Archived News

Japanese companies are facing increasing calls for eliminating human rights violations and giving adequate consideration to environmental protection when building and operating supply chains, ranging from the procurement of raw materials to the manufacture and sale of products.

KUALA LUMPUR, Nov 21 (Reuters) - Exports of Malaysian palm oil products for November 1-20 rose 9.6% to 997,216 tonnes from 909,817 tonnes shipped during October 1-20, cargo surveyor Intertek Testing Services said on Sunday.

VISHAKHAPATNAM: Oil palm farmers in Andhra Pradesh are unwilling to continue the cultivation due to poor prices and are requesting the government to provide Rs 20,000 per tonne as remunerative price against the present Rs 10,000.

KUALA LUMPUR: Sime Darby Plantation Bhd has refuted the findings from the Roundtable Sustainable Palm Oil (RSPO) over unreported recruitment fees and retention of its foreign workers' passport.

The prices of mustard, groundnut, soybean oil-oilseeds, cottonseed, crude palm oil, and palmolein oil fell in India following a slump in the global markets. The cost of mustard seeds decreased by Rs 175 close to Rs 7,300-7,350 per quintal as compared to Friday’s closing price.

19/11/2022 (The Star Online) - COMMODITY markets are awaiting for China to lift its zero-Covid policy to fuel a broad-based rally in commodities.

19/11/2022 (The Star Online), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade on a slightly upward bias next week given the recent weakness in prices which may prompt bargain-buying activities, said palm oil trader David Ng.

18/11/2022 (Biofuel International) - The Indonesian Government, the Council of Palm Oil Producing Countries (CPOPC) and the Indonesian Palm Oil Association (GAPKI) hosted the first Sustainable Vegetable Oil conference on the sidelines of the G20.

18/11/2022 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures fell on Thursday, clocking the sharpest weekly decline of 10 percent in four months, weighed by a stronger ringgit and demand worries.

20/11/2022 (The Daily Star) - China has signed a US$2.6 billion worth of commitment to purchase crude palm oil (CPO) and its derivative products from Indonesia, allowing the archipelagic country to secure a trade boost from its number-one trading partner amid global recession.

21/11/2022 (Deccan Chronicle) - Oil palm farmers in Andhra Pradesh are unwilling to continue the cultivation due to poor prices and are requesting the government to provide Rs 20,000 per tonne as remunerative price against the present Rs 10,000.

18/11/2022 (The Edge Markets), Kuala Lumpur - The Roundtable on Sustainable Palm Oil (RSPO) has required Sime Darby Plantation Bhd (SDP) to complete an action plan over the next six months to address the weaknesses identified in its existing systems and processes.