|
CPO prices seen at RM4,400-RM4,600 on tighter supply
Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
Palm retreats from 21-month high on stock outlook, weak exports
Palm slips over 1% on weaker soyoil, bearish MPOB data
Without EU FTA, Malaysia to lose out — ambassador
KUALA LUMPUR: While the Malaysia-European Union (EU) trade and investment flows have been stable thus far, Malaysia’s trade advantages could decrease in the future, as negotiations on a free trade agreement (FTA) with the bloc remain suspended, says EU ambassador and head of delegation to Malaysia Maria Castillo Fernandez (pic).
MSPO certification authority condemns elephant killing
KUALA LUMPUR: The Malaysian Palm Oil Certification Council (MPOCC) strongly condemns the irresponsible and inhumane torture that lead to the death of a pygmy elephant, in Sabah.
MPOCC condemns brutal killing of bull pygmy elephant
PUTRAJAYA: The Malaysian Palm Oil Certification Council (MPOCC) strongly condemns the irresponsible and inhumane acts against a bull pygmy elephant, a protected species under the Sabah Wildlife Conservation Enactment 1997, which was found dead recently at Sungai Udin in Dumpas, Kalabakan, Sabah, with its tusks removed.
UK prepares final plan for Brexit deal
Fundamental outlook UK Parliament is submitting a final proposal for a Brexit deal to keep Northern Ireland as a single market for trading goods but leaves the customs union. It awaits approval from Brussels.
Report: Finland’s push to use biofuel could cause ‘massive deforestation’
A new report by a Norwegian non-governmental organisation warns that Finland’s biofuel policies, if left unchanged, will likely contribute to massive deforestation.
Large oil palm plantations without cert to face fine and penalty
KUALA LUMPUR: Oil palm estates of more than 40.47 hectares and palm oil mills that fail to obtain the Malaysian Sustainable Palm Oil (MSPO) certification or begin the process of the certification on Jan 1,2020, will be fined and penalised as it is construed as an offence under the Malaysian Palm Oil Board (Licensing) 2005 regulation number 15.
CPO futures to see cautious trading next week
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives are likely to see cautious trading next week, amid the weaker global market, a dealer said.
Imports fell 12.5% in August, exports down 0.8%
KUALA LUMPUR: Malaysian imports fell by the most since 2009 in August as demand for capital goods waned, suggesting the nation’s economic growth will cool in the months ahead.
Yu-Ai Food wishes for govt incentives in promoting red palm oil
BALAKONG, Selangor: Yu-Ai Food Industries Sdn Bhd, a supporter of the government's “Love My Palm Oil†campaign, hopes companies which innovate and market confectionery baked with red palm oil will be offered tax incentives.
