Archived News
01-08-2019
Crude palm oil at 10-year low, volumes up: Sri Lanka's Carsons
Sri Lanka's Carsons Cumberbatch Plc, which owns oil palm farms in Malaysia and Indonesia and processing plants, said bumper harvests boosted volumes but prices fell to a 10 year low in late 2018.
31-07-2019
Malaysia could replace Indonesia as top palm oil supplier to India
Malaysia is set to replace Indonesia as the top palm oil supplier to India in 2019 as New Delhi has been charging lower import tax on refined palm oil shipments from Malaysia, giving Kuala Lumpur an edge over Jakarta, trade officials said.
31-07-2019
Palm oil prices to rise to 2,200 rgt/T by Sept - analyst Mistry
Malaysian palm oil futures are forecast to rise to 2,200 ringgit ($534) a tonne by September as crop production rests in between high cycles, according to forecasts by analyst Dorab Mistry, before falling to 2,000 ringgit as stocks rise.
31-07-2019
UPDATE 1-Palm oil prices likely to recover in H2 2019 - analyst Mielke
Palm oil prices are likely to recover in the second half of 2019, helped by a slowdown in production growth and rising demand from the biodiesel industry, leading industry analyst Thomas Mielke said on Tuesday.
31-07-2019
Technology Startup Creates Lab-Grown Palm Oil
Green startup C16 Biosciences has developed a lab-grown alternative to palm oil
31-07-2019
Anti-palm oil lobbies bending the EU’s will
Some EU lobbies are protecting unsustainable industries at the expense of free trade, citizen interest and poverty alleviation.
31-07-2019
Indonesia Fights Fires in Palm-Growing Regions to Prevent Deadly Haze
Indonesia is stepping up efforts to prevent a repeat of haze that blanketed much of Southeast Asia four years ago by deploying thousands of firefighters and emergency response teams in its main palm oil- and rubber-producing regions.
31-07-2019
Progress and preservation: Dayaks in palm oil country hold on to traditions
The indigenous Dayak people of Kalimantan, Indonesia are working with an agribusiness giant to retain their time-honoured customs and practices while expanding the local economy.
31-07-2019
BIZ-AGRI-MALAYSIA-PALMOIL
India is likely to import 2.5 million tonne palm oil from Malaysia following its 5 per cent preferential duty on the edible oil, Malaysian Palm Oil Council CEO Kalyana Sundram said here.
31-07-2019
Extreme weather hurting crop output in Asia-Pacific
Thai rice shipments, Indian sugar production hit; next 3 months crucial to palm oil output
31-07-2019
IndoAgri sinks deeper into the red with Q2 loss of $21m
Weak commodity prices and lower contributions from its plantation division dragged mainboard-listed Indofood Agri Resources (IndoAgri) deeper into the red for its fiscal second quarter
29-07-2019
MSPO certification increasingly recognised, will help drive palm oil prices higher, says Teresa Kok
The Malaysian Sustainable Palm Oil (MSPO) certification has received international recognition that will push local palm oil prices higher.