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Malaysia wants palm oil hubs in Egypt, Saudi Arabia: deputy PM
KUALA LUMPUR — Malaysia plans to expand palm oil exports into Middle East and African markets by creating new export hubs in Egypt and Saudi Arabia, Malaysian Deputy Prime Minister Fadillah Yusof said in an interview with Nikkei Asia. Fadillah, who is also Minister of Commodities and Plantatio...
Palm Oil Production Stagnates Early Into 2023, Says GAPKI
TEMPO.CO, Jakarta – The Indonesian Palm Oil Association (GAPKI) on Monday highlighted the stagnant industrial production of crude palm oil or CPO in January 2023. “2023 begins with January CPO production of 3,892 thousand tons and PKO (palm kernel oil) of 370 thousand tons,R...
Palm oil industry face 3-5 years production halt due to replanting curbs
PALM oil expansion looks less promising in the long run as stricter regulations are slowing down growth of new oil palm cultivation thus, lowering yield of fresh fruit bunches (FFB) and pushing up costs. Kenanga Research in a recent note cautioned that palm oil production could be put on ...
Boost in demand for palm oil seen on supply recovery
PETALING JAYA: The demand for palm oil is expected to recover, underpinned by an increasing need within Asia-Pacific, better affordability and improving global biofuel policies. Kenanga Research said in a report that recovery in the edible oil supply market has been subdued so far this year, with So...
Malaysian associations strongly urge review of EUDR implementation, recognition of oil palm smallholders
KUALA LUMPUR (March 23): The European Union (EU) has apparently failed to understand the processes involved in the Malaysian palm oil supply chain and it has refused to recognise the existence of smallholders in the entire supply chain, said Sarawak Dayak Oil Palm Planters A...
Malaysia palm oil, rubber farmers file EU petition opposing deforestation law
KUALA LUMPUR, March 15 (Reuters) – Malaysian palm oil and rubber smallholders on Wednesday filed a petition to the European Union to protest against a new law preventing imports into the bloc of commodities linked to deforestation risks. The EU in December agreed on a deforestation law&nb...
