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The palm oil industry has received international negative attention, including consumer boycotts, in recent years for clearing biodiversity-rich tropical rainforests in Southeast Asia in its production process.

Malaysian palm oil futures climbed for a second straight session on Thursday as rival oils rose, although concerns of weak demand capped gains.

Despite weak demand, strong global cues and report of damage to soyabean crops on account of recent heavy rains in Madhya Pradesh lifted soya oil in Indore with soya refined here today rising to ₹870-72 for 10 kg, while soya solvent ruled at ₹810-15

Ministers from 15 Asia-Pacific countries negotiating the Regional Comprehensive Economic Partnership (RCEP) agreement on August 27 said they have made "significant progress" toward the signing of the deal by the end of the year, while whether India will stay on as a member of the framework remains uncertain.

The 8th Regional Comprehensive Economic Partnership (RCEP) Ministerial Meeting was held online on August 27 under the chair of Vietnamese Minister of Industry and Trade Tran Tuan Anh.

KUALA LUMPUR: IJM Corp Bhd managed to eke out a small profit in the three months ended June 30, as construction revenue plunged due to the movement control order (MCO) during the quarter.

JAKARTA, Aug 26 (Reuters) - Indonesia, the world's largest palm oil exporter, plans to finish research into biodiesel containing 40% palm oil by November, the head of the energy ministry's research department said on Wednesday.

JAKARTA, Aug 26 - Malaysian palm oil futures rose on Wednesday, partially recovering from a four-week closing low hit in the previous session on higher soyoils and crude, although weaker August exports capped gains.

NEW DELHI: Consumers may have to pay less for edible oils beginning this festive season because of rising stocks of palm oil in Indonesia and Malaysia along with the expected strong domestic oil seeds harvest by September, industry executives said.

KUALA LUMPUR (Aug 26): Sarawak Oil Palms Bhd's net profit soared by some 23 times to RM38.34 million for the second quarter ended June 30, 2020, compared with RM1.67 million a year ago, thanks to higher average prices of palm products sold and fair value gain on derivatives.

Market rally could be capped by Brazil's expected record-high plantings. There is still mostly dry weather expected for Iowa and much of central Illinois for the next five days.

KUALA LUMPUR: Keuntungan bersih TH Plantations Bhd, syarikat perladangan 74 peratus milik Lembaga Tabung Haji (TH). melonjak kepada RM8.16 juta untuk suku kedua berakhir 30 Jun 2020 berbanding kerugian bersih berjumlah RM19.15 juta yang dicatatkan dalam tempoh yang sama tahun sebelum ini.