(Reuters) - Malaysian palm oil futures fell for a second day on Wednesday following news of a U.S. plan to implement a smaller biofuel mandate than it had initially proposed. The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange sl...
KUALA LUMPUR (Reuters) - Norway’s plans to ban biofuels containing palm oil from 2020 are set to provide a major obstacle to long-running trade talks between the European Free Trade Association (EFTA) and Malaysia, a Kuala Lumpur government minister said. A Norwegian ...
However, travel and movement restrictions had left producers grappling with a shortage of 37,000 workers, almost 10% of the workforce. The shortage, especially during the peak production months, would hit output by delaying the harvest, Reuters said. The Malaysian Palm Oil Association (MPOA) ...
A popular talking point for both the Indonesian and Malaysian governments is that the EU’s hostility to palm oil stems from its desire to protect European vegetable oil producers. The BPOM’s Penny reiterated this point, saying the newly outlawed labeling was a ploy to discredit Indonesia’s ...
Intertek Testing Services, a cargo surveyor, said that exports of Malaysian products containing palm oil for August dropped 9.9% from the 1,604,578 tonnes shipped in July to 1,445,442 tonnes. The price of oil edged upwards after plummeting to multi-month highs earlier as major producers delay...
Oil palm: development miracle or environmental disaster?"The problem is not the oil palm but the way people have chosen to exploit it," write authors of new bookThomson Reuters Foundation
The state oil company of Indonesia PT Pertamina has produced its first batch of biodiesel made entirely of palm oil (D100), Reuters reported on 15 July. Following the successful production of D100 at its Dumai refinery, the company said it was expecting to produce 1,000 barrels/day. Indonesia...
Malaysian palm oil futures declined at the midday break on Monday, in line for a second session of losses in three, on concerns that production could rise in the coming weeks.
KUALA LUMPUR--After five years of often back-breaking work on a Malaysian palm oil plantation, Bangladeshi national Babul told his employer this month he was ready to call it quits.
Palm oil based biodiesel offers an alternative energy source that can reduce current dependence on conventional fossil fuels and may reduce greenhouse gas (GHG) emissions depending on the type of feedstock and processes used. In the Malaysian context, the palm oil industry not only provides high-yi...