Archived News
25-07-2019
Palm oil may peak around RM2,038
SINGAPORE (July 25): Palm oil may end its rise around a resistance at RM2,038 per tonne, and then fall towards RM2,001.
25-07-2019
UFOP: France bans palm oil from biofuels, Germany should follow
France is tightening up regulations on the use of palm oil as a feedstock in biofuels production. However, this only applies to palm oil eligibility within France. As a result, biofuels produced in France could push their way onto the EU market, toughening supply and price competition.
25-07-2019
Game of thrones a la Malaysia
As I write this column, I am travelling on a train from Paris to Amsterdam. One of the things I enjoy the most in my post-political life is being to travel freely without having to worry about a phone call with a complaint that a house has burnt down or there is a flood somewhere.
25-07-2019
Palm oil company disputes claims made about its Papua operation
Indonesian logger and palm oil producer, the Korindo Group, is challenging some of the claims by environmental NGO, Mighty Earth.
24-07-2019
Malaysian palm oil price rises to one-month high on stronger related oils
KUALA LUMPUR: Malaysian palm oil futures recovered from earlier losses to rise over 1% on Tuesday, supported by strength in related edible oils and expectations that production gains will not be as high as forecast.
24-07-2019
Ceca deal with India safeguards Malaysian palm oil industry’s interest, says expert
KUALA LUMPUR, July 24 — Malaysia should not be too worried over news reports that India would probably raise the import duty on refined palm oil, given that both countries have signed the Comprehensive Economic Cooperation Agreement (Ceca).
24-07-2019
Palm oil may rise to 2,023 ringgit
SINGAPORE (July 24): Palm oil may rise more to 2,023 ringgit per tonne, as it has cleared a resistance at 2,001 ringgit.
24-07-2019
Palm oil sprouts a budding new trade spat
Indonesia and Malaysia plan to file a joint complaint against the European Union at the World Trade Organization over its decision to phase out palm oil use in biofuels by 2023, a ban that could cost the top two global producers tens of billions of dollars in lost sales.
24-07-2019
Malaysia oil palm planters focusing to boost yield, cut cost
Malaysian palm planters are focusing to boost yields and cut costs to ride out feeble crude palm oil prices that are expected to remain subdued through several months ahead.
24-07-2019
Indonesia palm oil exports seen flat in June, output down –survey
Indonesia’s palm output in June is forecast to fall from a month earlier, while exports will be flat, a Reuters survey of industry groups and researcher showed.
24-07-2019
Marzuki Darusman: Palm Oil Companies Must Focus on Human Rights
Jakarta. The Indonesian Sustainable Palm Oil Law has done much to push the industry towards the United Nations Sustainable Development Goals, specifically on human rights.
23-07-2019
Palm oil price gains on stronger overnight US soyoil
KUALA LUMPUR: Malaysian palm oil futures rose on Monday, tracking overnight gains in U.S. soyoil on the Chicago Board of Trade (CBOT) and supported by expectations that Indian edible oil imports could jump to record levels this year.