Berita Arkib

Mixed conditions developed at the wholesale oils and oilseeds market today as select edible oils drifted lower on adequate stocks position while a few others edged up on scattered demand from retailers.

Small palm plantations in Indonesia drew more attention than usual at the opening of the nation’s annual palm oil conference today, as the world’s top palm oil producer seeks to boost overall output by improving smallholder productivity.

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday Nov 2

KUALA LUMPUR: Malaysian palm oil futures rose on Wednesday tracking crude oil gains, but traders said the higher prices were not sustainable due to expectations of strong production numbers for October

KUALA LUMPUR: Bursa Malaysia was among the two worst performing stock markets on Wednesday while key Asian and European bourses trekked high and oil prices climbed.

Dive Brief: The Rainforest Action Network, an environmental group based in San Francisco, says that Nestlé, Mars and Hershey have all broken their commitments to quit using palm oil sourced from rainforests in their products, according to The Guardian.

KUALA LUMPUR: Malaysia's free trade agreement talks with the European Union (EU), which is slated to be renegotiated after a lull of five years, must address trade barriers that discriminate palm oil.

Malaysia-Ghana trade is set to grow further by year-end from US$340 million (RM1.4 billion) in 2016 following the continued bilateral relationships between the two nations, which mainly involved the palm oil industry.

ROTTERDAM, Nov 1 (Reuters) - Palm oil on the European vegetable oils market was offered firmer on Wednesday, tracking gains in Malaysian palm oil futures and because of strength in rival CBOT soyoil.

KUALA LUMPUR (Nov 1): Malaysian palm oil futures rose on Wednesday tracking crude oil gains, but traders said the higher prices were not sustainable due to expectations of strong production numbers for October

For both food and consumer packaged goods (CPG) companies worldwide, palm oil has proven to become one of the largest headaches within their supply chains. Many of these problems have been found with palm oil growers, producers and suppliers, as many NGOs have accused them of multiple human rights violations and unchecked deforestation.

Palm oil imports to Russia totaled 79.2 KMT in September 2017, or almost 24.3% more than in the previous month (63.7 KMT). However, the purchases are down 11.7% from the same time last year (89.7 KMT). In addition, palm oil imports hit a three-year low.