NEWS FEED
  • 23 October, 2020
    Taiwan – A Resilient Market of Malaysian Palm Oil
    With a population of 23.8 million, Taiwan consumed 860,000 MT of oils and fats in 2019. Soybean oil and palm oil are the main consumed edible oils with a share of 52% and 26% respectively. Soybean oil is the most produced oil in the Taiwan with an average production was 460,000 MT yearly for the […]
  • 23 October, 2020
    MPIC looks for ways to respond to US ban on FGV
    by SHAHEERA AZNAM SHAH / pic by TMR FILE THE Plantation Industries and Commodities Ministry (MPIC) is looking for a viable response to the US import ban on palm oil produced by FGV Holdings Bhd. Its Minister Datuk Dr Mohd Khairuddin Aman Razali said Malaysia and the US need to discuss the matter at a […]
  • 21 October, 2020
    Ministry to improve productivity, yield of palm oil industry
    KUALA LUMPUR, Oct 20 — The Ministry of Plantation Industries and Commodities (MPIC) is committed to improving the productivity and yield of the palm oil industry instead of expanding lands for the commodity. Its secretary-general Ravi Muthayah said today during the virtual International Palm Oil Sustainable Conference 2020 that the government has put in place […]
  • 20 October, 2020
    MPOC calls for Equal Treatment for all Edible Oil
    ​Malaysian Palm Oil Council CEO, Dr Kalyana Sundram, has made a call for all edible oils to be treated equally in terms of sustainability. As the European government and the United Kingdom looks to reduce deforestation in imports, Dr Sundram’s call is justified but unrealistic as other edible oils lag so far behind palm oil […]
  • 20 October, 2020
    MPOC Webinar – China’s Palm Oil Demand and Recovery Post-Pandemic
    MPOC’s webinar series brings you another exciting edition focusing on China. In this webinar, the panelists will exchange views on China’s oils and fats demand, and potential market growth in livestock farming. The discussion will also include the outlook for palm oil post-pandemic, with primary focus on Malaysia and Indonesia. Register now at http://tinyurl.com/mpocchina20/ and […]
  • 19 October, 2020
    Exploring Palm Oil Market in Latin America and the Caribbean
    The profitability of oil palm crops in the tropical climates of Latin America and the Caribbean is drawing increasing interest. In 2019, the region accounts for 6.2% of global palm oil production (Expert Market Research, 2019). At the same time, some countries within the region rely on palm oil import to fulfil their growing demand. […]
  • 16 October, 2020
    Palm oil heads for weekly gain on supply worry, ringgit fall
    KUALA LUMPUR: Palm oil headed for a second week of gains on supply concerns and as a weaker Malaysian currency made it cheaper for overseas buyers. The ringgit was on track for a weekly loss as a renewed spike in domestic coronavirus cases and political uncertainty put investors on guard. Still, the palm oil market […]
  • 16 October, 2020
    The Scourge of Adulteration in India
    Consumption of edible oil is one of the basic needs of society. The affluent sections of society purchase this commodity in bulk as part of their grocery shopping list. This purchase is in convenient packets of ½ kilograms and other higher bulk weights. But a vast majority cannot afford bulk purchases. The economically weaker sections […]
  • 15 October, 2020
    La Nina rain set to lift palm oil output in top grower to record
    (Oct 14): Indonesia, supplier of more than half the world’s palm oil, could see production climb to a record next year after torrential La Nina rains drench plantations and boost yields, a group of growers and refiners said. Output may increase by 4% to almost 49 million tons from 47 million tons this year, Derom […]
  • 15 October, 2020
    Bountiful harvest for oil palm planters
    PETALING JAYA: Planters are expected to post stronger third-quarter results for the financial year 2020 (FY20), thanks to the rally in crude palm oil (CPO) prices and higher production, say analysts. According to CGS-CIMB Research, the anticipated higher third quarter (Q3) net profit by planters would be driven by a 36% year-on-year (y-o-y) rise in […]