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Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
CPO prices seen at RM4,400-RM4,600 on tighter supply
Palm retreats from 21-month high on stock outlook, weak exports
Palm slips over 1% on weaker soyoil, bearish MPOB data
NGOs reject new oil palm plantation in southern Cameroon
KRIBI, Cameroon — Alarm flashed through Cameroon’s conservation community in mid-September, when images of untidy rows of black polythene bags in a freshly bulldozed gash in the rainforest made the rounds of social media. It was soon confirmed that the pictures came from a forest concession adjacent to Campo Ma’an National Park, in the south of the country. A little-known company, Camvert, intends to convert 60,000 hectares (148,000 acres) of forest here into oil palm plantations.
Indonesia launches B30 biodiesel to cut costs, boost local palm oil
Jakarta INDONESIA on Monday launched biodiesel containing 30 per cent palm-based fuel, the highest mandatory mix in the world, in a bid to slash its fuel import bill and boost domestic palm oil consumption.
IOI Corp is now 100% MSPO-certified
KUALA LUMPUR (Dec 24): IOI Corp Bhd said the group is now 100% Malaysian Sustainable Palm Oil (MSPO)-certified across its 84 estates and 14 mills in the country after the group's final estate obtained its certification on Nov 28.
‘Macaques are natural pest control’
GEORGE TOWN: Local scientists have found a “natural mechanism†to cut down the use of pesticides in oil palm plantations.
Palm and PME ride a crest of optimism into 2020
Singapore — Analysts and traders fixated on the elevated crude palm oil stockpile at the beginning of 2019 are left cheering as CPO stocks fell across Malaysia and Indonesia while prices rallied to MR 2,684/mt (US $648/mt) December 4 against MR 2,065/mt at the beginning of the year.
European liquor off the menu in Indonesia as trade row escalates
What started as a spat with the European Union over Indonesian palm oil has escalated into a far broader trade dispute with imported European spirits and now dairy products caught in the crossfire.
Malaysian palm oil slips ahead of Christmas; supply concerns cap losses
[KUALA LUMPUR] Malaysian palm oil futures fell for a second straight session on Tuesday in thin pre-holiday trade, tracking weaker rival oils, although supply concerns and higher biofuel mandates capped the losses.
Jokowi officially launches B30 program at gas station in Jakarta
President Joko Widodo (Jokowi) launched the 30 percent blended biodiesel (B30) program at a gas station in Jakarta, Monday, while highlighting that the measure may help Indonesia save US$4.8 billion in foreign exchange in 2020.
Palm oil diplomacy
ndonesia is stepping up its economic diplomacy in 2020 as trade disputes with the European Union (EU) are poised to escalate. The two sides have traded complaints at the World Trade Organization (WTO) over Indonesia's two main commodities, palm oil and nickel ore, even as they continue talks for a free trade agreement.
