Archived News
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.
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.