Berita Arkib

19/10/2022 (The Edge Markets), Kuala Lumpur - Palm oil advanced to the highest intraday level in seven weeks on worries that storms and floods in major growers could disrupt supply, while investors are also on alert for a potential import tax hike in top buyer India.

19/10/2022 (The Sun) - The Malaysian Palm Oil Council (MPOC) has voiced its support for enforcement actions to be taken against supermarkets and outlets displaying and selling products with ‘No Palm Oil’ on their label and packaging.

18/10/2022 (Malaysia Kini) - India is examining whether there is a need to raise palm oil import taxes, government and trade sources said, as part of efforts by the world's biggest vegetable oil importer to help millions of its farmers reeling from lower oilseed prices.

19/10/2022 (The Jakarta Post) - We are now seeing a gradual shift in the global perception of palm oil, which had been blamed as the main driver of deforestation in the past, toward the more balanced view that other vegetable oils and commodities are equally responsible for contributing to climate change and deforestation.

19/10/2022 (The Edge Markets), Kuala Lumpur - Crude palm oil (CPO) futures on Bursa Malaysia Derivatives continued their upward momentum to end higher on Wednesday (Oct 19), on expectation that bad weather would result in lower output of the commodity, a dealer said.

20/10/2022 (Bangkok Post) - The Commerce Ministry plans to ask the cabinet shortly to approve the state-sponsored price guarantee scheme for palm oil farmers for the 2022/23 harvest season, while pledging to support crude palm oil exporters.

18/10/2022 (Reuters), Mumbai /New Delhi - India is examining whether there is a need to raise palm oil import taxes, government and trade sources said, as part of efforts by the world's biggest vegetable oil importer to help millions of its farmers reeling from lower oilseed prices.

18/10/2022 (The Edge Markets), London/Jakarta/New York - Unilever is working with an Indonesian palm oil supplier accused of land-rights abuses and environmental harm to try to fix the problems highlighted by campaign groups and address the grievances of local communities.

18/10/2022 (The Edge Markets), Kuala Lumpur - The Malaysian Oil Scientists and Technologists Association (Mosta) has proposed the establishment of a strategic fund to incentivise productivity improvements, technological developments and innovations across the oil palm industry, including the use of biomass for energy supply.

18/10/2022 (Mongabay), Jakarta - Sustainability commitments and greater scrutiny of supply chains is helping bring down deforestation rates associated with palm oil in Indonesia, a new analysis suggests.

17/10/2022 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures rose for a third consecutive session to its highest in six weeks on Tuesday, helped by the decline in the ringgit and concerns over global edible oil supply.

19/10/2022 (Hellenics Shipping News) - Malaysian palm oil futures jumped on Tuesday to their highest close in almost seven weeks, helped by a weakening ringgit and concerns over global edible oil supply.