Archived News

31/07/2022 (New Straits Times), Kuala Lumpur - The government needs to allocate more funding under Budget 2023 for a more concerted effort towards environmental preservation.

KUALA LUMPUR (July 28): The Indian Vegetable Oil Producers’ Association (IVPA) estimated India’s palm oil imports from Malaysia to remain stable in the second half of the year (2H22), making up about 55% of the country’s total palm oil imports despite Indonesia’s move to accelerate palm oil exports.

KUALA LUMPUR: The Plantation Industries and Commodities Ministry has launched a campaign to correct bias and misinformation, and to counter anti-palm oil narratives by the West.

JAKARTA, July 28 (Xinhua): China's pledge to increase crude palm oil (CPO) imports from Indonesia would significantly help boost the latter's export values and raise the price of fresh fruit bunches (FFB), Indonesia's coordinating minister for maritime affairs and investment said on Wednesday.

To improve acceptance of Malaysian palm oil among Indian consumers The Indian Vegetable Oil Producers’ Association (IVPA) and the Malaysian Palm Oil Council (MPOC) have signed a memorandum of understanding (MoU) to further cooperation between the two organisations to promote the use of palm oil.

MIRI (July 28): Dayak Oil Palm Planters Association (Doppa) is worried that smallholders may be duped into purchasing inferior quality seedlings by some unscrupulous nurseries profiteering from the high demand.

SINGAPORE: Palm oil may test a resistance of 4,085 ringgit per tonne, a break above which could lead to a gain to 4,269 ringgit.

Malaysian palm oil futures posted gains for a third straight session on Thursday as soy oil climbed on concerns over tight soybean harvest and market participants resumed bargain-hunting.

IJOK: Overripe palm oil fruits hang untouched in trees while others lie rotting scattered around a plantation, as Malaysian farmers reap the bitter harvest of a severe labour shortage.

Malaysian palm oil futures regained earlier losses and ended the afternoon trade higher on Wednesday to track a rebound in U.S. soy oil and helped by a weaker ringgit.

JAKARTA, July 27 (Xinhua) -- Private companies and fresh fruit bunch (FFB) farmers have criticized the Indonesian government's ongoing policy to waive the crude palm oil (CPO) export levy until the end of August, saying that it contributes nothing to boosting exports and FFB prices.

JAKARTA (July 27): Indonesia on Wednesday (July 27) launched road tests for two types of biodiesel containing 40% palm oil, hoping to conclude by year end whether they are viable for public use, the Energy Ministry said.