Archived News

Malaysian and Russian experts on fats, oils and biotechnology have recently assembled virtually for a web event moderated by the Malaysian Palm Oil Council (MPOC), to address processing contaminants in edible oils, such as 3-MCPD.

KUALA LUMPUR (March 31): FGV Holdings Bhd continues to enhance its labour practices to address the Withhold Release Order (WRO) issued by the US Customs and Border Protection (CBP) on Sept 30, 2020 against palm oil and palm oil products made by FGV and its subsidiaries and joint ventures.

SINGAPORE, April 1 (Reuters) - Malaysian palm oil futures opened more than 2% higher on Thursday, tracking gains in rival oils on the Chicago Board of Trade (CBOT) and the Dalian Commodity Exchange.

World's largest exporter of sunflower oil and a net exporter of wheat, Ukraine will ban imports of these commodities from neighboring Russia, the government said in a resolution published Wednesday.

BUCHAREST (Romania), March 31 (SeeNews) - Romania's sunflower output was the highest in the EU last year despite a 42% annual decrease, the country's statistical office said on Wednesday, citing provisional data.

Canada exported more canola oil in the last 12 month than in previous years.

Sustainability is perhaps the biggest buzzword in recent years, capturing the zeitgeist of the late 2010s and early 2020s. From food consumption to travel and leisure, sustainability is increasingly driving the public opinion, which in turn influences governments.

Kuala Lumpur: A golden opportunity has presented itself for Malaysian exporters as China announced the implementation of the Chinese Group Standard for Red Palm Oil on March 1, 2021, which enables buyers from the republic to import the commodity from Malaysia by quoting specifications in the standard.

JAKARTA, March 30 (Reuters) - Indonesia's palm oil Estate Crop Fund president director Eddy Abdurrachman told a parliament hearing on Tuesday:

JAKARTA: Malaysian palm oil futures dropped to a five-week low on Tuesday, tracking rival oils, as sentiment was weighed by weak demand from top buyers India and China ahead of March output and export data.

PETALING JAYA (March 30): There is a need for technological collaborations in the global oil palm industry to increase plantation and yield potential, said Sime Darby Plantation Bhd (SDP).

JAKARTA: Malaysian palm oil futures fell more than 2.5% on Tuesday, on track for a fourth session of drop in five, as weak demand from top buyers India and China weighed on market sentiment ahead of March output and export data.