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RSS Around the Web

  • An E-xcellent local oil
    BANGI: They are a source of energy and nutrients for our bodies, as well as antioxidants that protect our cells against the effects of free radicals and help to reduce inflammation. These are the good oils that should form a small but essential part of our daily diet. While there are many types of oils […]
  • Italy takes a stand against EU palm oil ban
    The country joins several other European palm oil importers to speak out against the resolution By ALIFAH ZAINUDDIN / Pic By ISMAIL CHE RUS Italy becomes the latest member country in the European Union (EU) to oppose the bloc’s decision to phase out the use of palm oil in biofuels by 2021. Following a meeting with […]
  • More Action Needed To Stop EU’s Palm Oil Ban
    By Nurul Hanis Izmir KUALA LUMPUR, Feb 18 (Bernama) — More engagements, consultations and follow-up actions are needed to remove the European Union’s (EU) threat to ban palm oil use in biofuels, said industry veteran Tan Sri Dr Yusof Basiron. The former Malaysian Palm Oil Council (MPOC) Chief Executive Officer told Bernama that Malaysia’s stance […]
  • Mah: Spain does not support EU palm oil ban
    MADRID: Spain declared it does not support the European Union (EU) Parliament’s resolution as it realised the banning of palm oil would backfire on the country’s biodiesel industry, a Malaysian Cabinet minister said. On January 17, 2018 the European Parliament had voted to phase out palm biodiesel from the EU energy mix after 2020. Plantation […]
  • Thailand’s EU rejection reflects unison among world’s top producers towards anti-palm oil move
    KUALA LUMPUR: Malaysia has lauded Thailand’s move to join the former and Indonesia in rejecting the European Union’s executive decision on adopting the trade barrier against palm oil. Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong said Thailand’s keenness to respond reflects the agreement and firmness of major palm oil producing countries in […]
    MPOCC has developed a Guidance Document with regard to the removal of oil palm trunks (OPT) from MSPO-certified areas. The Guidance Document clearly states there is no restriction in the MSPO Standard for the removal of oil palm trunks (OPT) from the cultivated area for commercial benefit. Click below for the MPOCC Guidance on this […]
  • Circular : 2/2018 – Exemption On Restricted Movement of Heavy Vehicles Carrying Goods During Chinese New Year Festival Season on 14th, 15th, 24th and 25th February 2018
    Enclosed herewith is the Schedule issued by the Road Transport Act (JPJ) on the ban for heavy vehicles carrying goods during the festival season. Exemption from the ban is granted to heavy vehicles carrying goods as classified under Category 4 and 4.3 which apply to Fresh Fruit Bunches (FFB), Palm Kernel and Palm Oil & […]


RSS Palm Oil News

  • Malaysian palm oil price pares gains on less than expected output drop February 23, 2018
    Malaysian palm oil futures fell on Thursday evening, ending the day slightly weaker after posting gains at noon, as market sentiment turned bearish on a less than expected drop in output. The market was up earlier on the back of a weaker ringgit and overnight gains in soyoil on the U.S. Chicago Board of Trade […]
  • Production fall stirs buying interest in palm oil February 22, 2018
    Malaysian palm oil futures rose marginally on Wednesday, as lower production numbers stirred some interest despite slower buying from India capping the gains. The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange was up 0.16% at 2,489 ringgit (US$638.21) a tonne. Trading volumes were robust, with 55,723 lots of 25 […]
  • Report: Malaysia seeks UK support in palm oil row with EU, eyes post-Brexit trade deal February 22, 2018
    Malaysia is seeking UK’s support to scrap the European Union’s palm oil ban, and is agreeable to sign a free trade deal after Brexit, according to a report. UK’s The Telegraph yesterday reported that senior Malaysian officials flew to London last week to remind the British government of the close trade ties between the two […]
  • Palm oil falls on slowing exports February 21, 2018
    Malaysian palm oil futures fell in early trade on Tuesday, as export growth slowed and sustained strength in the ringgit marred sentiment. The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange was down 0.68% at RM2,498 a tonne at noon, reversing Monday’s gains. Palm had hit its lowest since Feb […]
  • Malaysian palm oil/Vegoils: Market factors to watch Wednesday Feb 21 February 21, 2018
    KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday Feb 21