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Markets 03 Mar 2019 | 11:03 PM

Global 2019 palm oil demand set for first contraction in two decades

KUALA LUMPUR: World palm oil demand may suffer its first contraction in two decades during the 2019/20 crop year due to rising domestic oilseed supplies in top buyer India and slowing demand in Europe and China, industry participants told Reuters.

Plantations 08 Jan 2019 | 10:53 PM

Malaysia launches 'Love my palm oil' campaign

KUALA LUMPUR: The Ministry of Primary Industries announced a year-long “Love MY Palm Oil” campaign on Wednesday to fight anti-palm oil campaigns that are threatening the people's livelihood.

Plantations 22 Sep 2017 | 12:00 AM

Buyers cite price of sustainable palm oil among deterrents when sourcing for CSPO

PETALING JAYA: Regional palm oil buyers have cited the price of sustainable palm oil, lack of consumer awareness and demand for certified sustainable products as deterrents when sourcing for certified sustainable palm oil (CSPO). Despite the availability of 100% certified palm oil, WWF said most businesses in Malaysia and Singapore were still not sourcing it.

Nation 17 May 2017 | 11:00 PM

Malaysian palm oil industry undaunted by smear campaigns

The bid to make Malaysian palm oil sustainable goes on amid attacks that crop up over the years.

Plantations 30 Mar 2017 | 12:00 AM

M’sia to send MSPO-certified palm oil to Europe by year-end

PUTRAJAYA: Malaysia will send its first Malaysian Sustainable Palm Oil (MSPO)-certified palm oil consignment to Europe by year-end, said Minister of Plantation Industries and Commodities Datuk Seri Mah Siew Keong.

Plantations 03 Feb 2017 | 12:00 AM

Palm oil sector views process contaminants in vegetable oils seriously

KUALA LUMPUR: The palm oil industry views seriously the issue of process contaminants that affect all refined vegetable oils although the actual risk to human health has yet to be clearly defined.

Business 18 Jan 2017 | 12:00 AM

Higher palm oil export revenue seen

KUALA LUMPUR: The Plantation Industries and Commodities (MPIC) Ministry is optimistic of achieving higher palm oil export revenue in 2017 on the back of better prices seen in the commodity now.

Community 16 Aug 2016 | 12:00 AM

Tie-up for sustainable, responsible palm oil

KUCHING: The Sarawak Oil Palm Plantation Owners Association (Soppoa) is collaborating with national palm oil agencies to achieve the aim of producing sustainable and responsible palm oil.

Business 12 Aug 2016 | 12:00 AM

Mah confident palm oil usage in China will continue to rise

TIANJIN: Malaysia, a major palm oil supplier to China, will continue to offer high standard edible oil which will cater to the Chinese needs, according to Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong (pic).

Business 20 Apr 2016 | 11:17 PM

Malaysian palm oil price hits strongest levels in nearly 2 weeks

KUALA LUMPUR: Malaysian palm oil futures rose for a third consecutive day on Wednesday, tracking a rally in alternative vegetable oils to reach a near two-week high. Palm has gained 1.7 percent so far this week after falling for two weeks.