Archived News

24/07/2024 (Malay Mail), Kuala Lumpur - The Ministry of Plantation and Commodities (KPK) said today the number of private smallholders who achieved Malaysian Sustainable Palm Oil (MSPO) certification was only at 73.88 per cent as of June 30.

24/07/2024 (The Edge Malaysia), Jakarta - Indonesia, the world's biggest palm oil producer, is testing fuel with a view to increasing to 40% from 35% the share of palm-oil blended into biodiesel next year, the energy ministry said.

24/07/2024 (Chemanalyst) - Market analysts are forecasting an increase in Palm Kernel Oil prices for the upcoming months, citing several factors influencing the commodity's supply and demand dynamics. This anticipated price rise for Palm Kernel Oil comes amid challenging planting conditions in key producing nations, including Malaysia, Indonesia, and Thailand. Industry experts point to a combination of weather-related issues, labor shortages, and global economic factors as the primary drivers behind the expected price surge for Palm Kernel Oil.

24/07/2024 (Business Recorder), Beijing - Malaysian palm oil futures ticked down for a second session on Wednesday as prospects of higher output in the world’s second largest producer outweighed strong demand.

24/07/2024 (ABP News) - Indian industries and the government have reportedly made unprecedented purchases of edible oils scheduled for delivery in July. Refiners have significantly boosted their procurement of palm oil and soy oil, driven by attractive pricing and in anticipation of potential import duty hikes, according to a Reuters report citing sources.

23/07/2024 (Reuters), Beijing - Malaysian palm oil futures gave up most of their early gains on Tuesday, as concerns surrounding India's annual budget outweighed support from strong July exports.

23/07/2024 (Ecns) - A Chinese vehicle manufacturer has released the first domestic corporate standard in tanker truck equipment for edible oil transportation.

23/07/2024 (Securing Industry) - Contamination and adulteration of vegetable oils is a widespread problem and could be responsible for more deaths than any other form of food fraud.

24/07/2024 (Morning Star), Manitoba - Intercontinental Exchange canola futures were on the rise at midsession Tuesday, in what an analyst said is very likely more fund liquidation.

24/07/2024 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures ended higher on Monday, extending gains to a fifth consecutive session on the back of good demand and data showing a surge in July exports.

22/07/2024 (Basingstoke Gazette) - More than 288 tonnes of carbon emissions have already been saved after the borough council changed the type of fuel used for its bin trucks three months ago.

22/07/2024 (CDM) - At today’s telephone session, based on the consent of the majority of members, the Government of Montenegro passed the Decision on temporary measures to limit the prices of products of special importance for people’s life and health and the list of products