Archived News
03-05-2019
India increases duty on palm oil imports
NEW DELHI: The Indian government has increased import duty on crude palm oil (CPO) by US$5 per tonne and on refined, bleached and dried (RBD) palm olein by US$9 per tonne.
03-05-2019
Teresa Kok takes on S'pore Zoo over anti-palm oil sentiments
Primary Industries Minister Teresa Kok today expressed her disappointment over negative palm oil sentiments having also taken root in Singapore.
03-05-2019
Indonesia: Crude Palm Oil Export will carry no Tax for May
Indonesia’s trade ministry has decided to hold zero percent export tax for crude palm oil (CPO) and 5 percent for cocoa for next month’s shipment, director general for foreign trade of the trade ministry Oke Nurwan said.
03-05-2019
Teresa Kok : Take advantage of CPO export duty exemption
SINGAPORE (May 2): Primary Industries Minister Teresa Kok has urged exporters to take advantage of the seven-month-long extension of the export duty exemption on crude palm oil (cpo) from May 1, 2019
02-05-2019
India raises base import price of crude palm oil by US$5/T
MUMBAI: India raised the base import price of crude palm oil by $5 to $545 per tonne, the government said in a statement on Wednesday.
02-05-2019
Palm oil falls to 6-week low on bearish outlook for stocks
KUALA LUMPUR: Malaysian palm oil futures fell to its lowest in six weeks on Tuesday, recording a fourth consecutive day of declines, due to a bearish outlook for stocks from a leading palm oil analyst.
02-05-2019
New palm oil MoU with China not extension of previous one under BN
KUALA LUMPUR: The memorandum of understanding (MoU) on China's import of an additional 1.9 million tonnes of palm oil from Malaysia, which was signed on April 25 this year, was not an extension of the old one inked on Nov 23, 2015.
02-05-2019
Crude palm oil export duty deferred until Dec 31
SANDAKAN (May 2): Malaysia has deferred its export duty on crude palm oil until Dec 31 this year, Primary Industries Minister Teresa Kok Suh Sim said.
02-05-2019
Palm oil's potential to alleviate poverty depends on where it's grown
Expansion of oil palm production in remote forest areas requires careful planning and evaluation if the communities are to benefit, according to a report by researchers at the University of Kent.
02-05-2019
Olam joint venture in Gabon gets sustainable certification for oil palm plantation
SINGAPORE - Olam International's joint venture with the Republic of Gabon has received the Roundtable on Sustainable Palm Oil (RSPO) certification for its Mouila Lot 3 palm plantation in Gabon, the mainboard-listed global food and agri-business said on Thursday (May 2).
30-04-2019
Malaysian palm oil price hits 1-month low on weaker related oils
Malaysian palm oil futures extended losses on Monday to hit a one-month low, weighed down by weaker related oils and crude oil
30-04-2019
Far East buys oil palm estate from Harn Len
Far East said the exercise is in line with its expansion plan, and would broaden its core income base through increased plantation acreage at a reasonable cost and at a strategic location.