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MARKET DEVELOPMENT  
  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.

MARKET DEVELOPMENT  
  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.

MARKET DEVELOPMENT  
  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.

MARKET DEVELOPMENT  
  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.

MARKET DEVELOPMENT  
  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.

MARKET DEVELOPMENT  
  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.

MARKET DEVELOPMENT  
  16-01-2020

India plans more palm oil curbs as Malaysia PM talks tough

After refined palm oil, the government is looking to further step up the heat on Malaysia with a plan to restrict the import of microprocessors amid indications that the trade dispute is unlikely to be sorted out soon as the Southeast Asian nation continues to rile India over Kashmir and the Citizenship (Amendment Act), reports Times of India.

MARKET DEVELOPMENT  
  16-01-2020

Dry Weather Drags Indonesia Palm Reserves Near 8-Month Low

Palm oil stockpiles in Indonesia probably dropped to the lowest in eight months in December after dry weather curbed production in the world’s largest grower.

MARKET DEVELOPMENT  
  16-01-2020

Demand for Palm Oil Rising in Pakistan by 4.5% annually

The Malaysian Minister for Primary Industries Teresa KokSuhSim said that in Pakistan the demand for palm oil has increased at a rate of 4.5% every year for the past seven years.

MARKET DEVELOPMENT  
  15-01-2020

Watchdog head urges palm oil industry to look beyond forests in climate fight

The next big challenge for palm oil growers is to go beyond curbing deforestation and look at how they can slash planet-warming emissions throughout their supply chains, the outgoing head of the industry’s watchdog said on Tuesday.

MARKET DEVELOPMENT  
  15-01-2020

NST Leader: Of palm oil and other crude things

INDIA had issued a notification on Jan 8 placing imports of “refined bleached deodorised palm oil” under its “restricted” list.

MARKET DEVELOPMENT  
  15-01-2020

Dr M: I’ll be firm in speaking out against India

Tun Dr Mahathir Mohamad says he will be firm in speaking out against India despite the country boycotting Malaysian palm oil.