Archived News

04/09/2024 (New Straits Times), Kuala Langat - The government is currently evaluating the use of RT-ECO technology, a cutting-edge method for treating palm oil mill effluent (POME), to enhance sustainable palm oil production in Malaysia.

04/09/2024 (The Edge Malaysia), Jakarta - Indonesia, the world's biggest palm oil exporter, plans to lower export levy rates of the tropical oil to improve competitiveness against rival vegetable oils and raise farmers' income, a government official said on Wednesday.

04/09/2024 (The Edge Malaysia), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its decline on Wednesday amid concerns over rising stockpiles.

04/09/2024 (ANN/Jakarta Post) - A plan by India, the world’s top buyer of vegetable oils, to increase its import tax on the commodity could hamper the growth of Indonesia’s palm oil exports.

04/09/2024 (Reuters), Jakarta - Malaysian palm oil futures extended losses to a third straight session on Wednesday, tracking a drop in prices of rival vegetable oils and a decline in India's palm oil imports.

04/09/2024 (Barchart) - Soybeans rounded out the Wednesday session with gains of 8 to 9 ½ cents across most front months. Soymeal futures were up $7.70/ton in October. Soy Oil futures were down 87 points as pressure continues to come via crude oil.

04/09/2024 (The Economics Times) - Indian Oil has achieved a notable industry milestone by blending 23.24 crore liters of biodiesel with regular diesel, reaching a 0.49 percent blending ratio, surpassing the 0.43 percent blending ratio of other oil marketing companies, data showed on September 4. This achievement is part of Indian Oil's broader efforts to promote sustainable energy.

05/09/2024 (Biodiesel Magazine) - The U.S. exported 88,432.8 metric tons of biodiesel and biodiesel blends of B30 and greater in July, according to data released by the USDA Foreign Agricultural Service on Sept. 4. U.S. biodiesel imports were at 86,483 metric tons for the month.

03/09/2024 (Reuters), Mumbai - India's palm oil imports in August fell more than a quarter from a month ago on ample stocks and as negative margins prompted refiners to curtail purchases of the tropical oil, five dealers said on Tuesday.

03/09/2024 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower amid mixed market sentiment.

03/09/2024 (Kenya News) - Nakuru County Government has embarked on an ambitious bid to promote the cultivation of canola (rapeseed) and sunflower in the devolved unit to reduce the import bill for edible oils and lower the prices of cooking oil in Kenya.

03/09/2024 (Eastern Sentinel), Naharlagun - Arunachal Pradesh Agriculture Minister, Gabriel D Wangsu emphasized the need for a comprehensive approach to sustainable palm oil production that addresses environmental, economic, and social aspects, as well as the critical issue of human-animal conflict in oil palm plantations.