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JAKARTA:Malaysian palm oil futures suffered their biggest fall in more than 21 months on Monday after Indonesia, the world's top palm oil producer, announced measures to increase shipments.
ALBA: The US$44bil palm oil industry, under pressure in Europe after authorities listed the edible oil as a cancer risk, has found a vocal ally in the food sector: the maker of Nutella.
PETALING JAYA: Local palm oil refiners are bracing for the impact of Indonesia’s proposed changes to its palm oil export duty structure.
KUALA LUMPUR: Malaysian palm oil futures stretched their winning streak into a third day on Wednesday, as the ringgit fell and as investors expected output to drop this month, although a fall in crude oil prices hampered gains.
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.
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.