1
The fires are deliberately set to clear forests for palm oil plantations.
2
Data last week showed that palm oil exports rose slightly in May.
3
This means there is need for extra land for palm oil plantations.
4
Its business is classified into three divisions: food, rice and palm oil.
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They are supporting the sustainable palm oil network in China, Vis said.
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Gains were also seen in the palm oil and offshore services sectors.
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So far, palm oil sales to the European Union have held up.
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Despite the rise, palm oil posted its first annual decline since 2008.
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Fundamentally palm oil is still bullish because supply is still facing issues.
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IKEA also set stricter targets for palm oil, leather and cotton supplies.
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Ezimma Ogbonna and her family have been producing palm oil for decades.
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Saturated fats are also found in palm oil and palm kernel oil.
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Similar duties have been imposed on palm oil as for mineral ores.
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The island is a key producer for palm oil, rubber and coffee.
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Wilmar is the latest palm oil company to commit to halting deforestation.
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Large tracts of Indonesian forests have been cleared for palm oil plantations.
