Latest News

MARKET DEVELOPMENT
17-01-2023

MPOB denies red tape is reason for delay in fruit dealer’s licence renewal

16/01/2023 (The Sun Daily), Kuala Lumpur - The Malaysian Palm Oil Board (MPOB) has denied allegations of bureaucracy bogging down the licensing renewal process for oil palm fruit dealers (DFs), noting that the process would be immediate if there have been no changes to the business entity or the ownership of the premises licensed.

MARKET DEVELOPMENT
17-01-2023

Palm oil board denies red tape delaying dealers’ licence renewal

16/01/2023 (The Malaysian Insight) - THE Malaysian Palm Oil Board (MPOB) has denied allegations of bureaucracy bogging down the licence renewal process for oil palm fruit dealers (DFs), noting that the process would be immediate if there have been no changes to the business entity or the ownership of the premises licensed.

MARKET DEVELOPMENT
17-01-2023

Supply, price of cooking oil to stabilise once labour shortage resolved

15/01/2023 (The Star Online), Johor Bahru - The supply of cooking oil and pricing issues are expected to stabilise after the plantation industry players have resolved the problem over foreign labour shortage.

OILS & FATS
17-01-2023

Vegetable Oil Is Gaining Traction As A Biofuel

17/01/2023 (Yahoo Finance) - Interest in biofuels has exploded in recent years, and as governments pursue both energy security and lower emissions, that interest is only rising. Following a flurry of new climate policies worldwide, energy companies are looking to reduce their emissions while ensuring the stability of their legacy businesses. Meanwhile, countries around the world are looking for energy sources that can be secured domestically. The U.K. and Mexico are two such countries, with both of them now looking to vegetable oil as a potential energy source for heating and transport.

MARKET DEVELOPMENT
16-01-2023

Strategy to fight anti-palm oil lobby with Indonesia will put pressure on EU

16/01/2023 (New Strait Times), Bangi - The strategic cooperation with Indonesia to fight the anti-palm oil lobby will be able to put pressure on the European Union (EU), said Malaysian Palm Oil Board (MPOB) director-general Datuk Dr Ahmad Parveez Ghulam Kadir.

MARKET DEVELOPMENT
16-01-2023

Beware unexpected effects of palm oil export ban, say experts

15/01/2023 (Free Malaysia Today), Petaling Jaya - A veiled threat of a ban on palm oil exports to the European Union may well backfire, bringing with it unintended consequences, say economists.

MARKET DEVELOPMENT
16-01-2023

EXPLAINER-Why Malaysia is considering a ban on palm oil exports to the European Union

14/01/2023 (New Straits Times), Kuala Lumpur - Malaysia, the world's second-largest palm oil producer, on Thursday said it might stop palm exports to the European Union after the bloc imposed additional import restrictions on the edible oil due to concerns over deforestation.

MARKET DEVELOPMENT
16-01-2023

Strategy to fight anti-palm oil lobby will put pressure on EU

16/01/2023 (The Borneo Post), Bangi - BANGI: The strategic cooperation with Indonesia to fight the anti-palm oil lobby will be able to put pressure on the European Union (EU), said Malaysian Palm Oil Board (MPOB) director-general Datuk Dr Ahmad Parveez Ghulam Kadir.

MARKET DEVELOPMENT
16-01-2023

EXPLAINER: Why is Malaysia threatening to stop selling palm oil to the EU?

15/01/2023 (News EU) - Malaysia has said it could stop exporting palm oil to the European Union in response to the bloc passing a new law designed to protect forests by heavily regulating the sale of the product.

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