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CPO price forecast to climb for rest of the year
Positive growth for plantation sector, amid rising CPO prices
Global Stearic Acid Prices Climb Amid Palm Oil Shortages and Rising Production Costs
Malaysian palm oil extends losses amid China tariff fears, weak demand
Centre cuts refined soyoil, sunflower oil duty to 12.5%
15/06/2023 (Live Mint) - The government has lowered import duty on refined soyoil and refined sunflower oil to 12.5% from 17.5%, which will come into effect from Thursday, according to a government notification.
Mechanisation rate in palm oil plantations still low - MPOB
13/06/2023 (The Star Online), Kuala Lumpur - The adoption of mechanisation in Malaysia’s oil palm plantations is still relatively low at less than 50 per cent for overall field activities, and less than 15 per cent for harvesting, according to the Malaysian Palm Oil Board (MPOB).
Adding value to palm oil production
13/06/2023 (The Star Online), Kuala Lumpur - Stagnating palm oil production, declining productivity, shortage of talents amid the mounting environmental challenges continue to affect Malaysian planters.
MPOB says Malaysian palm oil not genetically modified but is doing research on it
13/06/2023 (Malay Mail), Kuala Lumpur - Malaysia’s palm oil is not derived from any kind of genetically modified (GM) mechanism, said the Malaysian Palm Oil Board (MPOB).
VEGOILS-Palm oil rangebound as higher May stockpile weighs
13/06/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures edged up on Tuesday in range-trading, with larger-than-expected May inventories pressuring the market.
Govt endeavors to realize child labor-free palm oil plantation program
13/06/2023 (ANTARA News), Jakarta - The Manpower Ministry has encouraged to put an end to child labor in palm oil plantations to realize a child labor-free Indonesia.
Sabah's smallholders take first step towards sustainable oil palm certification
13/06/2023 (The Star Online), Kota Kinabalu - Sabah's oil palm smallholders have begun taking their first step towards sustainability to meet the requirements under Roundtable on Sustainable Palm Oil (RSPO) certification.
First growers’ cooperative receives RSPO certification
13/06/2023 (The Borneo Post), Tawau - Koperasi Landskap Kelapa Sawit Sabah Bhd (LKSS) recently announced a milestone, with 25 members of the growers’ cooperative completing the first phase of their journey to sustainability. The smallholders were awarded Roundtable on Sustainable Palm Oil (RSPO) certificate based on their audits. It was celebrated with the first-ever RSPO certificate handover in a ceremony held here on June 9.
Malaysia's palm oil stocks up 12.6% in May
12/06/2023 (The Star Online), Kuala Lumpur - Malaysia's total palm oil stocks increased 12.6 per cent to 1.69 million tonnes in May 2023 from 1.50 million tonnes in the preceding month.