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I drove past this sprawling palm tree estate this weekend and as always, it evoked tears…

Jurin Laksanawisit, Deputy Prime Minister and Minister of Commerce, chaired the meeting to follow up on the performance of government officials in Ranong, as well as to look at the needs and problems of the private sector there.

Malaysia has returned to being on good terms with China and India since the Perikatan Nasional (PN) government took charge, says Foreign Minister Datuk Seri Hishammuddin Hussein.

Deputy Minister of Primary Industries and Commodities Datuk Seri Dr Wee Jeck Seng hopes that locals will take up jobs in the oil palm industry to reduce the issue of labour shortage in the industry, amidst the Covid-19 pandemic.

Malaysian palm oil futures fell 2.5% for the week after a volatile session on Friday, closing lower on a likely plunge in August exports so far.

Higher consumer demand for sustainable palm oil propels producers to pursue ecolabels, according to the Roundtable on Sustainable Palm Oil Production, or RSPO.

JAKARTA, investor.id – Asosiasi Produsen Biofuel Indonesia (Aprobi) menyebutkan, pemerintah dan semua pemangku kepentingan bertekad untuk meneruskan program mandatori pencampuran biodiesel 30% (B30), meskipun harga minyak bumi terus merosot dan pandemi Covid-19 berpotensi makin mengurangi penggunaan biodiesel di pasar domestik. Pada Maret 2020, konsumsi biodiesel di pasar domestik masih sebesar 784.266 kiloliter (kl) namun pada Juni turun menjadi 643.602 kl.

Indonesia, the biggest palm oil producer in the world, saw production and exports of the commodity contract in the first half of the year due to economic impacts of the pandemic as well as rolling impacts of drought and a price crash in previous years, the industry association has stated.

KUALA LUMPUR: Malaysian palm oil futures climbed nearly 3% on Thursday, tracking gains in Dalian and CBOT rival oils, while lower Indonesia production also lifted sentiment.

In the futures market, crude palm oil (CPO) for August delivery touched an intraday high of Rs 751 and a low of Rs 741 per 10 kg on the MCX

KUALA LUMPUR: Pure upstream plantation companies under Hong Leong Bank Bhd's coverage will likely report better year-on-year (YoY) performances in their upcoming quarterly financial results.

InfoSAWIT, JAKARTA – Konsumsi minyak sawit dalam negeri bulan Juni 2020 tercatat masih lebih rendah dibandingkan dengan bulan Mei 2020, ditengarai kondisi disebabkan adanya penerapan kebijakan Pembatasan Sosial Berskala Besar (PSBB) di sejumlah wilayah di Indonesia.