Palm oil production is set to decline for the fourth consecutive month in December as heavy rain affected harvesting in Malaysia, the Malaysian Palm Oil Board (MPOB) told Reuters.
Oil palm trees produce less fruit as they age, and taller trees are more difficult to harvest. Photograph by PASCAL MAITRE Indonesia and Malaysia are now the epicenter of palm oil, but the oil ...
A late year palm-oil price spike may be linked to market uncertainty, but underlying conditions were nevertheless the main ...
Once known as the world’s most affordable edible oil, palm oil has lost its low-cost advantage due to declining production ...
And they do not appear ready to resume operations anytime soon. Russia's invasion of Ukraine, and a poor oil palm harvest caused by extreme weather events, have sent prices shooting upward over ...
Malaysia’s palm oil exports are expected to experience a seasonal decline in January and February this year, primarily due to ...
Palm oil is environmentally controversial because the trees grow in rainforest regions. Up to half of the deforestation in these regions is due to palm tree plant harvesting. Palm oil is still in ...
It’s an edible vegetable oil that comes from the fruit of oil palm trees, the scientific name is Elaeis guineensis. Two types of oil can be produced; crude palm oil comes from squeezing the fleshy ...
Malaysia’s palm oil exports in December 2024 fell 9.97 per cent to 1.34 million tonnes from 1.49 million tonnes in the preceding month, according to ...