Archived News

19/05/2022 (Business Recorder), Singapore - Palm oil may test a support at 5,984 ringgit per tonne, a break below which could open the way towards 5,843 ringgit.

19/05/2022 (Business Recorder), Peshawar - Factory owners belonging to erstwhile Federally Administered Tribal (Fata) and Provincially Administered Tribal Areas (Pata) expressed concern over delay in clearance of palm olein and RBP palm oil-laden containers at AzaKhel Dry Port, Nowshera.

19/05/2022 (The Malay Mail), Kuala Lumpur - Malaysia’s trade performance continued its upward momentum in April 2022 with total trade increasing 21.3 per cent year-on-year (y-o-y) to RM231.44 billion, marking the 15th consecutive month of double-digit growth.

19/05/2022 (Korea Joongang Daily) - Korea will not run out of cooking oil, the government vowed, despite worries after Indonesia suspended palm oil exports.

19/05/2022 (The New Straits Times), George Town - The government has been urged to draw up a constructive masterplan on food security without further delay to secure the national food supply chain.

19/05/2022 (The Edge Markets) - The benchmark crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended mostly higher on Wednesday on the expectation of stronger exports in coming weeks owing to the palm oil export ban in Indonesia, said a dealer.

18/01/2022 (China Dialogue) - Oil palm, known as dendezeiro in Brazil, can produce up to ten times more vegetable oil per hectare than other crops. But it is regularly condemned as harmful to the biodiversity of tropical forests in Asia, Africa and Latin America. Now, its cultivation looks set to advance in the Brazilian Amazon.

19/05/2022 (The Edge Markets), Kuala Lumpur - Felcra Bhd aims to add 50,000 hectares of oil palm plantation land over the next five years to ensure the sustainability and viability of the company as well as to grab the opportunity from the high demand for palm oil exports.

18/05/2022 (Business Recorder), Singappore - Palm oil may retest a support at 5,984 ringgit per tonne, a break below which could open the way towards 5,843 ringgit.

18/05/2022 (Reuters), Jakarta - Indonesia's trade minister on Wednesday said he expected prices of cooking oil would stabilise after a programme to distribute subsidised supplies reaches 10,000 locations across the country.

18/05/2022 (Outlook India) - This start-up made headlines for recycling cooking oil in an eco-friendly manner. This is a renewable energy startup that gained recognition by accumulating used cooking oil from households, restaurants, and vendors. Uranus Oil is acquiring it for a modest price and serving biodiesel production companies at large. It helps prevent the reuse of unhealthy oil by street vendors. It even keeps disposal of the used oil through drains and supports the nationwide cleaning drives; most restaurants based in Chennai and its suburbs are preferring their used oil to be sold to the startup, which collects it from their doorstep.

17/05/2022 (The Edge Markets) - Malaysia is worried that the benchmark standards keep on changing and are difficult to comply with, especially for smallholders, as it continues to address sustainability aspects and corrects the negative perception and allegations towards its palm oil, the Malaysian Palm Oil Board (MPOB) said.