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KUALA LUMPUR: Felda Global Ventures Holdings Bhd says there has been no deforestation of natural forest at its PT Temila Agro Abadi (PT TAA) plantation in West Kalimantan as alleged in recent reports.
PETALING JAYA: Certified Sustainable Palm Oil (CSPO) saw a 70% surge in demand last month, setting off a round of cheering in the Rountable on Sustainable Palm Oil (RSPO). It was a significant improvement from 48% a year ago. In the last two years, the demand for CSPO had increased from 25.3% in 2009 to 46.2% last year.
PETALING JAYA: Crude palm oil (CPO) futures extended their downtrend to trade below RM3,800 per tonne yesterday as prices succumbed to profit-taking on speculations of an improvediLa Nina/iweather pattern and better soybean harvests, according to market players.