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Berita Arkib

MARKET DEVELOPMENT  
  16-11-2018

RSPO members agree on new palm oil standard

KOTA KINABALU: The 16th Annual Roundtable Conference on Sustainable Palm Oil has closed its curtains yesterday with over 850 representatives from the global palm oil industry agreeing to a newly ratified and adopted certification standard.

MARKET DEVELOPMENT  
  15-11-2018

Malaysian palm oil/Vegoils: Market factors to watch Thursday Nov 15

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday Nov 15.

MARKET DEVELOPMENT  
  15-11-2018

Malaysian palm oil price falls below 2,000 ringgit for 1st time in 3 years

KUALA LUMPUR: Malaysian palm oil futures fell below the 2,000 ringgit level for the first time in three years on Wednesday, weighed down by losses in related edible oils on China's Dalian Commodity Exchange and lower than forecast year-end inventory levels.

MARKET DEVELOPMENT  
  15-11-2018

Palm oil prices seen recovering, could climb to RM2,500 /T - analyst Mistry

GUANGZHOU, China/ BEIJING (Nov 14): Malaysian palm oil futures are expected to rebound next year after an extended slide through 2018 if an El Nino weather pattern predicted by experts reduces production, industry analyst Dorab Mistry said on Wednesday.

MARKET DEVELOPMENT  
  15-11-2018

Teresa Kok calls for more R&D on oil palm trunk

PUTRAJAYA (Nov 14): The Primary Industries Ministry has called for more research and development (R&D) on Oil Palm Trunk (OPT) as an alternative material for plywood production.

MARKET DEVELOPMENT  
  15-11-2018

Put facts ahead of perception, United Plantations tells EU consumers

KOTA KINABALU (Nov 14): It is important to put facts above perception with regards to the image of palm oil that has been said to be “bad for health” especially among European consumers, says United Plantations Bhd Chief Executive Director Datuk Carl Bek-Nielsen.

MARKET DEVELOPMENT  
  15-11-2018

Malaysia doubles palm oil imports from Indonesia amid high stocks

KUALA LUMPUR (Nov 14): Malaysian palm oil imports from neighbouring producer Indonesia almost doubled in the past month and the import trend looks set to extend throughout November, despite local stocks that are near historical highs, industry sources said.

MARKET DEVELOPMENT  
  15-11-2018

India's 2018/19 vegoil imports seen rising to 15.5 mil T — Malaysian industry body

GUANGZHOU, China/BEIJING (Nov 14): India's vegetable oils imports for 2018/19 are seen at 15.497 million tonnes, up from 15.013 million tonnes a year ago, according to Bhavna Shah, Country Representative in India/Sri Lanka for Malaysian Palm Oil Concil (MPOC).

MARKET DEVELOPMENT  
  15-11-2018

France sets out plans to tackle deforestation

PARIS (Nov 14): The French government on Wednesday set out plans to tackle the problem of deforestation, saying it would look to curb imports of products such as palm oil, soy, and beef which it said contributed to the problem of forest areas disappearing.

MARKET DEVELOPMENT  
  15-11-2018

RSPO proposes new standard for greater smallholder inclusion

KOTA KINABALU (Nov 14): The Roundtable on Sustainable Palm Oil (RSPO) has proposed a new standard exclusively for independent smallholders, to promote greater inclusion into the RSPO system.

MARKET DEVELOPMENT  
  15-11-2018

Palm oil boycott could actually increase deforestation – sustainable products are the solution

Palm oil can be found in food and cosmetics everywhere: in fact, half of the world's population uses palm oil in food. But public awareness about the loss of wildlife through deforestation caused by palm oil crops is growing, and there's mounting pressure on retailers to reduce their sales of palm oil products, or boycott them altogether.

MARKET DEVELOPMENT  
  15-11-2018

FGV, Dalian Commodity Exchange to expand palm oil futures regionally

KUALA LUMPUR: FGV Holdings Bhd and China's Dalian Commodity Exchange (DCE) will work together to expand palm oil futures delivery regionally.