Archived News

23/04/2024 (Business Recorder), Singapore - Malaysian palm oil futures extended gains on Tuesday amid hot weather in key producer Malaysia, with strong export data and firmer rival oil prices lending support.

24/04/2024 (Biodiesel Magazine) - The USDA on April 23 awarded more than $43 million in grants through the Higher Blends Infrastructure Incentive Program to support projects that will increase the availability of domestic biofuels in 15 states.

24/04/2024 (World Bio Marketin Sights) - Mitsui O.S.K. Lines announced that the hybrid passenger ship ‘Hanaria’, which uses hydrogen and biodiesel as fuels, started service in Kitakyushu.

23/04/2024 (New Straits Times), Kuala Lumpur - Malaysia always adhered to the concept of sustainability to strengthen the country's oil palm industry by ensuring no deforestation activities or forced labour, in compliance with international standards.

23/04/2024 (The Star), Johor Baru - A consumer has accused a supermarket in Johor of hoarding subsidised cooking oil and selling the product to foreign workers in a viral video.

22/04/2024 (The Business Times) - PALM oil exports from Indonesia, the world’s biggest exporter of the commodity, are expected to recover in April, after shipments in March and February fell below the monthly average over the past year, the trade ministry said on Monday (Apr 22).

22/04/2024 (The Edge Malaysia), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Monday influenced by stronger Malaysian palm oil export in April, said a dealer.

21/04/2024 (Egypt Today), Cairo - Minister of Supply and Internal Trade, Ali Al Moselhi, has announced a reduction in oil cooking prices, resulting in a decrease of 36 percent for this commodity. The latest reduction, which took effect on Saturday, amounts to a 14 percent drop.

23/04/2024 (Alberta Farmer Express) - The Imperial Strathcona Refinery in Alberta is receiving a 12 per cent tax credit for its $720 million under-construction canola-based renewable diesel facility that is said to need millions of tonnes of canola seed per year.

22/04/2024 (Brighter World) - Climate change is part of the reason you’re digging deeper into your pockets at the grocery store, a McMaster economist says.

19/04/2024 (Free Malaysia Today), Petaling Jaya - Demand for palm products is projected to advance due to better economic conditions in 2024, said Genting Plantations Bhd chairman Zahidi Zainuddin.

19/04/2024 (The Edge Malaysia), Kuala Lumpur - MKH Oil Palm (East Kalimantan) Bhd’s initial public offering (IPO) has been oversubscribed by 8.43 times, ahead of its listing on the Bursa Malaysia Main Market on April 30.