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In one of his first interviews since being nominated president of the European council, Charles Michel said Brexit may have played an important role in bringing the EU together.

Malaysian palm oil futures closed higher on Wednesday, supported by bargain buying after the previous session’s losses, although gains were capped by cheaper rivals on the Dalian and a stronger ringgit.

Implementation of Indonesia's plan for biodiesel to contain 30% palm-based fuel is expected to reduce fossil diesel fuel consumption by 165,000 barrels per day (bpd), a senior energy ministry official said on Thursday.

Investors have stampeded into China’s edible oil markets, drawn by the volatility caused by the nation-wide outbreak of African swine fever that curbed oilseed crushing, slashed pork output and forced food courts and restaurants to change up menus

THE government has spent over RM40.1 million on the nation’s palm oil research and development (R&D) programmes between 2016 and September this year.

Palm oil, as the most cost-effective oil would continue to play a pivotal role, says Primary Industries Minister Teresa Kok.

Malaysia’s FGV Holdings Bhd , the world’s largest palm oil producer, on Thursday forecast crude palm oil (CPO) prices in the range of 2,200 to 2,400 ringgit in the fourth quarter due to sustained demand in key markets.

Amid increasing trade tensions between Indonesia and the European Union, European businesses called for constructive dialogue over the contentious issue of palm oil on Thursday as they seek to expand trade and investment in Indonesia.

Malaysia is not only appreciative of the interest shown by South Korea to purchase its palm oil but also counting on the latter to relax its regulation on the import of tocotrienols (vitamin E) which are present in the commodity.

SUBANG, Nov 27 — Unless the government is able to channel palm oil towards food production, there is no future for the industry, former finance minister Tun Daim Zainuddin said today.

Malaysian palm oil futures closed higher on Wednesday, supported by bargain buying after the previous session's losses, although gains were capped by cheaper rivals on the Dalian and a stronger ringgit.

KUALA LUMPUR, Nov. 27 (Xinhua) -- Fitch Ratings said Wednesday that it expects Malaysian benchmark Crude Palm Oil (CPO) prices to average 550 U.S. dollars per ton in 2020, up from around 500 U.S. dollars this year.