Archived News

10/03/2017 (Business Standard) - Crude palm oil prices were up by 0.32 per cent to Rs 526.60 per 10 kg in futures trade today as speculators indulged in enlarging positions driven by a firm demand at the spot market.

10/03/2017 (Outlook India) - Groundnut oil prices firmed up by Rs 100 per quintal in an otherwise steady wholesale oils and oilseeds market today on mild demand from retailers.

10/03/2017 (BusinessDay) - The Nigerian Export Promotion Council (NEPC) has vowed to ensure that every palm oil leaving the country for export meets the international standard.

10/03/2017 (Reuters) - A rebound in Southeast Asia's palm oil production this year is forecast to drag down prices of the tropical product in the second half, with additional pressure coming from an expected slowdown in demand from top importers India and China.

10/03/2017 (The Star) - Most are unaware of the proper way to dispose of used cooking oil and that it can be recycled into fuel.

10/03/2017 (Biodiesel Magazine) - San Diego-based biodiesel producer New Leaf Biofuel has received a notice of proposed award from the California Energy Commission’s Alternative and Renewable Fuel and Vehicle Technology Program, which will help fund an expansion project to double production capacity on-site from 6 MMgy to 12 MMgy. The grant, provided under the “Community-Scale and Commercial-Scale Advanced Biofuels Production Facilities” solicitation, is for nearly $3.8 million and will require matched funding from the company for an additional $4.5 million.

09/03/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

09/03/2017 (The Star Online) - Global palm oil production is forecast to increase by 6 million tonnes in 2017, says leading vegetable oils analyst Thomas Mielke.

09/03/2017 (The Star Online) - Leading industry analyst Dorab Mistry has outlined three possible scenarios for crude palm oil (CPO) prices this year, and placed his bet on prices hovering in the region of RM3,000 per tonne until the fourth quarter of this year.

08/03/2017 (The Star Online) - Malaysias crude palm oil (CPO) price is expected to average RM2,500 per tonne during the third quarter of 2017 before falling to RM2,250 in the fourth quarter.

08/03/2017 (Reuters) - A rebound in Southeast Asia's palm oil production this year is forecast to drag down prices of the tropical product in the second half, with additional pressure coming from an expected slowdown in demand from top importers India and China.

08/03/2017 (European Parliment News) - Palm oil is extensively used in food, cosmetics and biofuels, however the unsustainable production of the cheap vegetable oil leads to deforestation, loss of nature habitats and greenhouse gas emissions. Czech GUE/NGL member Kateřina Konečná calls on the European Commission to take measure to promote the responsible cultivation of palm oil and phase out its use for biofuels. The environment committee votes on her report on 9 March.