Archived News
08-09-2020
Colombian palm oil production up 10 percent this year
THE WHAT? Colombia’s palm oil yield is on course to reach 1.65 million tonnes this year, an increase of 10 percent on 2019 figures, according to a report published by Nasdaq.
08-09-2020
Edo government approves 50 hectares for oil palm production
The Edo State Governor Godwin Obaseki has approved 50 hectares of farmland for three international investors for the production of palm oil in the state.
08-09-2020
Obaseki’s Reforms: Okomu to Add 1,250 New Jobs with Roll-out of Smallholder Farmers’ Scheme
Okomu Oil Palm Company Plc. is set to add not less than 1250 new jobs to the Edo State economy with the roll out of a smallholder farmers’ scheme in collaboration with 2SCALE, involving cooperatives, spanning four local government areas in the state, on the back of Governor Godwin Obaseki’s agricultural reforms.
07-09-2020
Palm oil board slams ‘biased’ report by European biologist
The Malaysian Palm Oil Board has accused a Europe-based academic of making unfair and biased criticism of sustainable palm oil certification.
07-09-2020
Rejuvenating oil palm landscape
SIME Darby Plantation Bhd (SDP) and Universiti Malaysia Sabah (UMS) are collaborating on a research programme for a secondary forest located within the Sapong Estate in Sabah.
07-09-2020
Kinerja sektor perkebunan masih bisa tumbuh, ini penjelasan sejumlah analis
Kenaikan harga crude palm oil (CPO) atau minyak sawit mentah menyelamatkan kinerja sektor perkebunan di tengah penurunan permintaan CPO selama pandemi.
07-09-2020
Malaysia’s August palm oil stocks likely 6% higher month on month: CGS-CIMB
Malaysia’s palm oil stocks likely grew 6% month on month, but fell 20% year on year (yoy) to 1.8 million tonnes as at end-August 2020, due mainly to higher output and lower exports, according to survey findings from CGS-CIMB Futures.
07-09-2020
CPO futures to trade lower on weaker demand next week
The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade lower next week on the back of weaker demand.
07-09-2020
First-semester biodiesel consumption reached 4.36 million kl: Ministry
The utilization of biodiesel blended fuels reached 4.36 million kiloliters (kl) until mid-2020, constituting almost 68 percent of last year's total consumption, the Energy and Mineral Resources Ministry stated.
04-09-2020
Legislators view palm oil as strategic commodity for national economy
Jakarta (ANTARA) - Several members of the House of Representatives (DPR), in their statements received by Antara, opined that the palm oil commodity holds strategic value as a source of foreign exchange and to support the national economy.
04-09-2020
CPO futures extends uptrend, hits eight-month high
KUALA LUMPUR (Sept 3): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its upward momentum today, reaching an eight-month high and extending its upward momentum in the last five days.
04-09-2020
U.S. soybean sales to China could lift canola
The market has been waiting for China to live up to its trade deal with the U.S.; analysts think it might be about to happen