Archived News

The Education Ministry will take action against an international school in Kuala Lumpur for carrying out an activity sowing anti-palm oil sentiment.

BERLIN, July 2 (Xinhua) -- The German government is expecting global palm oil production to grow and is calling for "globally coordinated measures to implement deforestation-free cultivation", according to a response to a parliamentary inquiry first reported on by the German press agency (dpa) on Tuesday.

THE near-term outlook on plantation counters continues to hover in the neutral zone with limited downside risks, after the first half of 2019 (1H19) was marred by high stockpiles and an overall bearish sentiment towards commodities due to a re-escalation of US-China trade tensions and the African swine fever outbreak in China.

MUMBAI: Malaysian palm oil futures rebounded on Monday from their lowest in seven months, following gains in rival soyoil, but an expected rise in output and weak exports capped the upside.

PETALING JAYA: Prices of crude palm oil (CPO), which touched the lowest level in four years, rebounded following news that China will increase its purchase of US soyoil

SINGAPORE (July 2): Palm oil still targets RM1,929 per tonne, as suggested by a projection analysis and a triangle.

Malaysia isn’t the only country pushing harder for biodiesel. Thailand’s energy ministry has plans to move B10 biodiesel into the mainstream to replace the current B7 biodiesel used. Availability of B10 as the primary diesel blend will be made from November, and B7 will be phased out at petrol stations before usage is stopped completely from November 2020, the Bangkok Post reports.

MIRI: Oil palm planters are encouraged to ‘digitalise’ their operations as the technology could drastically help to increase their productivity and revenue.

KUALA LUMPUR (July 1): FGV Holdings Bhd has aborted its plan to jointly develop a model to ensure palm oil sustainability with US consumer goods giant Procter & Gamble (P&G) and five other organisations.

LUCENA CITY, Quezon -- Former House Minority Leader and now Quezon Gov. Danilo E. Suarez on Sunday vowed protection for the coconut industry, as the province continues to claim fame as the country’s “Coconut Capital” by pursuing a resolution he has filed in Congress to scrap palm oil importation and address the declining price of copra and plight of the coconut farmers.

NEW DELHI – Futures contracts of most components in the edible oil basket, barring crude palm oil, edged higher today on the domestic exchanges.

In January-May 2019, Ukrainian agricultural exports increased by 21.4% compared to the same period in 2018 and amounted to USD 8.97 billion, according to Acting Agrarian Policy and Food Minister of Ukraine Olha Trofimtseva.