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Malaysia keeps March crude palm oil export duty at 0 pct

KUALA LUMPUR, Feb 18 (Reuters) – Malaysia kept its export duty on crude palm oil for March at zero percent, according to a circular on the Malaysian Palm Oil Board’s website on Monday that cited …

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Palm Oil’s Best Start Since 2016 Still Has Legs, Top Grower Says

Palm oil prices may extend a rally through the second quarter as a recovery in demand for the commodity gathers momentum amid a seasonal drop in production, according to a top producer. Demand for the …

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Palm oil’s PR battle turns to drones, satellites

Companies including Nestle, Unilever, and Ferrero are increasing the use of drone and satellite imagery programs to monitor their palm oil supply chains. Critics say it may boost a corporation’s …

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EU targets palm oil for road fuel phase-out, but with exemptions

BRUSSELS (Reuters) – The European Commission has concluded that palm oil cultivation results in deforestation and its use in transport fuel should be phased out, but environmentalists criticized it on …

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Exposing the Impacts of Palm Oil, One of the Most Corrupt and Damaging Industries on Earth

THE BUREAUCRAT SAT behind his desk, smoking. I’d been summoned to the sour-faced man’s office, a ridiculously large, and largely unfurnished, room on the second floor of an administrative building in …

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Crude palm oil in the spotlight; key data points eyed

Crude palm-oil futures rebounded from December lows and gained around 10% in January. The commodity was a victim of supply glut in 2018 in the two largest supplying nations, Malaysia and Indonesia. Pa…

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Indonesia’s 2018 palm oil exports rise 8 percent: GAPKI

Indonesia’s 2018 exports of palm oils, including oleochemical and biodiesel shipments, rose 8 percent from a year earlier to 34.6 million tonnes, the Indonesian Palm Oil Association (GAPKI) said on We…

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Malaysian palm oil price edges higher on easing stocks outlook

KUALA LUMPUR: Malaysian palm oil futures rose on Monday, charting a third session of gains in five, on the back of expectations of easing inventory levels. The benchmark palm oil contract for April de…

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Malaysia Asks WHO to Pull `Biased’ Report on Palm Oil Industry

Malaysia has asked the World Health Organization to retract a report that says the palm oil industry is deploying tactics similar to tobacco and alcohol lobbyists to influence research into the health …

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Indonesia to challenge ‘discriminative’ EU directive on palm oil

JAKARTA (Reuters) – Indonesia intends to challenge an EU directive on renewable energy at the World Trade Organization, arguing the plan to curb the use of crops that cause deforestation will unfairly …

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