Archived News
14-06-2023
First growers’ cooperative receives RSPO certification
13/06/2023 (The Borneo Post), Tawau - Koperasi Landskap Kelapa Sawit Sabah Bhd (LKSS) recently announced a milestone, with 25 members of the growers’ cooperative completing the first phase of their journey to sustainability. The smallholders were awarded Roundtable on Sustainable Palm Oil (RSPO) certificate based on their audits. It was celebrated with the first-ever RSPO certificate handover in a ceremony held here on June 9.
13-06-2023
Malaysia's palm oil stocks up 12.6% in May
12/06/2023 (The Star Online), Kuala Lumpur - Malaysia's total palm oil stocks increased 12.6 per cent to 1.69 million tonnes in May 2023 from 1.50 million tonnes in the preceding month.
13-06-2023
CPOPC aims 93% of world's palm oil producing countries to become members by next year
12/06/2023 (The Star Online), Kuala Lumpur - The Council of Palm Oil Producing Countries (CPOPC) aims to have 93 per cent of the world’s palm oil producing countries as members by next year, especially once countries such as Thailand, Papua New Guinea, Colombia, Ghana and Nigeria are on board.
13-06-2023
Big palm oil players say EU deforestation law will not hurt exports
12/06/2023 (Reuters), Kuala Lumpur - Bigger palm oil companies will not be affected by a new European Union law banning goods linked to deforestation, two of Malaysia's largest producers of the commodity said on Monday.
13-06-2023
Malaysia end-May palm oil stocks surge as output swells
12/06/2023 (The Edge Malaysia), Kuala Lumpur - Malaysia's end-May palm oil inventories rose for the first time in four months, after output surged to its highest level so far this year, data from the nation's palm oil board showed on Monday (June 12).
13-06-2023
Improving palm oil awareness in China
12/06/2023 (China Dialogue) - Remember, recently you got in the habit of checking the list of contents whenever you buy something? Thanks to that little act of yours, nature is already changing…”
13-06-2023
VEGOILS-Palm oil falls on higher May supply, dip in early June exports
12/06/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures fell on Monday as a sharp rise in May production and inventories, amid a slump so far in June exports, weighed on prices.
13-06-2023
Dekel Ivory Coast palm oil output up year-on-year in May, down monthly
12/06/2023 (Market Screener) - Dekel Agri-Vision PLC on Monday reported an annual increase in its production of crude palm oil and palm kernel oil at its Ayenouan palm oil project in Ivory Coast in May.
12-06-2023
DPM Fadillah: EU’s discriminatory rules to restrict Malaysia’s palm oil industry growth
The implementation of the European Union Deforestation-free Regulation (EUDR) and several other regulations introduced by Europe are seen as a form of discrimination aimed at restricting businesses and Malaysia’s palm oil industry.
12-06-2023
Soppoa to hold Palm Oil Milling Technology Exhibition & Confab in Miri Aug 8-9
KUCHING (June 11): Sarawak Oil Palm Plantation Owners Association (Soppoa) will be organising a Palm Oil Milling Technology Exhibition & Conference (POMtec) 2023 in Miri on August 8 and 9.
12-06-2023
Soybean, palm oil prices drop in line with global rates
The prices of soybean oil and palm oil have dropped in line with global rates.
12-06-2023
Soyoil futures soar to one-month high, lifting soybeans
Chicago Board of Trade soybean futures exceeded a three-week high on Friday as demand from end users helped push soybean oil above a one-month peak, traders said.