Berita Arkib

A European-based lawyer has urged the palm oil industry to consider bringing the ‘palm oil-free’ or ‘no palm oil’ claims on food products before selected EU Member States’ courts or administrative authorities, saying they are illegal under EU law under multiple interpretative lenses and legal instruments.

Malaysian palm oil futures rose on Friday, tracking higher crude and soybean oil prices, but the contract was still on track to snap its sixth straight week of gains.

The U.S. ambassador to Mexico appeared to question whether it was a good time to invest in Latin America’s No.2 economy on Thursday, just days before a new North American trade agreement takes effect, although he later walked back the comments

TH PLANTATIONS Bhd’s net loss widened to RM11.53 million in its first quarter ended March 31, 2020 (1Q20), from a net loss of RM8.09 million a year ago, due to unrealised foreign-exchange loss, higher finance cost and fair value change in biological assets

Indonesia is seeing greater exports of palm oil-derived oleochemical products such as soap glycerine noodles as a result of Covid-19, and expects the B30 biodiesel mandate to help sustain the industry.

With demand for crude oil dropping sharply, leading to a steep fall in crude oil prices, the viability of the biodiesel business has also weakened significantly, putting both Malaysia and Indonesia’s biodiesel mandates under pressure.

Malaysian palm oil futures fell for a second straight session on Thursday, after crude prices plunged overnight and as investors awaited export data.

The Pongo Alliance, an alliance of oil palm growers, businesses and conservation practitioners, is developing guidelines for best management practices (BMP) to support sustainable palm oil production that includes safe spaces for wild orangutans outside of the protected areas.

Indonesia and 14 other negotiating countries agreed Tuesday to sign the Regional Comprehensive Economic Partnership (RCEP) this year to help their economies recover from the pandemic-induced downturn.

Oil futures traded lower in Wednesday’s early trade after US crude stockpiles grew more than expected, adding to worries about oversupply.

With demand for crude oil dropping sharply, leading to a steep fall in crude oil prices, the viability of the biodiesel business has also weakened significantly, putting both Malaysia and Indonesia’s biodiesel mandates under pressure.

Malaysian palm oil futures fell for a second straight session on Thursday, after crude prices plunged overnight and as investors awaited export data.