By Fathin Ungku SINGAPORE (Reuters) - Indonesia's devastating forest fires in 2019 burned nearly twice as much land as was officially reported, accord.
Malaysian palm oil futures ended four sessions of losses to jump 1.4% on Friday, as it tracked costlier rivals, but is set to record its biggest weekly loss in six months as weaker exports in December weighed. The benchmark palm oil contract FCPOc3 for March delivery on the Bursa Malaysia Derivatives Exchange gained 60 ringgit .
JAKARTA (Reuters) - An Indonesian court on Tuesday rejected a bid by two companies to reinstate permits for palm oil plantations in its easternmost region of Papua, in what was seen as a test of the government's pledge to halt such land conversions to contain deforestation.