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Malaysia raises palm oil export duty for April
Middle East conflict boosts demand for alternative fuels
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Can palm biodiesel provide quick relief for Malaysia amid Iran war?
Crude palm oil prices forecast to be higher this year
The oil palm industry has played an important role in the economy.
Govt opposes EU Act classifying palm oil as ‘high risk’
The government strongly opposes the European Commission’s Delegated Act which classifies palm oil as “high riskâ€, said Foreign Affairs Minister Datuk Saifuddin Abdullah (pix).
India: February palm oil imports decline by 1.1% as soyabean oil imports jump 65%
The country’s palm oil imports in February dropped 1.1% from a year earlier to 751,703 tonne as soyabean oil imports jumped, the Solvent Extractors Association of India (SEA) said.
Unimech counts on export markets
Unimech Group Bhd , a maker of industrial valves, expects income from exports business to account for more than half of its total revenue by 2020, as higher price of crude palm oil (CPO) drives output in key market Indonesia.
How palm oil sparked a diplomatic row between Europe and southeast Asia
Don’t expect us to continue buying European products,†Malaysia’s former plantations minister Mah Siew Keong told reporters in January last year. His comments came just after he had accused the EU of “practising a form of crop apartheid.â€
M'sia threatens WTO challenge to EU's move to drop palm biofuel
Malaysia on Saturday threatened to bring a World Trade Organisation (WTO) challenge if the European Union goes ahead with recommendations to phase out palm oil from transport fuel used in the bloc.
Palm oil being used as an ecopolitical pawn
Deforestation, loss of bio-diversity, emission of greenhouse gases and global climate change have become the buzz words used by NGOs and other influential parties with self-interest to convince consumers to abandon the use of palm oil and turn instead to alternative vegetable oils such as sunflower, soybean and rapeseed, and thereby save the world from environmental disaster.
Leverage digital platform to meet demands
Leveraging on the digital platform to meet customer demand, Malaysia’s young entrepreneurs who dominated 40% of the country’s population are becoming more powerful in today’s business.
Malaysian palm oil price charts 3rd weekly loss on demand woes
Malaysian palm oil futures charted a third consecutive week of declines on Friday evening on concerns over demand from top buyers China and India, though prices reversed some losses to end the trading day slightly higher.
