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Planters say anti-palm oil campaigns hinder sustainability shift

(Jan 14): Top palm oil producers said on Thursday that the industry is making strides towards transparency and sustainability across its supply chain despite campaigns against use of the oil. Campaigners say that the industry is responsible for deforestation of tropical rainforests and human rights abuses and have initiated consumer boycotts of palm oil, which […]

First Virtual POTS Digital 2021 Garners International Praise

Malaysian Palm Oil Council (MPOC) organized its first ever, virtual conference, Palm Oil Trade Fair & Seminar (POTS Digital 2021), from January 5 – 8, 2021. The Palm Oil Trade Fair & Seminar (POTS) flagship programme of MPOC was launched in 2006 with an objective to enhance the development and growth of the Malaysian palm […]

Attributes of Palm-Based Soap

Serves as emollient that provides soothing and moisturizing effects on skin.

New technologies, innovations important for Malaysia’s palm oil sustainability — Mohd Khairuddin

KUALA LUMPUR (Jan 11): Advances in research that generate new technologies and innovations are an important strategy for the sustainable development of the country’s palm oil industry, said Minister of Plantation Industries and Commodities Datuk Dr Mohd Khairuddin Aman Razali. To date, he said the Malaysian Palm Oil Board (MPOB), as the leading agency in […]

CPO stocks down 19.2% in Dec

KUALA LUMPUR: Malaysia’s crude palm oil (CPO) stocks slumped 19.2% to 583,761 tonnes in December 2020 from the 722,451 tonnes in November, the Malaysian Palm Oil Board (MPOB) said. Processed palm oil stocks shrank 18.85% month-on-month to 681,120 tonnes during the month compared with 839,307 tonnes in the preceding month, the board said in its […]

China’s Vegetable Oil Outlook and Palm Oil Situation

The rapid development of China’s economy and its implication on people’s living standards has been a catalyst in the growing consumption of edible vegetable oils. According to the China Bureau of Statistics, the per capita edible vegetable oil consumption has increased from 7.7 kg in 1996 to 9.8 kg in 2019. Soybean oil is the […]

Palm oil’s discount to soybean oil to narrow in the long term — Mielke

KUALA LUMPUR (Jan 7): Crude palm oil’s price discount to soybean oil is expected to narrow this year and continue on an annual basis, said Oil World editor and CEO Thomas Mielke. “A premium [in CPO’s price to soybean oil] is only possible during a short period of time,” Mielke said during a question and answer session […]

Crude palm oil futures breach RM3,800 mark

KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives continued to rally for a third consecutive day today, with the benchmark March 2021 closing at a fresh high of RM3,877 per tonne. Palm oil trader David Ng said the CPO futures breached above RM3,800 per tonne, the highest level recorded since […]

Outlook for Malaysian Palm Oil Exports to Asia Pacific Region (excluding China) in 2020

The Asia Pacific is one of the vibrant economic regions in the world. In 2019, the total GDP value of Asia Pacific was USD 11.55 trillion which is contributed about 13.2% to the global GDP value. The Asia Pacific includes several emerging countries like Indonesia, Malaysia, the Philippines, South Korea, Taiwan, and Thailand. These emerging […]

MPOC: Palm oil production to increase to 19.6 million tonnes in 2021

KUALA LUMPUR (Jan 5): Total Malaysian palm oil production is expected to increase slightly by 200,000 tonnes to 19.6 million tonnes in 2021, versus 19.4 million tonnes a year ago, according to the Malaysian Palm Oil Council (MPOC). However, this also means that the projected Malaysian palm oil production still fell short against 19.8 million […]
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