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1 2024-05-20 02:46:00 MySay: Time to relook how far palm oil leads to indirect land use change
Over two months have passed since the World Trade Organization (WTO) ruled on Malaysia’s objection against the European Union’s (EU) rejection of palm oil as a renewable energy source. Among a number of issues, indirect land use change (ILUC) stands out as a primary factor leading to the EU’s mandate that palm oil cannot count towards the its 2030 renewable energy target for biofuels and must be phased out by 2030.
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2 2024-04-17 00:00:00 Good time to buy planters even as CPO rally seen losing steam soon
The recent spike in crude palm oil (CPO) prices echoes the commodity boom of 2021/22, as supply constraints from lower palm oil production and robust consumer demand push prices up.
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