Berita Arkib

Protected forest areas will grow by up to 10% under new rules to stop deforestation, the palm oil industry watchdog said on Tuesday, which is working to make the edible oil greener.

Acting Aceh governor Nova Iriansyah has lashed out at the notion that oil palm plantations in the province contributed to environmental degradation, saying it was impossible for Acehnese farmers to harm the environment.

OCBC Bank economist Howie Lee is bullish on world pricing on petroleum and palm oil, as supply is slowing while demand for the commodities remain firm.

Palm oil may break a resistance at RM1,984 per tonne, and rise to RM2,001, as suggested by a projection analysis and the hourly MACD.

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The Indonesian Palm Oil Producers Association (Gapki) has said that crude palm oil (CPO) exports fell significantly in April, as destination countries had started introducing regulations that were prohibitive toward Indonesia’s main export commodity.

Malaysia will submit a complaint to the World Trade Organisation (WTO) by November to challenge the European Union's restrictions on palm biofuel, according to Primary Industries Minister Teresa Kok Suh Sim.

India's palm oil imports dropped 16% in June from the previous month, while overall edible oil imports declined by about 9%.

Palm oil may rise to RM1,966 per tonne, as it could have bottomed around a support at RM1,929.

• Impact of crisis has been disastrous, agriculture company says • Majority of CDC’s 22,000 workers has abandoned plantations

The Indonesian Palm Oil Association (Gapki) pointed to a decline in Indonesia's palm oil exports, pressured by unfavorable regulations in some export destination countries

Imports of a "green fuel" source may be inadvertently increasing deforestation and the demand for new palm oil, a study says.