PALM NEWS MALAYSIAN PALM OIL BOARD Monday, 25 Nov 2024

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Carian Terperinci

Berita Arkib

OILS & FATS  
  27-09-2023

Indonesia to pursue legal action against palm firms that use land illegally

26/09/2023 (Channel News Asia), Jakarta - Indonesia's government will pursue legal action against palm oil companies that use land illegally if they do not submit required paperwork related to land use by November, a senior minister Mahfud MD said on Tuesday.

MARKET DEVELOPMENT  
  27-09-2023

Palm ends lower on weaker rival oils

27/09/2023 (Business Recorder), Singapore - Malaysian palm oil futures closed lower on Tuesday, amid weakness in rival edible and crude oil, although losses were limited by strong export data.

MARKET DEVELOPMENT  
  27-09-2023

Indonesia plans bio-methane output derived from palm oil to begin 2025

25/09/2023 (S&P Global) Indonesia's state-owned energy company PT Pertamina natural gas subsidy PT Perusahaan Gas Negara TBK(PGN) with three Japanese companies JGC Holdings Corp, Osaka Gas and Inpex Corp have begun a study to commercialize biomethane production from palm oil mill effluent (POME) in Indonesia, according to joint release on September 25.

MARKET DEVELOPMENT  
  27-09-2023

Not the most practical approach: Stricter palm oil regulation will have serius food supply and cost implications - RSPO

27/09/2023 (Food Navigator) – The Implication of stricter regulations for palm oil, one of the food secto’s most essential commodities, will lead to major supply and cost implications in APAC and beyond, say the Roundtable on Sustainable Palm Oil (RSPO).

MARKET DEVELOPMENT  
  27-09-2023

Malaysia: Is boosting palm oil flow to China defeat for EU?

26/09/2023 (DW) - The European Union (EU) intends to phase out imports of palm-oil-based biofuel by 2030 — while deforestation legislation adopted in Brussels earlier this year will impose considerable administrative burdens on palm oil exporters wanting to sell their goods in the bloc.

MARKET DEVELOPMENT  
  26-09-2023

Chin Tong: Dip in Malaysia’s trade due to decline in palm oil, petroleum sectors

25/09/2023 (Malay Mail), Kuala Lumpur - The decline in Malaysia’s trade to RM1.718 trillion for the period January-August 2023, from RM1.869 trillion for the same period in 2022, is due to the depreciation in the commodity sectors such as palm oil and petroleum.

MARKET DEVELOPMENT  
  26-09-2023

DPM Fadillah: Malaysia boosts China palm oil exports under EU pressure

25/09/2023 (Malay Mail), Kuala Lumpur -Malaysia will increase palm oil exports to China by 500,000 tonnes a year as it faces pressure from new European Union restrictions targeting deforestation, a senior minister told AFP today.

OILS & FATS  
  26-09-2023

How to invest in oil palm plantation

25/09/2023 (Business Day) - Oil Palm is native to West Africa. Nigeria used to be the world’s largest producer of oil palm before the oil boom era. Indonesia has now taken over as the top producer and oil palm and allied industries is now the main stay of its economy.

MARKET DEVELOPMENT  
  26-09-2023

VEGOILS-Palm rises on Dalian strength, weaker ringgit

25/09/2023 (Nasdaq), Jakarta - Malaysian palm oil futures opened higher on Monday, tracking gains in rival Dalian oils and helped by a softer ringgit.

MARKET DEVELOPMENT  
  26-09-2023

Malaysian palm oil industry should explore niche markets to capture high market value, says Siti Aminah

25/09/2023 (The Edge Markets), Kuala Lumpur - The country’s palm oil industry is encouraged to explore and expand into niche markets to capture higher market value and targeted coverage.

MARKET DEVELOPMENT  
  25-09-2023

CPO futures likely to trend lower next week

23/09/2023 (The Star Online), Kuala Lumpur - The crude palm oil (CPO) futures on Bursa Malaysia Derivatives are projected to trend lower next week as the weaker soybean oil market on the Chicago Board of Trade (CBOT) continues to dampen sentiment in the palm oil market, said a dealer.

OILS & FATS  
  25-09-2023

Planters’ Association renews call to completely reverse oil palm cultivation ban

25/09/2023 (Daily Mirror Online) - Sri Lanka should look at completely reversing the ban on oil palm cultivation, an effort that, if rolled out properly, will ensure the flourishing of grassroots economies, the Planters’ Association of Ceylon (PA) said.