Archived News
04-12-2019
Indonesia aims to start making green diesel in 2022
[JAKARTA] Indonesia plans to start producing green diesel from palm oil in 2022, with output estimated at 3.7 million kilolitres, a senior official in the Energy and Mineral Resources Ministry said on Tuesday.
04-12-2019
Sabah woos Japanese biofuel company
KOTA KINABALU (Dec 3): Sabah is going all out to woo Japanese companies in teaming up with the state to capitalise on the latter’s fledgling palm oil industry.
04-12-2019
RSPO board of governors appoints Bakhtiar Talhah as interim CEO
KUALA LUMPUR: The Roundtable on Sustainable Palm Oil (RSPO) announced today that its chief operating officer (COO) Bakhtiar Talhah, will assume the role of the interim chief executive officer (CEO), effective today.
04-12-2019
Malaysian palm oil reverses losses
Malaysian palm oil futures reversed early losses on Tuesday, as bargain hunting and costlier rival oils on the Dalian Commodities Exchange supported prices.
03-12-2019
Palm oil's scorching rally about to burn its top customer
Palm oil’s meteoric rally in the past few weeks will almost certainly come with a cost -- shrinking sales to its largest customer.
03-12-2019
No more time extension for sustainable palm oil certification
PUTRAJAYA: The Malaysian Palm Oil Board (MPOB) has warned oil palm growers that they face a fine and run the risk of losing their licences to sell fresh fruit if they fail to obtain the Malaysian Sustainable Palm Oil (MSPO) certification by Jan 1.
03-12-2019
Certified palm oil could trade in higher prices
INDUSTRY players could see an increase in trading prices for Malaysian Sustainable Palm Oil (MSPO)-certified palm oil as the government sets a mandatory standard beginning 2020.
03-12-2019
Govt likely to allow import of refined edible oils in 5-kg packs
NEW DELHI – The government may allow import of refined edible oils in 5-kg consumer packs, a source close to the development said today.
03-12-2019
No more new oil palm plantations, focus is on conserving environment’
KUCHING: Chief Minister Datuk Patinggi Abang Johari Tun Openg said the Sarawak government will no longer approve the opening of new oil palm plantations, as part of efforts to convince the European Union (EU) that the state is serious in conserving its environment.
03-12-2019
Palm edges lower on dim exports outlook, profit-taking
SINGAPORE: Malaysian palm oil futures closed lower on Monday, slipping from a two-year high hit in the previous session, as lacklustre export data clouded outlook and traders locked in gains.
02-12-2019
VEGOILS-Palm falls 1.3% on lacklustre export outlook, profit-taking
Malaysian palm oil futures fell more than 1% on Monday, after hitting a two-year high in the previous session, as lacklustre export data clouded outlook and as traders booked profit
02-12-2019
Loss-making Liberia, low CPO prices drag Sime Darby Plantation’s 3Q19 profit
SIME Darby Plantation Bhd posted a net profit of RM32 million for the third quarter ended September 2019 (3Q19) as the upstream division delivered a lower operating profit while Liberia’s losses widened.