NEWS FEED
  • 24 June, 2016
    French parliament scraps planned extra tax on palm oil
    France’s National Assembly has scrapped plans for an additional tax on palm oil, which had caused outcry among major producers, after the government put forward an alternative proposal that would include other vegetable oils used in food. Indonesia and Malaysia, the world’s two largest producers, had said the plan, which was aimed at encouraging the sector to reduce the environmental damage palm oil plantations could cause, was discriminatory and broke international trade rules.
  • 24 June, 2016
    Malaysian palm oil/Vegoils: Market factors to watch Friday June 24
    KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday June 24.
  • 24 June, 2016
    French MPs turn down palm oil tax
    KUALA LUMPUR: The Malaysian Palm Oil Council (MPOC) is relieved French National Assembly MPs voted to reject the proposed palm oil tax in France yesterday.
  • 24 June, 2016
    Palm draws late buying ahead of possible ringgit spike after British vote
    KUALA LUMPUR: Malaysian palm oil futures steadied in late trade on Thursday, recovering earlier losses as some traders bought palm before a possible spike in the ringgit if Britain votes to stay in the European Union.
  • 24 June, 2016
    Cendol durian reigns supreme
    EVER since a photograph of the cendol durian went viral on Facebook in May, people have been flooding the Rojak dan Cendol Shah Alam stall at Medan Selera Delima in Shah Alam.
  • 23 June, 2016
    Malaysian palm oil/Vegoils: Market factors to watch Thursday June 23
    KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday June 23. FUNDAMENTALS * Malaysian palm oil futures hit a more than five-month low on Tuesday, their 11th fall in 12 sessions, as a stronger ringgit and bearish fundamentals pulled down markets, and as traders forecast output would rise in the coming months.
  • 23 June, 2016
    Big Soy Crop No Help for U.S. Biofuel Makers Overrun by Imports
    Makers of renewable fuels derived from the vast soybean fields across the American Midwest can’t seem to catch a break. At a time when crops are cheap and domestic demand for biodiesel has never been better, the industry is shrinking.
  • 21 June, 2016
    Malaysian palm oil price at 5-month low on delayed start to biodiesel mandate
    KUALA LUMPUR: Malaysian palm oil futures fell on Monday after the government said it was in talks with oil and automotive companies to delay the start of its B10 biodiesel mandate to July.
  • 20 June, 2016
    Palm Oil Trade Fair and Seminar (POTS) China 2016
    POTS series is back!!! This time around it is held in TianJin, China, 9 August 2016. It is a certainly a pleasure for Malaysian Palm Oil Council (MPOC) and Malaysian Palm Oil Board ( MPOB) to offer you the opportunity to participate in this event. POTS is mooted to acknowledge the importance of China as a major palm oil user and more importantly, a discerning customer of Malaysian palm oil. The event is designed to offer oils and fats players both from within and outside China a platform to exchange, discuss issues affecting the trade and business networking. In this regard, POTS China enables the users to receive updates on the latest development on palm oil trade. For this purpose, we have lined up a team of oils and fats industry experts to present carefully selected papers to update issues affecting the oils and fats trade.
  • 20 June, 2016
    Malaysian palm oil price sees first gain in two weeks on weaker ringgit
    KUALA LUMPUR: Malaysian palm oil futures edged higher on Friday after a run of losses, supported by a weaker ringgit and short covering, although they still marked a second straight weekly loss.