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Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
CPO prices seen at RM4,400-RM4,600 on tighter supply
Palm retreats from 21-month high on stock outlook, weak exports
Palm slips over 1% on weaker soyoil, bearish MPOB data
France’s palm oil tax saga continues
French NGOs and multinational oil and gas company Total continue their arm-wrestling over the tax status of palm oil used in crop-based biofuels. EURACTIV France reports.
Energy Ministry aims to adopt food traceability tech by June
The Energy Ministry is preparing to adopt food traceability technology by June to prove that crude palm oil is locally produced and prevent smuggling from neighbouring countries, aiming to deal with the huge annual surplus.
Ferrero tops WWF list for use of sustainable palm oil
Ferrero, Kaufland, L’Oréal, and Aldi are among the top performers globally when it comes to introducing sustainable, deforestation-free palm oil in their supply chains, according to the World Wildlife Fund (WWF) Palm Oil Buyers Scorecard.
RM5.7bil worth of palm oil ends in a crossfire
KUALA LUMPUR: A brewing diplomatic spat between India and Malaysia has got an unusual victim in the crossfire – palm oil.
Malaysian palm oil dips
Malaysian palm oil futures eased on Tuesday, dragged down by uncertainty over output and concerns about lower exports to major customers China and India.
Ferrero palm oil most sustainable in industry, WWF
The WWF Palm Oil Buyers Scorecard 2020 has ranked Ferrero number one, recognising the consumer goods manufacturer as the most sustainable in the industry for its palm oil supply chain.
Palm oil prices to climb 17.9% in 2020 on tight supplies, biodiesel programmes: Reuters poll
Average palm oil prices will surge 17.9% this year, a Reuters poll of industry participants showed, as reduced output in the first half of the year and higher biodiesel consumption in top producers Indonesia and Malaysia tighten the market.
Preparing land for palm oil causes most climate damage
New research has found preparing land for palm oil plantations and the growth of young plants causes significantly more damage to the environment, emitting double the amount of greenhouse gases than mature plantations.
A boycott is not the answer to palm oil’s environmental problems
Palm oil is a versatile and ubiquitous ingredient, found in several products we consume on a daily basis, like instant noodles, biscuits and cosmetics.
