Archived News

18/2/2024 (Bangladesh Post), The government has decided to fix the price of edible oil tomorrow while it has also a plan to reduce the prices of other essential commodities ahead of the holy month of Ramadan.

16/2/2024 (New Straits Times), Permatang Pauh - The Cabinet has not discussed in detail on doing away with subsidies for foreigners.

18/2/2024 (Kaumudi Online), Kochi – Ernakulam is at forefront in state in the RUCO project that collects used oil from hotels and catering establishment. 80,066 liters of oil was collected in the district last year. Kozhikode is second. RUCO project aims to provide unadulterated and quality food resources. The oil used to make biodiesel and soap.

18/2/2024 (The Star), Kuching - Malaysia is on the right track to obtain the European Union’s (EU) "green light” in the near term for the recognition of the Malaysian Sustainable Palm Oil (MSPO) certification scheme, says Deputy Prime Minister Datuk Seri Fadillah Yusof.

18/2/2024 (BNN Breaking), In the wake of pressing global demands for environmental stewardship, PT Astra Agro Lestari Tbk (AALI) has once again stepped forward to underscore its enduring commitment to sustainable practices. Amid the intensifying scrutiny brought about by the European Union's Deforestation Regulation (EUDR), this leading agribusiness giant is not just making a statement but taking tangible steps towards a greener future. With a significant capital injection of IDR 1.5 trillion earmarked for 2024, AALI is poised to bolster its No Deforestation, No Peat, No Exploitation (NDPE) policy, focusing on the rejuvenation of unproductive palm plants and thereby ensuring a sustainable production cycle that respects both the environment and the industry’s future.

16/2/2024 (Free Malaysia Today), Petaling Jaya - An industry expert has lauded a proposal by the plantation and commodities ministry to include palm oil harvesting in technical and vocational education training (TVET) programmes currently on offer.

15/2/2024 (The Sun), Kuala Lumpur - Palm oil prices are expected to remain resilient, trading above RM3,700 in February with resistance at RM3,950 amid the weak global demand for vegetable oil.

16/2/2024 (Biodiesel Magazine), Researchers at De Montfort University Leicester (DMU) have pioneered a new manufacturing process which could make the creation of biofuel from waste cooking oil faster and more efficient.

15/2/2024 (Trade Brains), FMCG Stock engaged in the manufacturing and supplying of consumer goods in focus, on plans to collaborate with the government of Andhra Pradesh for the production of palm oil in the state.

15/2/2024 (Reuters), Malaysian palm oil futures dropped on Thursday, weighed down by weakness in rival Chicago soyoil, falling exports and a correction in crude oil prices.

14/2/2024 (Malay Mail), Kuala Lumpur - Kenanga Research has forecast the price of crude palm oil (CPO) to trade range-bound and average around RM3,800 per tonne in a tight outlook for edible oils in 2024.

14/2/2024 (Biofuels International), The FAO vegetable oil price index averaged 122.5 points in January, which was marginally up on the previous month, but still 12.8% below the January 2023 level.