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1. 26/02/2020
   
MANCHESTER (Feb 25): The application of blockchain technology in the palm oil industry would indicate the existence of a trusted solution in place to prove provenance, certify sustainability and encourage the industry positive growth, a consulting firm involved in blockchain said.
2. 26/02/2020
   
KUALA LUMPUR, Feb 25 — The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives plunged to below RM2,500 per tonne, its lowest since November 2019, dragged down by uncertain market sentiment.
3. 26/02/2020
   
JAKARTA, Feb 25 (Reuters) - Indonesia state energy company PT Pertamina asked parliament to cap prices for some crude palm oil (CPO), as the company develops refineries to make fuel from the vegetable oil.
4. 26/02/2020
   
KUALA LUMPUR: Boustead Plantations Bhd’s net loss widened more than twofold to RM144.01 million in the year ended December 31, 2019 (FY19), from a net loss of RM51.78 million recorded a year ago.
5. 26/02/2020
   
NEW DELHI (Feb 25): Indian refiners of edible oils urged the government on Tuesday to stop issuing import licenses for palmolein to help avoid a crash in domestic prices of rapeseed.
6. 26/02/2020
   
In a bid to revamp the palm oil sector, the National Palm Produce Association of Nigeria (NPPAN) has signed a Memorandum of Understanding (MoU) with the Nigerian Institute for Oil Palm Research (NIFOR) for the production of 20million oil palm seedlings to boost production of smallholder farmers.
7. 26/02/2020
   
India is expected to import around 100,000 tn of refined bleached and deodorised palmolein in March, market participants said. Imports of the commodity were largely negligible in February.
8. 26/02/2020
   
JAKARTA, Feb 25 (Reuters) - Indonesia consumed 706,176 kilolitres (kL) of unblended biodiesel in the month of January, data from Energy and Mineral Resources showed on Tuesday.
9. 25/02/2020
   
KOTA KINABALU (Feb 24): The Love MY Palm Oil campaign will be expanded to all airports nationwide, said Primary Industries Minister Teresa Kok Suh Sim.
10. 25/02/2020
   
KOTA MARUDU, Feb 24 — The government has approved an interest-free easy loan scheme of RM100,000 for Sustainable Oil Palm Growers Cooperatives (KPSM) to provide them with working capital to buy and sell fresh fruit bunches (FFB), said Primary Industries Minister Teresa Kok Suh Sim.
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ECONOMICS & INDUSTRY DEVELOPMENT DIVISION
Malaysian Palm Oil Board ( MPOB ) Lot 6, SS6, Jalan Perbandaran, 47301 Kelana Jaya, Selangor Darul Ehsan, MALAYSIA.
Tel : 603 - 7802 2800 || Fax : 603 - 7803 3533