Archived News

01/08/2017 (Jakarta Post) - Indonesia has vast biomass potential, large enough to meet Indonesia’s renewable energy demand and boost its economy, a researcher has said.

01/08/2017 (Biodiesel Magazine) - EU member states are to decide on the European Commission’s proposal to radically lower the antidumping duties on Argentinian and Indonesian biodiesel imports. The European biodiesel industry warns of the dramatic impact that this decision may have on 120,000 jobs and on the efficiency of the overall future of EU trade defense. It is critical for the EU and national authorities to realize that, if approved, the current commission proposal would bring to an end any European biodiesel production.

01/08/2017 (Reuters) - Indian soyoil futures rose on Monday, tracking soyoil in China and on the Chicago Board of Trade and rival Malaysian palm.

01/08/2017 (Associated Press of Pakistan) - Five ships C.V Mars, M.V Asali, M.T Jassasiya, M.T Ginga Hawk and M.T Brizo carrying containers, Coal, LNG, Palm oil and Furnace oil were allotted berths at Qasim International Container Terminal, Pakistan International Bulk Terminal, Elengy Terminal, Liquid Cargo Terminal and FOTCO Oil Terminal respectively during last 24 hours, said a report issued by Port Qasim Authority (PQA) here on Monday.

01/08/2017 (Outlook India) - Palmolein oil prices edged up by Rs 50 per quintal in an otherwise steady wholesale oils and oilseeds market today on scattered demand from retailers.

01/08/2017 (New Straits Times) - Malaysia’s annual RM70 million palm oil vitamin E exports to the global pharmaceutical industry are set to expand, as medical studies show that it lowers bad cholesterol levels, kills cancer cells and protects our brain against the debilitating effects of a stroke.

01/08/2017 (Bernama) - Malaysia is sending six lawmakers to Europe in September to meet and seek support from Members of the European Parliament in relation to palm oil.

31/07/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

31/07/2017 (The Star) - CIMB Equities Research is slightly positive on the leadership line-up for its three pure plays which will see the listing of its plantation and property divisions separately which will unlock values for the group.

31/07/2017 (Borneo Post) - This week, Malaysian palm oil futures surged and hit the strongest gain since April 2017, on expectations of lower than forecast production in July, backed by a strong gain in rival soyoil on the Chicago Board of Trade (CBOT) and steady stockpiles.

31/07/2017 (Hindu Business Line) - Uncertainty over import duty and lack of new demand kept edible oils under pressure on Friday. The market witnessed a dull trading day as stockists stayed away, tracking bearish futures. On BCE the majority of edible oils remained unchanged. Malaysian palm oil and Chicago soya oil projections ruled weak, which pulled down NCDEX soya oil by Rs. 2-3 till evening. Local refineries have kept their rates steady.

31/07/2017 (Times Of India) - All packaged food products should mention the exact content of palm oil on their labels for consumer information.