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CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Malaysia raises palm oil export duty for April
Middle East conflict boosts demand for alternative fuels
Palm falls on weak rival oils, crude oil prices, April demand concerns
Palm oil ticks up from 6-week low on weaker ringgit
KUALA LUMPUR: Malaysian palm oil futures closed higher on Wednesday, after hitting a six-week low in the previous session and snapping five days of losses, supported by a weaker ringgit.
Thailand plans to increase oil palm price support measures
The Thai Government is planning to introduce more measures to shore up domestic oil palm prices on top of the price guarantee scheme.
Palm oil, pineapples threaten Southeast Asia’s indigenous lands
BANGKOK: Palm oil plantations in Indonesia and commercial fruit orchards in the Philippines have uprooted indigenous people and rural communities from their land, despite laws put in place to protect them, human rights groups said.
Palm oil taking a leaf from timber trade on sustainability certification, says Kok
KUALA LUMPUR: Primary Industries Minister Teresa Kok says the palm oil industry is learning from the timber industry in opting for certification of sustainability.
Malaysia-Indonesia officials to meet over oil palm, forest fire
Local palm oil companies with operations in Indonesia have been accused of contributing to the haze problem by allowing open burning on their land MALAYSIAN officials are expected to meet officers from Indonesia next month to discuss issues related to the oil palm industry including allegations that the sector was one of the contributors to forest fires and the ongoing transboundary haze.
Indonesia will not collect palm oil export levies until Jan. 1
JAKARTA (Reuters) - Indonesia will not collect palm oil export levies until Jan. 1, 2020, chief economic minister Darmin Nasution said on Tuesday.
China Imported More Palm Oil Than it Has in Six Years
China imported the most palm oil in more than 6 years last month after the outbreak of African swine fever hurt domestic soybean crushing and the country cut soy imports from the U.S. as their trade conflict escalated.
Palm oil and pulp companies with most burned land go unpunished as Indonesian forest fires rage
Jakarta, Indonesia, 24 September 2019 – Despite the ongoing Indonesian forest fire crisis, no serious civil or administrative sanctions have been given to the ten palm oil companies with the largest areas of burned land from 2015 to 2018, new Greenpeace Indonesia mapping analysis revealed. Furthermore, the Indonesian government has not revoked a single palm oil licence due to forest fires.
MPOB to kick-start biojet fuel research, seeks RM5m from govt
The project, which is expected to start in 1H20, will include a pilot plant for the blended fuel, says MPOB DG THE Malaysian Palm Oil Board (MPOB) could partner firms from Japan, China and the US to develop palm-based jet fuel using byproducts from the country’s second-biggest export commodity.
