Why palm oil is key for food security and sustainability

Malaysian palm oil futures opened higher on Monday, tracking gains in rival Dalian oils and helped by a softer ringgit. The benchmark palm oil contract FCPOc3 for December delivery on the Bursa Malaysia Derivatives Exchange rose 27 ringgit, or 0.73%,

We are in a climate crisis. Unsustainable agricultural production of various crops can exacerbate climate change, destroy ecosystems, and endanger wildlife. They can also cause conflicts over land ownership and erode workers’ rights. However, while unsustainable production can

West Africa-focussed agriculture company Dekel Agri-Vision updated the market on its Ayenouan palm oil venture in Côte d’Ivoire on Friday. The AIM-traded firm said its palm oil operation marked its sixth successive month of amplified production in August. It reported

Dekel Agri-Vision announced that crude palm oil and palm kernel production soared in August linked to the good performance of its Ayenouan project. From the update, the company said its financial outcomes for August were significantly robust when

Much of the concern about oil sustainability focuses on palm oil as it has been linked to deforestation, which negatively impacts the environment, forest wildlife and the communities where it’s grown. The Roundtable for Sustainable Palm Oil (RSPO)

Malaysian palm oil futures recovered on Tuesday, helped by a weaker ringgit and stronger palm oil on the Dalian Commodity Exchange, although imminent oversupply concerns capped gains. The benchmark palm oil contract FCPOc3 for November delivery on the Bursa Malaysia

Malaysian palm oil futures rose on Friday tracking stronger rival vegetable oils, and were set for a second straight week of gains. The benchmark palm oil contract FCPOc3 for November delivery on the Bursa Malaysia Derivatives Exchange gained 30 ringgit, or 0.77% to

While the imports of pretty much everything else has gone down – Pakistan’s love for palm oil seems to be intact. Pakistan imported 3 million tons of palm oil in FY23 – much in line with previous highs

Malaysian palm oil futures jumped more than 3% on Tuesday, set to end a three-session decline on a weaker ringgit, improving exports and strength in rival edible oils. The benchmark palm oil contract FCPOc3 for October delivery on the Bursa Malaysia Derivatives Exchange was up 115 ringgit, or

Joseph D’Cruz has more than 20 years of experience in sustainability, having worked for various international organizations like the United Nations Development Programme and the World Economic Forum, on issues ranging from climate change to poverty eradication to

Sustainability concerns have given food companies reason to consider altering their approaches to palm oil, a commodity linked to deforestation. Companies should be aware researchers are investigating how oils produced with yeast or algae may serve as palm

The accession of the United Kingdom to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), improved labour conditions and a softer ringgit are expected to be the catalysts for the palm oil sector to be fruitful in

The utilisation of palm oil is widespread as a vegetable oil and it is used in various industries such as food, personal care products, and biofuels. The production of palm oil has experienced a notable rise on a