Latest News

MARKET DEVELOPMENT
01-04-2019

PH, Indo, Malaysia agree to settle palm oil issue

The Philippines and its ASEAN-neighborsâ€“ Malaysia and Indonesiaâ€“ have agreed to form a tri-partite technical working group to address the smuggling and dumping of palm oil into the country to the detriment of local coconut farmers

MARKET DEVELOPMENT
27-03-2019

Malaysian palm oil price falls further on higher output expectations

Malaysian palm oil futures fell for a third consecutive session on Tuesday on expectations of higher output in March.

MARKET DEVELOPMENT
27-03-2019

Adopt standards trialled in Palm Oil Innovation Group

PRIMARY Industries Minister Teresa Kokâ€™s call to manufacturers to add a â€œLove My Palm Oilâ€ label to palm oil products and for Malaysians to consume more palm oil (March 13) is not a solution to the European Unionâ€™s proposed ban on palm oil biodiesel.

MARKET DEVELOPMENT
27-03-2019

Anti-palm oil stance due to economic reasons, not environment â€” Masing

The European Unionâ€™s (EU) argument that planting oil palm destroys forests is misleading and driven by economic reasons, says Deputy Chief Minister Tan Sri Datuk Amar Dr James Masing

MARKET DEVELOPMENT
27-03-2019

Kim Loong's annual, quarterly profit slump on lower palm oil prices

Kim Loong Resources Bhd's net profit fell 83% to RM3.15 million or 0.34 sen per share in the fourth quarter ended Jan 31, 2019 (4QFY19), from RM18.28 million or 1.96 sen per share in the same quarter a year ago, no thanks lower average crude palm oil (CPO) prices.

MARKET DEVELOPMENT
27-03-2019

Wee: Whatâ€™s being done to clear debts of Felda settlers?

MCA president Datuk Seri Dr Wee Ka Siong (pic) (BN-Ayer Hitam) has questioned the government on measures taken to help Federal Land Development Authority (Felda) settlers clear their outstanding debts due to the fluctuating share prices of Felda Global Ventures (FGV) Holdings Bhd.

MARKET DEVELOPMENT
27-03-2019

Wee questions govt on measures taken to help Felda settlers with debts

MCA president Datuk Seri Dr Wee Ka Siong (BN-Ayer Hitam) questioned the government on measures taken to help Federal Land Authority (Felda) settlers settle their outstanding debts due to the fluctuating price of Felda Global Ventures (FGV) Holdings Bhd shares.

MARKET DEVELOPMENT
27-03-2019

Malaysian palm oil/Vegoils: Market factors to watch Tuesday March 26

The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets .on Tuesday March 26

MARKET DEVELOPMENT
27-03-2019

As Palm Oil Production Ramps Up In Africa, Communities Work To Avoid Problems Plaguing Other Regions

For many consumers, palm oil has become synonymous with environmental devastation in Southeast Asia. The industry has brought mass deforestation to the region, shrunk orangutan habitat beyond recognition and compromised local livelihoods. Indonesia, in the process, rose to become the third-largest contributor to greenhouse gas emissions. The Roundtable on Sustainable Palm Oil (RSPO), a partnership between stakeholders in the palm oil industry, such as producers, retailers and NGOs, was created over a decade ago to make the industry more environmentally and socially responsible. It helped, but critics argue the industry is still a long way from sustainable.

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