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Rainforest Action Network gathers evidence that P&G has failed to fulfill promise to restore illegal palm oil plantations in Sumatra's Leuser Ecosystem, increasing threats to the globally crucial conservation area and its wildlife
Published: April 05, 2024 by Targeted News Service (Press Releases)
European Deforestation Regulation will outlaw sales of cocoa, coffee, soy, palm oil, wood, rubber and cattle linked to deforestation from Dec. 30, 2024; companies will have to prove they come from land where forests have not been cut since 2020
Published: March 29, 2024 by Stabroek News (Guyana)
Asia fatty acids market experiencing increased spot interest due to rising upstream palm oil costs; palm kernel oil costs hit about US$1,060/tonne, an increase of more than US$100/tonne since late February 2024: ICIS
Published: March 29, 2024 by ICIS Chemical Business (CBNB Abstracts)
Fitch predicts weakened Malaysia crude palm oil prices by Q2 due to higher global vegetable oil supply, with benchmark price assumption at US$700/tonne for 2024, 2025; upside risks include bad weather conditions, biodiesel blending increase in Indonesia
Published: March 28, 2024 by Malay Mail (Malaysia)
EU's ban on imports associated with deforestation, including palm oil, impacts Malaysia and Indonesia, which together supply 85% of global palm oil; with smallholders constituting 27% of Malaysia's oil palm cultivation, compliance challenges loom
Published: March 26, 2024 by International New York Times

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