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Middle East conflict boosts demand for alternative fuels
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Can palm biodiesel provide quick relief for Malaysia amid Iran war?
Malaysia plans phased expansion of biodiesel programme, minister says
Palm oil players encouraged to diversify into downstream sectors
BINTULU: Local palm oil players are strongly encouraged to diversify into further downstream sectors such as oleo derivatives and specialty oleochemical-related ventures like the production of high-value oleochemical derivatives, second-generation bio-fuels for power generation, and food and health products as a way forward.
Liberia’s largest palm oil producer pulls out of sustainability roundtable – what does this mean for rural communities?
The palm oil industry is no stranger to controversy. While the world has come to learn of the environmental issues linked to the oil’s production, claims have arisen that countless rural communities have been affected by land grabs by companies seeking to expand their production.
Indonesia willing to assist Pakistan in palm oil production
FAISALABAD: Indonesia is willing to set up joint ventures in the production and processing of palm oil, along with manufacturing of high-value products from palm oil in Pakistan.
Crude palm oil futures slide on low demand
New Delhi, Aug 9 Crude palm oil prices went down by 0.21 per cent to Rs 593.80 per 10 kg in futures market today as speculators cut down positions in line with weak Malaysian palm oil prices and on muted spot demand.
Oilseed processors complain of duty-free veg oil import from Safta nations
The rising share of vegetable oil import from neighbouring countries, which are not known to produce any, has irked edible oil producers.
Full MSPO certification by 2019
KUCHING: The state government has taken a committed role to ensure that the palm oil industry in Sarawak gets full Malaysia Sustainable Palm Oil (MSPO) certification by Dec 2019.
‘Go for mechanisation to mitigate impact of shortage of workers’
BINTULU: Given the lack of interest among locals to work in the plantation sector and the difficulty in employing foreign workers in the near future, the way forward for the plantation sector is to accelerate efforts in adoption of mechanisation.
Sri Lanka’s Watawala Plantations June net down 57-pct
ECONOMYNEXT – Sri Lanka’s Watawala Plantations net profit fell 57% to 164 million rupees in the June 2018 quarter from a year ago with lower crop amid volatile palm oil prices and continuing losses at its dairy unit.
Malaysian palm oil/Vegoils: Market factors to watch Thursday Aug 9
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday Aug 9.
