Berita Arkib

A key ingredient in everything from beauty products to detergents and even ice cream, palm oil is an important commodity that generates billions of dollars in revenue each year. However, unsustainable palm oil production practices are the root cause of considerable environmental and social risks. Efforts to address issues such as deforestation and human rights violations are on the rise as a result of increasing pressure from consumers and investors, as well as a growing awareness of the threat inaction poses to future business, yet a sustainable palm oil industry is still a long way off.

Palm oil is the most widely consumed vegetable oil in the world, found in everything from chocolate and ice cream to detergent and biodiesel. Walk into a supermarket and you’ll find it in the ingredient list of nearly half of all consumer packaged food items. Globally, it has an estimated turnover of around $40 billion. And the industry is still growing, with demand for palm oil increasing year over year. By 2021, turnover is expected to reach $91 billion.

Indian soyoil futures were set to close lower for a third straight session on Wednesday, tracking rival oils overseas and Malaysian palm oil futures.

BRUNEI Darussalam’s strategic location at the heart of Southeast Asia, good trade relations with its neighbours and peaceful environment, are some of the factors that attracted Marsa Yag Sanayi Ve Ticaret Anonim Sirketi (Marsa), a Turkish-based company to make an investment decision to set up a base in Brunei, Western Foods and Packaging Sdn Bhd (WFP) to manufacture margarine, oil and fats products.

United Malacca Bhd (Dec 19, RM6.50) Revised to market perform rating with a lower target price (TP) of RM6.80 per share: United Malacca Bhd’s (UMCCA) first half of 2018 (1H18) core net profit (CNP) of RM21.4 million came in below both consensus and our forecasts at 27% and 29% respectively, on higher-than-expected unit cost from newly matured areas. An interim dividend of six sen was announced, missing our 23 sen estimate. We reduce our financial year 2018 estimated (E) to FY19E CNP by 12% to 1% and revise our call to “market perform” with a lower TP of RM6.80 (from RM7.15), based on an unchanged 20.4 times forward price-earnings ratio (PER).

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday Dec 20.

KUALA LUMPUR: Malaysian palm oil futures declined on Tuesday evening as high end-stocks and sluggish demand dented sentiment but pared an earlier 1 percent drop.

ROTTERDAM: Palm oil on the European vegetable oils market edged lower on Tuesday ahead of December 1-20 Malaysian palm oil export data due on Wednesday.

KUALA LUMPUR: Palm oil futures declined on Tuesday evening as high end-stocks and sluggish demand dented sentiment but pared an earlier 1 per cent drop.

Neste resumes raw material sourcing from Malaysian palm oil company IOI after approximately 1.5-year-long suspension

NEW DELHI, Dec 19 (Reuters) - Indian soyoil futures were set to close lower on Tuesday, tracking rival oils overseas and Malaysian palm oil futures

Government is expected to distribute one million palm seedlings to illegal miners turned farmers as part of moves to end illegal mining and reclaim sites degraded by activities of illegal miners.