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1. 16/11/2018
MUMBAI: Malaysian palm oil futures on Thursday struggled to recover from a more than three-year low hit in the previous session, as rising inventories in the world's second-biggest producer weighed on the market and physical demand showed no signs of improvement despite a hefty price correction.
2. 16/11/2018
KOTA KINABALU: The 16th Annual Roundtable Conference on Sustainable Palm Oil has closed its curtains yesterday with over 850 representatives from the global palm oil industry agreeing to a newly ratified and adopted certification standard.
3. 16/11/2018
MUMBAI: India's 2018/2019 palm oil imports dropped 6.4 percent from a year ago to 8.7 million tonnes as rupee depreciation and a credit crunch dented refiners' ability to buy overseas, a leading trade body said on Thursday.
4. 16/11/2018
A palm oil supplier to PepsiCo, Mars, Hershey and Johnson & Johnson has resumed clearing intact forest in West Papua, Indonesia, despite pressure by other major companies, many of which have since severed ties with the producer. The deforestation triggered a series of automatic alerts by Global Forest Watch, a satellite monitoring system operated by the World Resources Institute (WRI).
5. 16/11/2018
Over 73,000 people in three districts in Kutai Kartanegara regency, East Kalimantan, have access to electricity generated from liquid palm oil waste or palm oil mill effluent (POME), an official at a local company said.
6. 16/11/2018
KUALA LUMPUR (Nov 15): Exports of Malaysian palm oil products for Nov 1-15 rose 2.0% to 549,488 tonnes from 538,607 tonnes shipped during Oct 1-15, according to independent inspection company AmSpec Agri Malaysia said on Thursday.
7. 16/11/2018
SINGAPORE (Nov 16): Palm oil may have completed a weak bounce around a resistance at 1,996 ringgit per tonne. It is poised to retest a support at 1,972 ringgit.
8. 16/11/2018
KOTA KINABALU (Nov 15): The Sabah Government will go all out to assist the Federal government in getting oil palm smallholders achieve the Malaysian Sustainable Palm Oil (MSPO) certification, says Deputy Chief Minister Datuk Seri Wilfred Madius Tangau.
9. 16/11/2018
Free trade can’t happen if certain parties continue to label Malaysia’s palm oil, said Tun Dr Mahathir Mohamad as the Malaysian leader uses the Asean Summit to criticise countries that are trying to outlaw the country’s main commodity.
10. 16/11/2018
JAKARTA: The Indonesian government is geared up to confirm a trade deal with Pakistan in order to protect $1.5 billion in annual palm oil exports to the South Asia region, a cabinet minister stated.
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