadership Newspapers) - The Rivers State Ministry of Commerce and Industry, Produce Department, has decried the low production of palm oil in the state.

11/10/2012 (Reuters) - Indonesia must reform export taxes and import curbs on farm commodities to spur investment in the sector and improve national food security, the OECD grouping of the world's top economies said on Wednesday.