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Malaysia raises palm oil export duty for April
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Middle East conflict boosts demand for alternative fuels
Palm falls on weak rival oils, crude oil prices, April demand concerns
Palm oil industry makes joint call for CSPO support
Sime Darby Plantation Bhd and the European Palm Oil Alliance (EPOA) as well as other industry associations, stakeholder companies and civil society bodies, have issued a joint call to action for all European stakeholders to actively support the sustainable palm oil choice initiative.
Palm Oil Importers Won't Meet Zero Deforestation Goals by 2020
European palm oil importers are unlikely to be able to ensure that the products they sell are “deforestation-free†by the self-imposed goal of 2020, according to analysis by the Palm Oil Transparency Coalition.
Nestle pledges responsible palm oil sourcing — is it progress or greenwashing?
Palm oil is often talked about for its environmental impact as well as omnipresence in everyday food items. Smithsonian Magazine reported in 2016 that although palm oil is the cause of much environmental destruction, it may be better than alternative oil sources. Other plants used for oil cannot produce even a third the amount of oil per acre that does palm oil.
Concerns rise as low palm oil prices may increase use for biofuel
Selling prices for palm oil and diesel fuel have recently converged to the same level, after the former had even been at a lower price for six months.
Agri-commodity sector registers rm52.7b trade value for Jan-Apr
The agri-commodity sector has recorded RM52.7 billion in trade value for the period of January to April this year, said Primary Industries Minister Teresa Kok.
Malaysian palm oil prices pause on expectations of poor export data
Malaysian palm oil futures closed lower on Tuesday, erasing earlier gains which were driven by Chicago Board of Trade (CBOT) soyoil prices and a softer ringgit, as traders responded to speculation of weaker export data.
‘Don’t merely ape the West’
European countries that sell various goods to Malaysia may be asked to stop tarnishing the image of palm oil.
Malaysians should promote benefits of palm oil
Prime Minister Tun Dr Mahathir Mohamad’s statement that global perception of Malaysian palm oil is not fair due to biased reporting on environmental destruction is most timely.
As palm oils get dumped, processors become packers
India’s edible oil security at stake as palm oil imports continue to rise unabated
