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Palm oil body to wield stick to get consumer goods giants to go green

KUALA LUMPUR (Reuters) – A palm oil industry watchdog will adopt rules next month that will impose fines on consumer goods companies like Unilever and Nestle if they don’t start buying more green palm …

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Exclusive: Indian buyers slash Malaysian palm oil purchases fearing duty hike – traders

MUMBAI (Reuters) – Indian refiners have stopped buying Malaysian palm oil for shipment in November and December fearing New Delhi could raise import taxes or enforce other measures to curb imports …

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In Blow to Total, France Upholds Law Banning Palm Oil From Biofuel Scheme

PARIS — France’s constitutional court on Friday upheld a law excluding palm oil from the country’s biofuel scheme, rejecting an appeal by energy company Total which says the measure puts at risk its …

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Indonesia Finds One-Fifth of Palm Oil Plantations Are Illegal

Photographer: Dimas Ardian/Bloomberg Photographer: Dimas Ardian/Bloomberg Indonesia is trying to clamp down on illegal palm oil plantations by first identifying the perpetrators. A government …

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Is Palm Oil Bad? We Investigate

Take a peek at your shampoo bottle, go-to toothpaste or favorite jar of peanut butter, and you’re likely to be faced with palm oil (though it sometimes goes by other names—more on that below). The …

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Malaysian palm oil price falls as traders await fresh leads

KUALA LUMPUR: Malaysian palm oil futures took a turn to close lower on Thursday, logging another session of declines, as traders sold off in the last hour of trading to wait for clearer market leads.

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Asian palm oil giants take action over green group’s rainforest probe

KUALA LUMPUR, Oct 1 (Thomson Reuters Foundation) – Two Asian palm oil traders that supply to a list of major consumer brands are investigating two mills accused this week of buying from an illegal …

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Burning issue: Indonesia fires put palm oil under scrutiny

Monster blazes sent a pall of acrid smoke over Southeast Asia for weeks Palm oil production has been blamed by environmentalists for driving massive deforestation Indonesia has made some arrests over …

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Malaysia palm oil prices forecast at 2,200-2,300 rgt/T in Q4 2019 – MPOB

MUMBAI, Sept 27 (Reuters) – Malaysian palm oil prices are expected to trade between 2,200 ringgit to 2,300 ringgit per tonne in the fourth quarter 2019, the country’s industry regulator forecast on …

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China Imported More Palm Oil Than it Has in Six Years

China imported the most palm oil in more than 6 years last month after the outbreak of African swine fever hurt domestic soybean crushing and the country cut soy imports from the U.S. as their trade …

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