Archived News
28-06-2021
Indian market needs sustainable palm oil supply chain
Palm oil is ubiquitous in the Indian market – from the government’s public distribution system to products of our daily use such as shampoo, cosmetics, soap, detergents, toothpaste and edible products like biscuits, cooking oil, snacks, chocolate, instant noodles, packaged bread and more. Behind the scenes though is a complex supply chain, riddled with environmental issues, which consumers of palm oil may not be aware of. The Indian industry has also been looking at the sustainable palm oil supply chain due to various factors including pressure from environmental groups.
28-06-2021
Malaysia’s palm oil output to rise marginally while exports pick up -state agency
Malaysia’s crude palm oil (CPO) production is expected to rise only marginally in the next few months, while exports are expected to pick up, state agency the Malaysian Palm Oil Council (MPOC) said on Thursday.
25-06-2021
EU palm oil use for biodiesel to fall in 2021 on cost concerns: USDA
EU use of palm oil to make biodiesel is forecast to decline in the 2021 marketing year (July-June), as high feedstock prices will hamper production from Spain, the US Department of Agriculture said in its annual EU biofuels report.
25-06-2021
Malaysia's palm oil output to rise marginally while exports pick up - state agency
KUALA LUMPUR (Reuters) - Malaysia’s crude palm oil (CPO) production is expected to rise only marginally in the next few months, while exports are expected to pick up, state agency the Malaysian Palm Oil Council (MPOC) said on Thursday
25-06-2021
CPOPC calls on EU to review biofuels approach under RED II
KUALA LUMPUR (June 24): The Council of Palm Oil Producing Countries (CPOPC) has urged the European Union (EU) to revise their approach on vegetable oils in biofuels under the framework of Renewable Energy Directive II (RED II).
25-06-2021
Indonesia’s lower CPO export levy beneficiaries
`PETALING JAYA: Upstream oil palm planters and integrated plantation companies with operations in Indonesia are poised to be prime beneficiaries of the republic’s proposal to reduce its palm oil export levies.
25-06-2021
How palm oil became the world's most hated, most used fat source
(THE CONVERSATION) Palm oil is everywhere today: in food, soap, lipstick, even newspaper ink. It’s been called the world’s most hated crop because of its association with deforestation in Southeast Asia. But despite boycott campaigns, the world uses more palm oil than any other vegetable oil – over 73 million tons in 2020.
25-06-2021
Palm oil may bounce into 3,746-3,844 ringgit range before falling in Q3
SINGAPORE: Palm oil may bounce into the range of 3,746 ringgit to 3,844 ringgit per tonne, before turning around and falling towards a zone of 2,927 ringgit to 3,232 ringgit next quarter.
25-06-2021
Palm oil imports increase 40.61 percent to $2.397 billion in 11 months
ISLAMABAD: Palm oil imports increased by 40.61 percent during the first eleven months of the current fiscal year against the imports of the same period of last year.
25-06-2021
B20 biodiesel rollout delayed further, now end of 2022
The nationwide implementation of B20 biodiesel was supposed to happen in June 2021, which is now. In January this year, the target was pushed forward to early 2022. Now, we’re looking at another delay.
24-06-2021
Malaysian palm oil rises
Malaysian palm oil futures ended over 1% higher on Wednesday, lifted by signs of improving demand and strength in rival edible oils, but gains were capped by estimates of rising output.
24-06-2021
Cambodia will be at helm of ASEAN economic unity global trade rivalries play out
The tricky task of maintaining regional economic unity may come to the fore when Cambodia takes over the ASEAN chair from Brunei next year