Berita Arkib

Investors have stampeded into China’s edible oil markets, drawn by the volatility caused by the nation-wide outbreak of African swine fever that curbed oilseed crushing, slashed pork output and forced food courts and restaurants to change up menus

THE government has spent over RM40.1 million on the nation’s palm oil research and development (R&D) programmes between 2016 and September this year.

Palm oil, as the most cost-effective oil would continue to play a pivotal role, says Primary Industries Minister Teresa Kok.

Malaysia’s FGV Holdings Bhd , the world’s largest palm oil producer, on Thursday forecast crude palm oil (CPO) prices in the range of 2,200 to 2,400 ringgit in the fourth quarter due to sustained demand in key markets.

Amid increasing trade tensions between Indonesia and the European Union, European businesses called for constructive dialogue over the contentious issue of palm oil on Thursday as they seek to expand trade and investment in Indonesia.

Malaysia is not only appreciative of the interest shown by South Korea to purchase its palm oil but also counting on the latter to relax its regulation on the import of tocotrienols (vitamin E) which are present in the commodity.

SUBANG, Nov 27 — Unless the government is able to channel palm oil towards food production, there is no future for the industry, former finance minister Tun Daim Zainuddin said today.

Malaysian palm oil futures closed higher on Wednesday, supported by bargain buying after the previous session's losses, although gains were capped by cheaper rivals on the Dalian and a stronger ringgit.

KUALA LUMPUR, Nov. 27 (Xinhua) -- Fitch Ratings said Wednesday that it expects Malaysian benchmark Crude Palm Oil (CPO) prices to average 550 U.S. dollars per ton in 2020, up from around 500 U.S. dollars this year.

The Roundtable on Sustainable Palm Oil (RSPO) brings producers and processors together with manufacturers, retailers, banks, and NGOs, and has advocated a “multi-stakeholder approach” to reduce the environmental impact of the palm oil industry.

KUALA LUMPUR: Companies that make top brands including Kit Kat chocolate and Dove soap may face fines if they fail to buy more green palm oil under new rules aimed at improving the controversial industry’s environmental sustainability.

NewDelhi — The US agricultural trade surplus in for the 2020 fiscal year that starts in October and ends September 2020 is projected at $7 billion, up 52% year on year, because of increased export value of soybeans, pork and dairy products, according to the USDA.