Archived News

The Chinese Academy of Tropical Agricultural Sciences has selected the first oil-producing palm tree species for mass production in China.

Developing nations Indonesia, Malaysia and Colombia via the Council of Palm Oil Producing Countries (CPOPC), are once again urging the EU to refrain from legislating a ban on palm biodiesel.

Political instability and a dearth of resources is affecting Brazil’s ability to regulate its soybean sector, an investigation by Aarhus, Denmark-based aquafeed firm BioMar has found.

KUALA LUMPUR: Malaysians should unanimously back the country’s golden crop and fight the anti-palm oil campaigns, says Primary Industries Minister Teresa Kok Suh Sim.

PETALING JAYA: The prospect of palm oil purchases to be included as part of the East Coast Rail Link (ECRL) renegotiation deal between Malaysia and China will be a boon for the local commodity’s outlook this year, say analysts.

KUALA LUMPUR (Reuters) - Malaysia's state palm oil plantation agency, the Federal Land Development Authority, is seeking 6 billion ringgit ($1.5 billion) from the government to help turn itself around, Bloomberg reported on Tuesday.

Jakarta. Indonesian President Joko "Jokowi" Widodo and Malaysian Prime Minister Mahathir Muhammad have sent a scathing joint letter to the European Union, conveying grave concerns from the two countries over an EU plan that would effectively ban palm oil fuel in its member states over the next decade. The letter comes with a threat of trade retaliation against the plan.

KUALA LUMPUR (April 9): The Council of Palm Oil Producing Countries (CPOPC) strongly opposes the Delegated Regulation Supplementing Directive 2018/2001 of the European Union Renewable Energy Directive II (Delegated Act), which classifies palm oil as unsustainable.

SINGAPORE (Apr 9): OCBC Investment Research continues to rate the soft commodities sector “neutral” despite the renewal of interest in the sector and higher forecast of the year’s price to close.

WASHINGTON, D.C., U.S. — Ukrainian farmers are expected to plant less soybeans in the 2019-20 market year due to changes in national tax legislation that make them less profitable, according to the Oilseeds and Products Annual released by the Foreign Agricultural Service of the U.S. Department of Agriculture.

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday April 9.

LONDON: Malaysian students abroad will be engaged as palm oil ambassadors in a sustained drive to counter the ongoing campaign against palm oil.