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RSS Around the Web

  • Teresa Kok’s palm oil challenges
    KUALA LUMPUR: With numerous challenges dominating Malaysia’s palm oil industry, all eyes are on Teresa Kok as she officially begins as the minister of primary industries. Against this backdrop, The Edge Financial Daily spoke to industry players on their hopes and concerns for the sector, one of the most significant contributors to the nation’s gross […]
  • What’s worse than palm oil for the environment? Other vegetable oils, IUCN study finds
    A new IUCN report shows that while palm oil leads to deforestation and biodiversity losses, replacing it with other types of vegetable oils might be even worse for the environment. The key factor is the high yield of oil palms, with other oil crops requiring up to nine times as much land to produce the […]
  • MPOA Annual Report 2017
    As passed in the 19th MPOA Annual General Meeting held on Wednesday, 27 June 2018, MPOA presents its Annual Report 2017.
    We are pleased to announce that at the 68th Meeting of the Council held immediately after our AGM on 27 June 2018, members unanimously elected the following principal office bearers for the 2018 – 2020 term of office: Chairman – Datuk Franki Anthony Dass (Sime Darby Plantations Berhad) Vice-Chairman – Mr Au Yong Siew Fah […]
  • Standalone commodities and trade ministries needed, urges an expert
    By ALIFAH ZAINUDDIN / Pic By MUHD AMIN NAHARUL The government needs to retain the Plantation Industries and Commodities Ministry and International Trade and Industry Ministry in view of the sector’s importance, as well as the trade threats that are expected from the US and China. Industry consultant M R Chandran (picture) said there is an air of […]
    NOTICE IS HEREBY GIVEN that the NINETEENTH Annual General Meeting of the Malaysian Palm Oil Association will be held at MPOA Secretariat, Tower 3, Level 8,     Unit 03-08-09 & 10, UOA Business Park, No. 1 Jalan Pengaturcara U1/51A, 40150 Shah Alam, Selangor D.E. on Wednesday, 27 June 2018 at 9.30 a.m. for the purposes of […]
  • EU softens stand against palm oil use
    PETALING JAYA: Malaysia’s palm oil industry gets a brief respite after the European Union (EU) softened its stance on the use of palm oil among its member countries. This was due to the omission of any mention of palm oil in the EU’s updated Renewable Energy Direc­tive. The omission came after an agreement was reached at […]


RSS Palm Oil News

  • Malaysian palm oil price jumps 2 percent to one-week high on weaker ringgit July 19, 2018
    Malaysian palm oil futures jumped more than 2 percent to a one-week high on Wednesday evening, as the ringgit weakened and related edible oils recovered. The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange was up 1.8 percent at 2,211 ringgit ($544.98) a tonne at the close, after rising to […]
  • Palm flat; trade range-bound on overnight soyoil losses, weaker ringgit July 18, 2018
    Malaysian palm oil futures were flat at midday break on Tuesday, with trade largely range-bound in the first half of the session, as a weaker ringgit offset overnight losses in soyoil, said traders. A weaker ringgit, palm's currency of trade, typically supports the tropical oil by making it cheaper for holders of foreign currencies. The […]
  • Malaysian palm oil price edges down on overnight soyoil losses July 18, 2018
    Malaysian palm oil futures edged down slightly at the close of trade on Tuesday, tracking overnight losses in soyoil, but remained largely range-bound as a weaker ringgit offset losses, traders said. A weaker ringgit, palm's currency of trade, typically supports the tropical oil by making it cheaper for holders of other currencies. The ringgit weakened […]
  • EU not singling out palm oil — delegate July 17, 2018
    The European Union (EU) is “open to palm oil” as no legislation has ever been formed to specifically ban the edible oil in the EU market, said a head of EU delegation to Malaysia. “The European market is open to palm oil. I want to say that very clearly. And EU is the second largest […]
  • Malaysian palm oil price snaps losing streak on improved demand July 17, 2018
    Malaysian palm oil futures snapped four earlier sessions of losses to gain on Monday evening on the back of improved demand and a market retracement, according to traders. The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange was up 0.7 percent at 2,173 ringgit ($537.87) a tonne at the close […]