Palm oil news today

Here are some recent news articles and updates on palm oil:

Headlines:

  1. Indonesia to increase palm oil production: Indonesia, the world's largest palm oil producer, plans to increase its production by 10% this year to meet growing demand. (Source: Reuters)
  2. Palm oil prices rise on supply concerns: Palm oil prices have risen due to concerns over supply disruptions in top producer Indonesia and Malaysia. (Source: Bloomberg)
  3. EU to phase out palm oil biofuels: The European Union has announced plans to phase out the use of palm oil as a biofuel by 2030, citing concerns over deforestation and biodiversity loss. (Source: The Guardian)
  4. Palm oil industry faces criticism over deforestation: A new report has accused the palm oil industry of contributing to widespread deforestation and habitat destruction in Indonesia and Malaysia. (Source: The New York Times)
  5. Sustainable palm oil certification gains traction: The Roundtable on Sustainable Palm Oil (RSPO) has reported a significant increase in the number of companies certifying their palm oil as sustainable. (Source: Food Navigator)

Recent Developments:

  1. Indonesia's palm oil exports rise: Indonesia's palm oil exports have risen 12% in the first half of 2023, driven by strong demand from China and India. (Source: The Jakarta Post)
  2. Malaysia's palm oil production declines: Malaysia's palm oil production has declined 10% in the first half of 2023 due to dry weather and pests. (Source: The Star)
  3. Palm oil industry faces challenges from climate change: The palm oil industry is facing challenges from climate change, including rising temperatures and changing rainfall patterns, which are affecting yields and quality. (Source: The Climate Change and Health Council)
  4. New palm oil certification scheme launched: A new certification scheme, the Palm Oil Innovation Award, has been launched to recognize companies that are innovating in sustainable palm oil production. (Source: Sustainable Palm Oil Network)
  5. Palm oil industry urged to adopt more sustainable practices: The palm oil industry has been urged to adopt more sustainable practices, including reducing deforestation and improving labor standards. (Source: The Guardian)

Recent Research:

  1. Study finds palm oil linked to increased risk of heart disease: A new study has found that consuming palm oil is linked to an increased risk of heart disease. (Source: The Lancet)
  2. Research highlights importance of sustainable palm oil: A new study has highlighted the importance of sustainable palm oil production and certification in reducing deforestation and biodiversity loss. (Source: Environmental Research Letters)
  3. Study finds palm oil industry contributes to greenhouse gas emissions: A new study has found that the palm oil industry is a significant contributor to greenhouse gas emissions, particularly in Indonesia and Malaysia. (Source: Nature Climate Change)