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Using strategic approach

MALAYSIA and Indonesia’s commitment to strengthening cooperation through the Council of Palm Oil Producing Countries (CPOPC) to fight discriminative trade policies against palm oil is an encouraging development for the oil palm industry. This is a strategic approach by the CPOPC, an organisati...

Malaysia must continue to engage with the European Union

KUALA LUMPUR: Malaysia must continue to engage with the European Union (EU) and EU stakeholders to ensure that perspectives from producing and exporting countries are taken into consideration. “(The continued engagement is important) as it can possibly contribute to the shaping of future legal instr...

Malaysia and Indonesia agree to fight discrimination against palm oil

The comments by Indonesian President Joko Widodo (right) followed a meeting with Prime Minister Datuk Seri Anwar Ibrahim, who was making his first overseas trip since being elected in November.–A BOGOR, Indonesia (Jan 9): Indonesia and Malaysia, the world’s biggest pr...

Uncertainty over rise in CPO output

PETALING JAYA: Despite the gradual return of foreign workers to the oil palm plantation sector, industry experts remain sceptical of potential growth in terms of crude palm oil (CPO) production this year. While CPO production is set to improve in 2023, Malaysian Palm Oil Association (MPOA) chief exe...

Indonesia reduces palm oil exports to ensure supply at home

JAKARTA, Jan 6 (Bernama): Indonesia, the world’s biggest palm oil producer, will cut its overseas shipments of the commodity, as it tightens a policy requiring companies to keep more supply at home. The government cut the amount producers can export to six times the domestic sales requirement, down ...

S&P Global: Asian palm oil prices expected to be rangebound in 2023

KUALA LUMPUR (Jan 6): Asian palm oil prices are expected to be rangebound in 2023 after a volatile 2022 despite Malaysia entering the year with low stocks and China’s used cooking oil exports set to increase to Europe and even extend to the US. In a report on Thursday (Jan 5), S&P Global C...

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