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Malaysia raises palm oil export duty for April
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Middle East conflict boosts demand for alternative fuels
Palm falls on weak rival oils, crude oil prices, April demand concerns
Malaysian palm oil sustainably produced, does not involve permanent forest reserves — ministry
KUALA LUMPUR (Dec 7): Malaysia remains committed to ensuring that oil palm plantations are operated in a sustainable manner, including measures such as banning them in permanent forest reserves and limiting the size of planted areas to 6.5 million hectares nationwide.
Malaysia end-Nov palm oil stocks seen hitting 4-month low as exports jump
Malaysia’s palm oil stockpile at the end of November likely slipped to a four-month low as a surge in exports outpaced a small rise in production, a Reuters survey showed.
VEGOILS-Palm oil jumps 3% to one-week high on lower stocks forecast
KUALA LUMPUR, Dec 7 (Reuters) - Malaysian palm oil futures hit a one-week high in their second consecutive day of gains on Tuesday, as industry surveys pointed to tightening November production and inventory.
Indonesia court rejects bid to reinstate palm oil permits in Papua
JAKARTA (Reuters):An Indonesian court on Tuesday (Dec 7) rejected a bid by two companies to reinstate permits for palm oil plantations in its easternmost region of Papua, in what was seen as a test of the government's pledge to halt such land conversions to contain deforestation.
Posco International sets up holding company in Singapore to bolster palm oil biz
Posco International Corp., the trading arm of South Korean steel giant Posco, said Wednesday it has set up a holding company in Singapore to further expand its palm oil business overseas.
CPO futures hit one-week high on worries over lower output
KUALA LUMPUR (Dec 7): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives hit a one-week high on Tuesday on concerns over weaker output ahead of a key crops report due this week.
MPIC: Malaysia awaits consideration from source countries for foreign workers
KUALA LUMPUR (Dec 7): Malaysia is now awaiting consideration from source countries, namely Indonesia, in relation to the mechanism to bring in foreign workers for the oil palm plantation sector, said the Ministry of Plantation Industries and Commodities (MPIC).
Council of Palm Oil Producing Countries must use latest technologies to counter anti-palm oil propaganda, says minister
JAKARTA, Dec 4 — Strategies devised to debunk myths surrounding palm oil must leverage today’s technological advancements, including the cyber platform where news travels fast, said Plantation Industries and Commodities Minister Datuk Zuraida Kamaruddin.
Indonesia’s Palm Oil Exports, Production Seen Up Next Year- Gapki
Indonesian production of crude palm oil is expected to improve next year, Togar Sitanggang, the vice chairman of the southeast Asian nation’s palm association (GAPKI) said.
