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Countless readers of The Hindu BusinessLine are once again being misled to believe that palm oil is detrimental to heart health. The publication ran an article by Balram Bhargava and Prabhkaran Dorairaj claiming, “Both past research and new evidence point to the ill effects on populations.” This statement is not just grossly inaccurate. It does an extreme disservice to the Indian population now experiencing an apparent uptick in cardiovascular disease.

THE government is planning to publish concession maps on oil palm acreage to the public to ensure transparency in the industry, said Malaysia Palm Oil Certification Council (MPOCC).

Malaysian palm oil rose more than 1% on Monday, recovering from the previous session's sharp fall, supported by concerns over shortfall in supplies and tracking gains in rival soyaoil prices. The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange closed up 33 ringgit, or 1.2%, at 2,878 ringgit ($690.17). It fell 1.3% on Friday on profit-taking and a stronger ringgit.

Indonesia, the world’s top palm oil producer, has disbursed funds to replant 93,702 hectares (231,543 acres) of palm plantation area as of Dec. 10 and is behind schedule, according to the country’s palm fund agency

BUENOS AIRES, Dec 16 (Reuters) - The increase in grains export taxes announced by Argentina over the weekend will weigh on soy, corn and wheat exports as growers cut risks to compensate for lower profits expected to be caused by the new levies, farmers told Reuters on Monday.

Washington - December 16, 2019 (Investorideas.com Newswire) A network of NGOs from Korea and Indonesia filed a complaint against Posco International, a Korean multinational, at the Organization of Economic Cooperation and Development (OECD) last week. The complaint alleges that environmental and social abuses linked to Posco and two of its Korean financiers, the Korean National Pension Service (NPS) and the Export-Import Bank of Korea (KEXIM), violate the OECD Guidelines for Multinational Enterprises.

The safeguard duty was imposed on August 26 on RBD palmolein, primarily imported from Malaysia India’s import of refined edible oil has declined by a little over 50 per cent in the past two months, after the Union government imposed a 5 per cent “safeguard duty” in response to pleas from the processing industry.

Industry players said the WPT seemed applicable given that the crude palm oil (CPO) spot prices would likely exceed RM2,500 per tonne this month, while the CPO futures prices have rallied to trade above the RM2,800-per-tonne level.

Thailand looks poised to improve free trade agreements (FTAs) under the Asean framework next year, aiming to extend tariff cuts to cover more products, particularly sensitive items

The trade spat between the US and China turned out to be a double-edged sword for the commodities in 2019 be it palm oil, rubber, tin or gold as it catalyses the ‘yin and yang’ in the sector.

India’s palm oil imports fell 3 per cent in November from a year ago to the lowest level in 17-months, a leading trade body said on Friday, as refiners curtailed purchases of refined palm oil from Malaysia fearing a hike in import tax.

Malaysia, the world’s second-largest grower of palm oil, plans to publish concession maps and make them accessible to the public, according to the Malaysian Palm Oil Certification Council.