News
‘We demand equality’: Malaysian palm oil boss calls for sector’s fair treatment alongside other edible oils
The palm oil sector is demanding fair and equal treatment after years of being subjected to ‘unjust’ treatment and criticism, despite ‘doing more for sustainability’ compared to other edible oils in the industry. This is according to Malaysian Palm Oil Council CEO Datuk Dr Kalyana Sundram, who was p...
Smallholders association slams US import ban on palm oil products from Malaysia’s FGV
KUALA LUMPUR, Oct 5 — The National Association of Smallholders Malaysia (NASH) has slammed the United States ban on palm oil products produced by Felda Global Ventures (FGV). In a statement, NASH deputy president, Adzmi Hassan, labelled the decision as a “reckless act” as it will adversely affect Fe...
FGV hopes to lift US ban on its palm oil, products as soon as possible
KUALA LUMPUR (Oct 5): FGV Holdings Bhd said it working towards resolving issues related to the ban on the company’s palm oil in the US and getting the US Customs and Border Protection’s (CBP) withhold release order (WRO) against palm oil and palm oil products made by the plantation group lifte...
US ban to hurt over 32,000 planters, say palm oil farmers
(Oct 3): Malaysia’s palm oil planters condemned the US block on imports of FGV Holdings Bhd products, saying the move will affect more than 32,000 farmers. The National Association of Smallholders Malaysia called the ban a “reckless act” and said it will worsen the commodity’s reputation a...
Malaysian palm oil price oil tracks US soy prices, up 2.8%
SINGAPORE: Malaysian palm oil futures rose 2.8% on Thursday on bargain buying and overnight rally in soy prices on the Chicago Board of Trade (CBOT). The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange closed 2.8% higher at 2,790 ringgit (US$672.78). R...
MPOB develops monitoring system to track movement of vehicles transporting palm oil
KUALA LUMPUR (Sept 24): In an effort to enhance the monitoring of palm oil products, the Malaysian Palm Oil Board (MPOB) has developed a monitoring system to track the movement of vehicles transporting palm oil to prevent misconduct. Its director-general Dr Ahmad Parveez Ghulam ...
