News
CPO Dips on Export Tax Speculation
KUALA LUMPUR: Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed lower yesterday, amid speculation Indonesia may also cut its CPO export tax. Phillip Futures product specialist, David Ng said the move by the Malaysian government to exempt CPO tax for two months to boost expo...
CPO Futures end Higher
KUALA LUMPUR: Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives ended higher yesterday, bolstered by favourable news that the government has exempted CPO export tax for September and October. Phillip Futures Sdn Bhd derivatives product specialist David Ng said the tax exemption helpe...
VEGOILS-Palm oil hits near 3-week high in oversold market
* Unfavourable weather in U.S. and India provides palmsupport * Indonesia may cut CPO export tax to zero in October * Indonesia’s draft plantation bill hits presidential hurdle (Updates closing prices, adds additional details) By Michael Taylor JAKARTA, Sept 8 (Reuters) – Malaysian palm ...
Implementing a National Standard for the Palm Oil Industry
The oil palm industry is regulated by several standards, among them those set by the Roundtable for Sustainable Palm Oil (RSPO), the International Sustainability & Carbon Certification body, and the Roundtable on Sustainable Biomaterials. However, the Malaysian Palm Oil Board (MPOB) decided to d...
MPOC Gives Leadership Awards to Industry Veterans
Uggah Embas (second from left) presenting Mielke (second from right) with his award. With them are (far left) MPOC chief executive officer Tan Sri Dr Yusof Basiron and Lee (right). THE Malaysian Palm Oil Council (MPOC) recognised the contributions of leaders in the field through the Palm Oil Industr...
Addressing Palm Oil Concerns
Palm progress: Malaysia is at the forefront of sustainable palm oil production, said Malaysian Palm Oil Council chairman Datuk Lee Yeow Chor. – File pic A conference reveals that Malaysia is constantly seeking to improve the sustainability of its palm oil industry. It is the world’s most consu...
