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OILS & FATS
01-10-2024

Malaysians should use more red palm oil, says Chan

30/09/2024 (New Straits Times), Kota Kinabalu - Malaysians are encouraged to use red palm oil, which has been on the market for some time but is often overlooked due to perception issues, said Deputy Plantation and Commodities Minister Datuk Chan Foong Hin.

OILS & FATS
01-10-2024

EUDR Takes Full Effect on Dec. 30; Indonesia Pushes IEU-CEPA Finalization, Malaysia Readies Compliance

30/09/2024 (TEMPO.CO), Jakarta - The EU Deforestation Regulation (EUDR) is due to be implemented on December 30, 2024, requiring companies selling soy, beef, palm oil, and other products in the 27-nation bloc to prove their supply chains do not contribute to the destruction of forests.

OILS & FATS
01-10-2024

JOHOR PLANTATIONS GROUP BERHAD PAVES THE WAY FOR SUSTAINABILITY IN PALM OIL PRODUCTION WITH BIOMETHANE BREAKTHROUGH

30/09/2024 (Bernama), Kuala Lumpur - Johor Plantations Group Berhad (JPG) or the Group, is championing a more sustainable future for the industry through its pioneering venture into commercial biomethane production. By capturing biogas from palm oil mill effluents (POME) and converting it into biomethane, a renewable natural gas, JPG will reduce its environmental footprint as well as create a new revenue stream for the company over the next five years.

OILS & FATS
30-09-2024

CPO Futures Likely To Trade Sideways Next Week

28/09/2024 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade sideways next week, as traders are searching for market factors due to the coming Golden Week holidays in China, a dealer said.

OILS & FATS
30-09-2024

Palm retreats on firmer ringgit, trimming weekly gains

27/09/2024 (Reuters), Kuala Lumpur - Malaysian palm oil futures' weekly gains narrowed after a seven-session rally snapped on Friday due to a stronger ringgit, while a rebound in soyoil prices capped the decline.

OILS & FATS
30-09-2024

Malaysia committed to sustainable palm oil production, says Johari

27/09/2024 (New Straits Times), Kuala Lumpur - Malaysia is firmly committed to sustainable palm oil production, says Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.

OILS & FATS
30-09-2024

Indonesian palm oil exports to fall by 2M tonnes

27/09/2024 (Oils & Fats International) - Palm oil exports from Indonesia are expected to fall by 2M tonnes this year due to increased domestic consumption – following the introduction of a higher biodiesel blending mandate – and reduced output, XM reported from a Reuters article.

OILS & FATS
27-09-2024

Palm continues gains on supply concerns, strong Indian demand

26/09/2024 (Reuters), Kuala Lumpur - Malaysian palm oil futures continued on an upward trend on Thursday on strong demand from India and supply concerns in major palm producing countries.

OILS & FATS
27-09-2024

FGV to combat climate change with innovation, ensure palm oil yields unaffected, says chairman

26/09/2024 (The Star) - SIK: FGV Holdings Bhd plans to implement innovative farm management techniques to address the challenges of climate change, which are causing a decrease in palm oil yields.

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