Archived News

17/05/2022 (The Malay Mail) - Hundreds of Indonesian smallholder farmers today staged a protest in the capital Jakarta and in other parts of the world’s fourth most populous country, demanding the government end a palm oil export ban that has slashed their income.

17/05/2022 (The New Straits Times), Kuala Lumpur - Malaysia is worried that 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 allegation towards its palm oil, the Malaysian Palm Oil Board (MPOB) said.

16/05/2022 (The Edge Markets) - The rupiah risks weakening to its lowest level in almost two years as Indonesia’s ban on palm oil exports adds to headwinds from interest rate hikes in the US.

17/05/2022 (Business Recorder), Singapore Palm oil may rise to 6,602 ringgit per tonne, as it managed to stabilise around a support at 6,290 ringgit.

17/05/2022 (Al Jazeera), Bengaluru, India - Aneesha Thakur has used sunflower oil in her kitchen for as long as she can remember. Last week, she broke with that habit, buying a bottle of soybean oil instead to fry fish for her teenage sons.

16/05/2022 (Al-Jazeera) - Indonesia, the world’s largest producer of palm oil, has struggled with rising prices and low stocks of cooking oil amid a surge in global prices of the raw ingredient.

PUTRAJAYA, May 15 — The establishment of a working committee between Malaysia and the United States to address the issue of alleged forced labour is an equitable move to resolve palm oil and rubber issues, said Plantation Industries and Commodities Minister Datuk Zuraida Kamaruddin.

NEW DELHI, May 14 — Indian vegetable oil importers predict an “ugly” supply crunch if top producer Indonesia maintains its ban on palm oil exports to meet domestic demand.

PETALING JAYA: The actual worker shortage in the palm oil industry can be between 70,000 and 100,000 workers, according to an industry source.

TEMPO.CO, Jakarta - Director of the Center of Economic and Law Studies (Celios) Bhima Yudhistira suggested the government revoke the export ban on crude palm oil or CPO because the policy did not suppress the price of cooking oil in the domestic retail market.

JOHOR BAHRU: The sustainable oil palm planters cooperatives (KPSM), which undertake fresh fruit bunches (FFB) trading activities through 65 weighing centres nationwide, recorded sales of 82,612.37 tonnes as of March 31, 2022.

KUALA LUMPUR: The Malaysian Palm Oil Board (MPOB) is focusing on five priority research and development areas to address the issues and current need of the oil palm industry.