News
Crisis After Crisis Only Made Palm Oil Emerge Stronger
KUALA LUMPUR, June 1 (Bernama) — The palm oil industry has faced a string of crisis in the past with the major one being the attack by various quarters against palm oil in the 1980s on health and nutritional grounds. Malaysia managed the crises very well judging from the industry’s spect...
EU, Malaysia on Palm Oil Understanding
Industry players positive after EU policymakers visit PETALING JAYA: The recent news on European Union (EU) lawmakers’ views on the long standing issue of the sustainable palm oil production in Malaysia, is a positive development for the local palm oil industry, but some uncertainties still remain. ...
Palm Oil Output Expected to Rise
YOGYAKARTA: Malaysia palm oil stocks are set to recover in May and rise faster in the next three months as Asian consumers take up more soyaoil that trades on par with the tropical oil, a senior official said yesterday. Malaysian Palm Oil Board (MPOB) director-general Datuk Dr Mohd Basri Wahid said ...
CPO Futures Ease on Mild Selling
CRUDE palm oil futures on Bursa Malaysia Derivatives ended lower on mild selling despite strong export data yesterday. “The healthy numbers could not support the market as it came within market expectations,” a dealer said, adding that the stronger ringgit dampened sentiment as well. He ...
Malaysia May Palm Exports Up 13 Percent : ITS
Exports of Malaysian palm oil products for May rose 13.1 per cent to 1,332,026 tonnes from 1,178,159 tonnes shipped in April, cargo surveyor Intertek Testing Services said today. Meanwhile, another cargo surveyor Societe Generale de Surveillance said exports of Malaysian palm oil products for May ro...
EU Lawmakers to Look Into Palm Oil Discrimination Claims
European Union (EU) lawmakers are increasingly convinced that Malaysia is on the same path as the EU on the sustainability of palm oil production, but would need more scientific data to support Malaysia’s case. Dan Jorgensen, who is the vice-chair of the environment, public health and food saf...
