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School children in Malaysia are at the center of controversy over palm oil after staging a play that claimed it causes deforestation and the disappearance of thousands of orangutans every year.

Indonesia's is preparing a roadmap to expand the downstream industry for palm oil by 2024 to absorb potential oversupply of the vegetable oil, a senior official at the country's Ministry of Industry said on Thursday.

FGV Holdings Bhd is looking to expand into liquefied natural gas (LNG) following its venture into bio-compressed natural gas (bio-CNG) as the company seeks to monetise tonnes of waste material generated from its palm oil operation

Finnish refiner and renewable diesel producer Neste began a $1.4bn expansion of its Singapore refinery this week, which will increase its renewable fuel capacity by 1.3mn t/yr to 2.3mn t/yr and raise its global output to 4.5mn t/yr by 2022. In this interview, edited for clarity and length, president and CEO Peter Vanacker discusses the expansion and where he sees the renewables market going.

Palm oil prices within the agricultural commodities are trading at multi-week lows. India is the biggest importer of palm oil in the world and much of it comes from Indonesia and Malaysia — the two countries account for 85 percent of the global palm oil produce.

Global food commodity prices saw a slight decline in July, led by lower prices for some cereals, dairy and sugar, more than offsetting firmer prices for meat and oils.

MALAYSIA’S International Trade and Industry Ministry (MITI) and the Primary Industries Ministry (MPI) are working together in seeking dispute settlements on the European Union’s (EU) decision to phase out palm oil imports.

* Market ends around seven-week high as demand supports * Palm oil to peak in 2,076-2,083 rgt/T range -technicals *

I Always feel sad when my country is wrong. That is exactly what happened.

Palm oil is the wonderstuff of fats. It makes our cookies crunchier, shampoo bubblier and lipstick smoother, all for a fraction of the price of other oils.

Indonesia's Palm Oil Association (GAPKI) urged the government to increase import tariffs on dairy products from the European Union in retaliation for the bloc's policies on palm oil.

The government has finally agreed to bear the costs incurred by smallhold farmers for obtaining Indonesia Sustainable Palm Oil (ISPO) certification, a senior minister has said.