News
Commodity Alliance Proves to be Sustainable
IN 2004, the world’s palm oil industry saw the arrival of the Roundtable on Sustainable Palm Oil (RSPO). RSPO is a not-for-profit association that unites stakeholders from seven sectors of the industry to ensure its long-term sustainability. The parties involved comprise palm oil producers; pa...
Oil Palm Leftovers as Food for Livestock
Food for cattle: Calves in a dairy farm in New Zealand, which imported 1.52 million tonnes of palm kernel meal in 2013 as supplementary feed. – AFP Oil palm kernel meal feeds the world’s livestock. THE OIL palm is known for many things. Cooking oils, cosmetics, oleochemicals and biodiesels are...
Countering Anti-Palm-Oil Lobby from Abroad
SEVERAL developed countries are blacklisting palm oil products because of smear campaigns masterminded by western vested interests against the palm oil industry. Especially targetted are oil palms cultivated in “high carbon stock” areas (primary forests, logged forests, secondary forests and forests...
Crude Palm Oil Weekly Report 16 February 2014
Malaysian palm oil futures rose 3.4 per cent for the week which extended Friday’s gain into a third session as rise in global vegetable oils’ prices boosted prices ahead of eagerly anticipated export data next week. The new benchmark futures crude palm oil (FCPO) April contract settled at RM2,665 pe...
Eminent Palm Oil Researcher Pushing Frontiers at 80
Growing better: ‘My investigative mind has always been interested in the laws of nature, natural sciences and chemistry,’ says Tan Sri Emeritus Professor Dr Augustine Ong. The country’s palm oil research pioneer isn’t about to hang up his boots anytime soon. ACADEMICIAN Tan Sri Emeritus ...
Palm Futures Up on Export Demand
KUALA LUMPUR: Crude palm oil futures contracts on Bursa Malaysia Derivatives moved higher yesterday on improved export demand and expectations of lower output this month due to the seasonal low production of oil palm trees. A weaker ringgit and a firm Chicago Board of Trade soya oil may also pu...
