15 July 2020, Wednesday | 10:18am

Palm Oil

Palm set for worst week in 7 years, India’s curbs weigh


KUALA LUMPUR: Malaysian palm futures traded flat on Friday, putting them on track for their worst weekly decline since 2012 as India’s import restrictions on the refined product weighed.

ECRL deal including palm oil purchase from Malaysia a positive move

KUALA LUMPUR: The inclusion of palm oil purchase by China in the East Coast Rail Link (ECRL) potential revival deal is positive as it could allow Malaysia to potentially lock in higher palm oil export volumes to the republic over the next few years, said CIMB Research.

Dr Mahathir, Jokowi mount protest to EU over palm curbs

JAKARTA/BRUSSELS: Indonesian President Joko Widodo (Jokowi) and Malaysian Prime Minister Tun Dr Mahathir Mohamad have signed a joint letter of objection to the European Union (EU) over its p

Why is palm oil bad for the environment, and what can people do to help?

Palm oil has emerged as a major source of controversy after a Christmas advert by supermarket chain Iceland was deemed too political by regulators.

Norway has not proposed to ban palm oil, says its trade minister

BANTING: Neither the Norwegian government nor its parliament has made any proposition to ban palm oil, said the country’s Trade and Industry Minister Torbjørn Røe Isaksen.

Malaysia exploring new markets for palm oil: MPOC

PUTRAJAYA: Malaysia is consistently looking for new markets to promote palm oil while enhancing its existing markets with a focus on ASEAN countries this year, said chief executive officer of Malaysian Palm Oil Council (MPOC) Datuk Dr

Malaysian palm oil price hits 8-week high, tracking stronger edible oils

The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange was up 2 percent at 2,198 ringgit ($526.21) a tonne at the close of trade. Earlier, it climbed as much as 2.1 percent to 2,200 ringgit, its strongest levels since Oct. 24.