Palm Oil News

News

PUTRAJAYA: It is unfair to keep blaming the palm oil industry for the haze, as many companies adhere to sustainable agriculture standards, says Teresa Kok. The Primary Industries Minister said palm oil companies subscribe … ... continue reading
MALAYSIA is richly endowed with natural resources, blessed with fertile soil and abundant rainfall throughout the year. Malaysia is ranked as one of the 17 mega-biodiversity countries in the world and its forests are … ... continue reading
KUALA LUMPUR: Malaysia is on track to export MSPO (Malaysia Sustainable Palm Oil) certified palm oil to Europe by next year. Malaysia Palm Oil Certification Council (MPOCC) chief executive officer Chew Jit Seng said … ... continue reading
KUALA LUMPUR: The Palm Oil Refiners Association of Malaysia (Poram) has urged retail businesses and importers to remove products with “No Palm Oil” or “Free From Palm Oil” labels in support of local palm … ... continue reading
Plantation sectorMaintain underweight: Palm oil inventory declined for the 13th consecutive month by 5.3% month-on-month (m-o-m) to 2.25 million tonnes in August 2019, as seasonally higher production was more than mitigated by a 16.4% m-o-m … ... continue reading
KUALA LUMPUR: Palm oil production is expected to be higher in the second half of the year (2H19), which will lead to higher inventory levels going forward. However, plantation analysts do not foresee heavy … ... continue reading
KUALA LUMPUR (Sept 11): Malaysia’s palm oil inventory in August dropped 10% on year to 2.2 million metric tons, marking the first on-year decline since July 2017, as export demand grew at a faster … ... continue reading
PETALING JAYA: Crude palm oil (CPO) is expected to trade between RM1,900 and RM2,200 per tonne this month as rising optimism on lower stockpile will likely be offset by weaker demand from India following … ... continue reading
KUALA LUMPUR: Malaysian palm oil futures fell over 2% at the close of trade on Tuesday, pressured by weaker export growth and losses in soyoil on the Chicago Board of Trade. The benchmark palm … ... continue reading

Stay In Touch

Stay In Touch