Archived News
20-12-2022
ICE Review: Canola Futures Fall Despite Gains in Soy and Palm Oil
19/12/2022 (Markets Screener), WINNIPEG, Manitoba - The ICE Futures canola market had a significant drop to start the week as the holiday season approaches.
20-12-2022
Malaysian trade expands to RM238.17 billion in November
19/12/2022 (The Sun Daily), Kuala Lumpur - Malaysia’s trade continued its stellar performance and maintained an upward trajectory in November 2022, expanding by 15.6% to RM238.17 billion compared with November 2021 – the 22nd consecutive month of year-on-year (y-o-y) double-digit increase.
20-12-2022
EBB welcomes court decision on Indonesian biodiesel imports
19/12/2022 (Biofuels International) - The European Biodiesel Board has welcomed the European General Court decision to dismiss the actions for annulment initiated by three Indonesian biodiesel producers following the EU imposition of definitive countervailing duties on biodiesel imports from Indonesia.
19-12-2022
Why palm oil is key for food security and sustainability
19/12/2022 (The Edge Markets) - Sustainability has rightfully been becoming more mainstream in the public's consciousness in recent years. This is in response to mankind facing ever greater climate-related challenges.
19-12-2022
Mistry predicts a jump in palm oil on Indonesian biofuel mandate
17/12/2022 (The Edge Markets) - Indonesia’s mandate to use more palm oil for producing biofuels and lower reserves in Malaysia will continue to support the tropical oil in the coming months, according to veteran trader Dorab Mistry.
19-12-2022
Veteran trader Dorab Mistry predicts a jump in palm oil on Indonesian biofuel mandate
18/12/2022 (The Star Online), Bangkok - Indonesia’s mandate to use more palm oil for producing biofuels and lower reserves in Malaysia will continue to support the tropical oil in the coming months, according to veteran trader Dorab Mistry.
19-12-2022
Palm Oil To Trade Between 3,500-5000 Rgt/T Until May- Analyst Mistry
19/12/2022 (Hellenic Shipping News) - Malaysian palm oil is expected to trade at between 3,500 and 5,000 ringgit per tonne from now until the end of May as stocks in the commodity’s top two producer countries deplete, leading industry analyst Dorab Mistry said.
19-12-2022
Egypt, Malaysia in talks for $30mln palm oil production project
18/12/2022 (Zawya) - A Malaysian company is currently in talks with Egypt to establish a two-stage palm oil production project with investments totalling $30 million, the Middle East News Agency (MENA) cited the Egyptian Commercial Service’s (ECS) Head, Yahya Elwathik Bellah.
19-12-2022
India raises base import price of palm oil, gold
16/12/2022 (Deccan Herald) - India raised the base import prices of crude palm oil and soy oil, gold and silver, the government said in a statement late on Thursday, as prices jumped in the world market.
19-12-2022
Fadillah urged to address oil palm concern, unresolved issues
17/12/2022 (The Borneo Post), Miri - Deputy Prime Minister Dato Sri Fadillah Yusof should urgently address concerns and unresolved issues affecting all Dayak oil palm smallholders in Sarawak, said Sarawak Dayak Oil Palm Planters Association (Doppa) president Napoleon R. Ningkos.
19-12-2022
Palm oil price cut by Tk 4, soybean Tk 5
16/12/2022 (The Daily Star) - The retail price of palm oil has been reduced by Tk 4 while soybean oil by Tk 5 a litre in the country.
19-12-2022
Health Benefits Of Palm Kernel Oil
17/12/2022 (Nigerian Tribune) - Palm kernel oil, also referred to as palm oil, is an extract from the seed of palm fruit. It is an edible oil that is rich in saturated fats which does not contain carotenoids. Palm fruit is popularly known for its tremendous health benefit to the body. It has a wide range of applications, including nourished hair, soft skin, and healthy food. It is used for various snack products, wax, skincare and cosmetic products.