Archived News
16-12-2019
Malaysia raises export tax for crude palm oil for first time in over a year
Malaysia has raised its export tax for crude palm oil for January, for the first time in one-and-a-half years, the Malaysian Palm Oil Board’s website said on Friday, citing the national customs department.
16-12-2019
Indonesia and India seek new strategy to reach trade target
Indonesia and India are working to find a new strategy to achieve a bilateral trade target of US$50bil within the next five years, Foreign Minister Retno Marsudi on Sunday (Dec 15) said as she sought to strengthen Indonesia’s palm oil exports to India.
16-12-2019
India palm oil importers will return to Malaysia by mid-January, expert predicts
Indian importers will return to the Malaysian market in full strength by mid-January next year because of the anticipated lower production the next quarter, says a palm oil industry expert.
16-12-2019
KL to boost transparency of oil palm growers
Malaysia, the world's No. 2 grower of oil palm, plans to publish concession maps and make them accessible to the public, according to the Malaysian Palm Oil Certification Council (MPOCC).
16-12-2019
Indonesia Files WTO Lawsuit Against EU Over Palm Oil Limits
Indonesia has taken legal action against the European Union over stricter limits on how palm oil can be used in green fuels, marking a further deepening in trade tensions.
16-12-2019
Only 7.9% of private oil palm plantations in Perak are registered with MSPO, says Kok
Only 7.9% of private oil palm plantations in Perak are registered with the Malaysia Sustainable Palm Oil (MSPO) standard, says Teresa Kok.
16-12-2019
Indonesia urged to follow 'game-changer' Malaysia on palm oil maps
Environmentalists on Friday urged Indonesia, the world’s top palm oil grower, to follow the lead of rival producer Malaysia by allowing plantation and land maps to be made public to help fight deforestation and forest fires.
13-12-2019
Can Palm Oil Demand Be Met Without Ruining Rainforests?
Palm oil is one of the world’s most widely used and controversial commodities. Cheap, efficient and extraordinarily versatile, it’s found in thousands of everyday products, from cookies to shampoo to fue
13-12-2019
BCP diesel products get upgrade to Euro 5
This move aims to tackle ultra-fine dust particles, known as PM2.5, as the hazardous miasma has recurred in metropolitan areas this month.
13-12-2019
RSPO can now publish member palm oil concession maps for all of Malaysia
The Roundtable on Sustainable Palm Oil (RSPO) has been given permission by the Malaysian government to publish the maps of members’ oil palm concessions in Peninsular Malaysia and Sarawak.
13-12-2019
S.Korea's SK Chemicals explores biodiesel use in shipping fuel for IMO 2020
SK Chemicals , South Korea’s top biofuel maker, has started tests on blending its biodiesel with petroleum-based fuels to create low-sulphur marine oil that will comply with new green shipping fuel rules set to kick in within weeks.
13-12-2019
India switches to sunflower oil as palm oil imports fall on soaring prices
Palm oil has soared more than 50% since middle of July on concerns about falling output & growing demand for biofuel, making shipments expensive.