Archived News
13-06-2019
Palm oil firms tackling deforestation seen giving better returns
Investors in the palm oil industry are better off buying shares of companies that have been certified as sustainable producers, according to a Washington-based consultancy.
13-06-2019
Indonesia to make moratorium on new forest clearance permanent: Minister
Indonesia's moratorium on new forest clearing for palm plantations or logging operations, which has been regularly extended since 2011, will become permanent, the environment minister said on Wednesday (Jun 12).
13-06-2019
“Alarmingly low†sustainable, responsible and no-deforestation imports for soy and palm oil in EU, claims report
Europe is “dangerously behind†when it comes to meeting its responsible sourcing and no-deforestation pledges, according to sustainable trade initiative IDH
13-06-2019
Palm oil sees first gain in three days
Malaysian palm oil futures climbed more than 1% on Tuesday, recovering from two previous sessions of sharp declines on expectations of upbeat official industry data due later this week. The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange was up 0.7% at 2,007 ringgit ($482.34) per tonne on Tuesday evening, charting its first gain in three days.
13-06-2019
Palm tracks soyoil weakness to hit lowest level in a month
KUALA LUMPUR (June 12): Malaysian palm oil futures fell by more than 2% on Wednesday to hit their lowest levels in a month, triggered by weakness in U.S. soyoil prices on the Chicago Board of Trade.
12-06-2019
Malaysian palm oil price sees first gain in 3 days
KUALA LUMPUR: Malaysian palm oil futures climbed more than 1% on Tuesday, recovering from two previous sessions of sharp declines on expectations of upbeat official industry data due later this week.
12-06-2019
Planters’ earnings outlook still uninspiring
PETALING JAYA: The earnings outlook for most plantation companies will likely remain uninspiring in the second quarter of this year.
12-06-2019
CPO price in 1Q drags plantation segment
DESPITE the stabilising palm oil demand from the domestic market and recovery in the commodity’s price, the plantation segment on the local bourse had reported a lower quarterly results for the first quarter of 2019 (1Q19).
12-06-2019
Indonesia aims to double trade with Chile under new partnership
JAKARTA, June 11 (Reuters) - Indonesia aims to double trade with Chile under their comprehensive economic partnership agreement (CEPA) which will come into operation in mid-August, Trade Minister Enggartiasto Lukita said on Tuesday.
12-06-2019
Refined soya oil futures gain 0.3% on spot demand
Refined soya oil prices rose 0.3 per cent to Rs 746.5 per 10 kg in futures trade Tuesday as speculators raised their bets amid upsurge in demand at the spot market.
12-06-2019
Korea, UK Agree on 'No Deal' Brexit FTA
Korea has in principle signed off on a free trade agreement with the U.K. in case the island country crashes out of the EU without a deal.
11-06-2019
Malaysian palm oil price drops nearly 2% to one-month low
KUALA LUMPUR: Malaysian palm oil futures fell nearly 2% on Monday to their lowest in a month, weighed down by losses in soyoil on the U.S. Chicago Board of Trade (CBOT) and weaker export demand.