Archived News
17-01-2020
Of palm oil tariffs and politics
India's high tariffs were in focus last year when the United States (US) President Donald Trump called New Delhi "the king of tariffs".
17-01-2020
U.S.-China deal could hurt Malaysia palm oil exports to China: Malaysian official
Malaysia’s palm oil exports to China jumped 33.9% in 2019 to 2.49 million tonnes but Beijing’s latest trade deal with the United States could limit gains this year, a Malaysian palm official said on Thursday.
17-01-2020
Stock of imported edible oil in pipelines, at ports falls to multi-year low
The stock of imported edible oils in pipelines as well as on ports fell to the lowest level in the past several years.
17-01-2020
UPDATE 1-Crude palm oil seen capped at 3,300 ringgit for next 6 mths - analyst Fry
Benchmark palm oil prices will not rise above 3,300 ringgit per tonne in the first half of 2020 and the commodity's recent rally has eliminated its competitive edge over rival edible oils, a top industry analyst said on Thursday.
17-01-2020
Bangladesh open to increasing palm oil imports from Malaysia, minister says
Bangladesh is open to increasing palm oil imports from Malaysia if it offers competitive rates, Agriculture Minister AbdurRazzak told Reuters on Thursday.
17-01-2020
Palm Oil Market Size to Reach $147.59 Billion by 2026 | CAGR: 6.7%
The global palm oil market is anticipated to reach USD 147.59 billion by 2026 according to a new study published by Polaris Market Research.
17-01-2020
Negative B20 effects foreshadow B30 problems: Bus operators
Bus operators have complained that 20 percent blended biodiesel (B20) has caused their engines to run poorly, providing a cautionary message for future developments as Indonesia envisions a future with unblended pure biodiesel to fuel vehicles across the country.
17-01-2020
Sime Darby Plantation sells Liberia operations
Malaysia's Sime Darby Plantation, the world's largest palm oil producer by acreage, said Thursday it has sold Liberia operation for a token $1 plus an earn-out payment.
16-01-2020
CPO futures end lower on technical correction, pessimistic exports outlook
Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today on technical correction and pessimistic exports outlook.
16-01-2020
RSPO suspends certification bids for FGV's non-certified units
The Roundtable on Sustainable Palm Oil (RSPO)'s complaints panel has suspended principles and criteria (P&C) certification processes for all of FGV Holdings Bhd's uncertified units, while re-imposing its suspension of FGV's mill unit KilangSawitSerting.
16-01-2020
Malaysia’s palm oil trade meets a Kashmir hurdle
Trade tensions between India and Malaysia have aggravated with the Narendra Modi government’s latest move to restrict palm oil imports from the latter. Mint takes a look at the genesis of the problem and how this is likely to impact trade between the two countries.
16-01-2020
Ling: Govt works hard to promote palm oil
Malaysia is intensifying efforts in promoting palm oil domestically and internationally, to ensure that the oil palm industry continues to become a major contributor to the national economy, Senator Alan Ling said.