Archived News
23-10-2020
MPIC looking for viable response on US palm oil ban
Plantation Industries and Commodities Ministry (MPIC) is looking for a viable response to address the US’ ban on palm oil imports produced by FGV Holdings Bhd (FGV)
23-10-2020
Nearly a third of Indonesia forest fires are in pulp, palm areas: Greenpeace
Forested areas greater than the size of the Netherlands have been burned in Indonesia in the past five years, with 30% of the fires occurring on pulpwood and palm oil concessions, environmental group Greenpeace said on Thursday.
23-10-2020
VEGOILS-Palm oil rises for third day on better exports, supply worries
Malaysian palm oil futures gained for a third straight session on Thursday as improving demand and fears of declining output lifted prices, although weakness in rival soybean oil capped gains.
22-10-2020
Palm oil rises for second day
Malaysian palm oil futures rose for a second straight session on Wednesday, tracking strength in rival Dalian oils and as exports picked up amid slowing production.
22-10-2020
Pertamina’s breakthrough to produce green energy
Pertamina made great strides in a trial for the production of D100 Green Diesel utilizing 100 percent palm oil with an amount of 1,000 barrels per day at the Dumai Refinery in Riau
22-10-2020
Brighter export outlook for the rest of the year
Exports are expected to slowly recover in the remaining months this year, boosted by strong demand for food, people working from home, Covid-19-related products, and automobiles and parts.
22-10-2020
Norway, Britain in provisional trade agreement on goods for no-deal Brexit scenario
Norway and Britain have signed a temporary, limited agreement to help maintain trade in goods in case there is no final Brexit trade deal in place by year-end, the Norwegian Industry ministry said on Wednesday.
22-10-2020
Riverview 3Q net profit jumps on higher oil palm prices
Riverview Rubber Estates Bhd's net profit for the third quarter ended Sept 30, 2020 (3QFY20) more than doubled to RM3.7 million, from RM1.8 million a year earlier, on higher oil palm prices.
22-10-2020
Cambodia ready to sign RCEP agreement
22-10-2020
India Pulls out from Regional Comprehensive Economic Partnership – Japan Considers to do Same
India’s pullout from the Regional Comprehensive Economic Partnership (RCEP), like the prior U.S. withdrawal from the Trans-Pacific Partnership, has made a situation for Japan.
22-10-2020
Brazilian soybean crushers not keen on imports despite tariff suspension: sources
Despite the recent import duty suspension by the Brazilian government, soybean crushers are not keen on importing beans and are ready to wait till new Brazilian harvest hits the market in February, market sources told S&P Global Platts on Oct. 21
22-10-2020
EU says Britain must respect withdrawal pact, deal or no deal
Britain must implement the Withdrawal Agreement on its exit from the European Union, regardless of the outcome of ongoing trade talks between the two sides, a senior European Commissioner said on Wednesday.