Palm Oil

Heavy Rains To Hit Malaysian Palm Oil Output Again In December, Says MPOB

Malaysia's palm oil production is set to fall for the fourth consecutive month in December as heavy rainfall hit harvesting in the world's second-largest p...

World Food Prices Reach 19-Month High In November, UN Says

The United Nations' world food price index rose in November to its highest level since April 2023, recording its biggest gain in 19 months.

Newly Adopted 2024 RSPO Standards Reaffirm Commitment To Sustainability

The Roundtable on Sustainable Palm Oil (RSPO), is internationally recognised for its strong standards for palm oil.

Nestlé, P&G Investigate Palm Oil Sourcing After Environmetal Group's Deforestation Report

Consumer brands including Nestle and Procter & Gamble said they conducted investigations after an environmental group said palm oil sourced from an ill...

Indonesia Concerned Over EU Deforestation Law Rules, Not Implementation Timeframe

Indonesia has said that a proposed European Commission delay in the rollout of its anti-deforestation law was a good step but a more pressing issue was imp...

Indonesia's Palm Oil Exports Set To Fall In 2024 On Rising Demand, Lower Output

Indonesia's palm oil exports are expected to decline in 2024 due to increased domestic consumption because of a higher biodiesel blending mandate and a sli...

Nestlé, Mars Wrigley, Ferrero Back EU Deforestation Law, Document Shows

Consumer goods giants including Nestlé, Mars Wrigley and Ferrero have backed the European Union's upcoming ban on imported goods linked to deforesta...