Archived News
26-10-2020
GRAINS-Soybeans hit over 4-year high on strong China demand
SYDNEY, Oct 26 (Reuters) - U.S. soybean futures rose for a sixth consecutive session on Monday to a more than four-year high on the back of strong Chinese demand.
26-10-2020
DuPont Nutrition & Biosciences has set example for sustainable palm oil
As part of its campaign to advance the responsible production of palm oil, the World Wildlife Fund (WWF) recently published over 30 case studies documenting industry efforts to transition to 100 per cent sustainable palm oil. The DuPont Nutrition and Biosciences (DuPont N&B) business was featured as a case study contributing to WWF’s mission.
23-10-2020
The Sustainable Palm Oil Revolution
Malaysia is the second largest exporter of palm oil and home to some of the world’s oldest rainforests
23-10-2020
Edible oil prices cut by Tk 2 a litre
Edible oil processors yesterday agreed to cut the prices of loose soybean and palm oil by Tk 2 per litre at mill gates to give some relief to consumers amid the rising prices of essential items
23-10-2020
Europe needs laws to stop import of deforestation-linked products, lawmakers say
The European Parliament on Thursday called for the European Union to introduce laws to prevent the import of commodities and products linked to deforestation and human rights abuses.
23-10-2020
Oil price higher, boosted by US stimulus hopes
Oil prices ticked up on Thursday, boosted by the possibility of an economic stimulus package in the United States, but struggled to recover fully from the previous session's losses when higher U.S. gasoline inventories signalled a deteriorating demand outlook as coronavirus cases soar.
23-10-2020
No forced labour issue here, say companies
Issues over incidences of forced labour in the country have already been dealt with, either through government policies or through individual company proactive initiatives
23-10-2020
Slowing global CPO production
The global palm oil production going into next year will likely be hampered by the labour shortage issues in Malaysia and poor yield growth in Indonesia, caused by low fertiliser application in the second half of 2018-2019.
23-10-2020
Govt takes various measures to deal with oil palm industry labour issue – Khairuddin
Forced labour is no longer an issue in the country following the implementation of various measures by the government to address the problem, including through the establishment of the mandatory Malaysian Sustainable Palm Oil Certification (MSPO), effective Jan 1, 2021.
23-10-2020
Indonesia readies its green diesel. These are the likely social and environmental impacts
Called D100, this 'green diesel' is part of Indonesia's strategy to promote what is claimed to be environmentally friendly fue
23-10-2020
Fruitful days ahead for KLK
here are exciting prospects ahead for Kuala Lumpur Kepong(KLK) in financial year 2021 (FY21), as fresh fruit bunch (FFB) growth is expected to rise on an industry-wide production recovery after a low season.
23-10-2020
Traders agree to slightly reduce edible oil prices
The country’s edible oil traders had announced a reduction of Tk2 per litre in soybean oil and palm oil price considering the ongoing situation in the country, Commerce Minister Tipu Munshi on Thursday said.