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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
Senate calls for improved palm oil production, revamp of NIFOR
The Senate on Tuesday called on Federal Government to support improved production of palm oil to meet domestic need of the market and increase exports for forex exchange earnings.
Palm oil futures fall over 1 percent
Malaysian palm oil futures fell over 1% on Monday evening, extending losses into a fourth consecutive session on expectations of sluggish export demand and higher production. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange was down 1.7% at 2,189 ringgit ($524.06) per tonne at the close of trade, its sharpest daily decline in three weeks.
Teresa Kok: Malaysia should tap into huge business opportunity in biomass industry
PUCHONG, Sept 24 — Malaysia should seize opportunities in bio-based business models, namely bio-energy, bio-agricultural, echo-products and bio-chemicals, that are capable of creating a new wave of bio-economy for economic growth.
Greenpeace: Indonesia has not imposed tough enough penalties for plantation fires
KUALA LUMPUR/JAKARTA: Indonesia has not imposed serious enough penalties on pulpwood and palm oil firms that had large fires on their land from 2015 to 2018, and more fires on some of those farms also polluted the region's air quality this year, Greenpeace said on Tuesday.
Unfair to blame palm oil industry for haze, says Teresa Kok
PUTRAJAYA: It is unfair to keep blaming the palm oil industry for the haze, as many companies adhere to sustainable agriculture standards, says Teresa Kok.
Indonesia government considering harsher punishments for forest burners
JAKARTA: Indonesian authorities are studying a plan to mete out harsher penalties to companies found burning forest and peat land, an environment ministry official said, as the country faces its worst forest fires and haze problems since 2015.
Malaysian palm futures down 1% on sluggish exports, firm output
KUALA LUMPUR Malaysian palm oil futures fell over 1% on Monday evening, extending losses into a fourth consecutive session on expectations of sluggish export demand and higher production.
Palm oil industry is highly sustainable
PUTRAJAYA: Despite criticism on one of the country’s prized commodities, Teresa Kok said Malaysia will not waver in its commitment to show the world that the palm oil industry is highly sustainable.
Minister: Govt has adopted policies to ensure sustainable oil palm cultivation
PUTRAJAYA: Malaysia has adopted several key policies to ensure sustainable oil palm cultivation, including capping the total of oil palm cultivated area to 6.5 million hectares, said Primary Industries Minister Teresa Kok (pic).
