Archived News

02/04/2025 (Renewable Energy Magazine) - A key ingredient in the "renewable diesel" sold in Europe is likely fraudulent, a new study by T&E reveals . Spain is among the European countries that consume the most of this fuel. European biofuels contain almost twice as much palm oil mill effluent (POME), a residue from palm oil production, as those available worldwide.

02/04/2025 (Dhaka Tribune) - Mill owners have once again proposed an increase in edible oil prices, especially soybean oil, citing the expiration of government tax exemptions on Saturday, while reportedly taking advantage of the holiday period to raise prices preemptively amid uncertainty over an extension.

02/04/2025 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Wednesday, tracking stronger soybean oil prices and higher export estimates, said palm oil trader David Ng.

01/04/2025 (UkrAgroConsult) - Indonesia’s exports of crude and refined palm oil rose 62.2% in February from the previous month to a four-month high, Reuters reported, citing statistics from the country’s customs office. The increase in the figures was due to Jakarta’s decision to reduce export duties on palm oil earlier.

01/04/2025 (Solarquarter) - Mr. Akanat Promphan, Minister of Industry, is spearheading Thailand’s efforts to develop new economic drivers by tasking the Department of Industrial Promotion (DIPROM) to collaborate with Bangchak Corporation and five leading business organizations to accelerate Sustainable Aviation Fuel (SAF) production. This initiative, formalized through a Memorandum of Understanding (MoU), focuses on “Managing Used Cooking Oil for the Production of SAF,” in alignment with the Bio-Circular-Green (BCG) Economy policy.

31/03/2025 (Farm & Ranch Guide) - The canola market has attempted to find a bottom recently due to trade concerns, with the ICE futures canola contracts hitting lows recently. Many market analysts feel that the fundamentals of the canola market are being overweighed by other factors.

01/04/2025 (Morningstar), Manitoba - The ICE Futures canola market was mostly higher as the May contract eased back.

31/03/2025 (UkrAgroConsult) - Malaysian palm oil futures increased for a third session on Friday, supported by strength in overnight Chicago soyoil following a report that US oil and biofuel producers agreed in principle to raise the mandate for renewable diesel and biodiesel.

27/03/2025 (The Business Times), Jakarta - Indonesia is betting on tiny bugs from Africa to help boost its palm oil production, as the broader sector grapples with tightening supply that threatens to keep prices elevated and add to food inflation.

27/03/2025 (The Edge Malaysia), Jakarta - Indonesia's palm oil inventory at the end of January rose by 13.98% from the previous month despite a drop in production, as exports fell to a four-month low, data from the Indonesian Palm Oil Association (GAPKI) showed on Thursday.

28/03/2025 (The Star), Petaling Jaya - Kim Loong Resources Bhd has registered a fourth quarter result that was below expectations, according to TA Research.

27/03/2025 (Business Recorder) - The federal government on Thursday decided to shut down 392 seed companies that it said had failed to meet regulatory standards set by the National Seed Development and Regulatory Authority (NSDRA), the Ministry of Food Security said in a statement.