Archived News
04-04-2024
Govt to procure 3 shipments of LNG, 16m litres edible oil
03/04/2024 (Dhaka Tribune) - The government on Wednesday approved separate proposals for procuring some three cargo shipments of LNG, 16 million litres of edible oil, 30,000 tons of fertilizer and 10,000 tons of lentil to meet the growing demand of the country.
04-04-2024
Restaurant Technologies hits new biodiesel sustainability record
02/04/2024 (Verdict Food Service) - Restaurant Technologies has announced a significant milestone in sustainability by recycling and converting more than 314 million pounds (mlb) of used cooking oil (UCO) into renewable diesel or biodiesel in 2023.
04-04-2024
From Fry Pan to Fuel Tank: St. Cloud Pilot Project Aims to Repurpose Cooking Oil
03/04/2024 (KNSI) - A pioneering pilot project launches today in St. Cloud that will turn used cooking oil into green energy.
04-04-2024
Rice Bran Oil Market Eyes Revenue Worth US$14.8 Bn by 2030, Predicts Fairfield Market Research in a New Report
03/04/2024 (Globe Newswire), London - Global Rice bran oil market is poised for significant growth in the coming years, driven by a rise in health consciousness and increasing consumer awareness of the benefits of rice bran oil. According to a recent report by Fairfield Market Research, the rice bran oil market is expected to reach a value of US$14.8 Bn by 2030, growing at a CAGR of 8.9% during the forecast period, 2023 – 2030.
03-04-2024
Strong buying sentiment drives CPO uptrend at RM4,200
01/04/2024 (Free Malaysia Today), Kuala Lumpur - Bursa Malaysia opened higher on Monday supported by buying interest in most sectors, said analysts.
03-04-2024
Palm closes higher tracking rival oils, bullish export estimation data
01/04/2024 (Reuters), Jakarta - Malaysian palm oil futures closed up on Monday mirroring gains in rival oils and bullishness from the Malaysian palm oil export estimates for March.
03-04-2024
Palm oil recovers from early losses in range-bound trading
02/04/2024 (Reuters), Jakarta - Malaysian palm oil futures recovered in range-bound trading on Tuesday after slipping earlier, as gains eased in rival edible oils.
03-04-2024
Sunflower oil imports hit second-highest level as palm oil retreats
02/04/2024 (Reuter) - India's sunflower oil imports rose by 51% in March from the previous month to reach the second highest level on record, as lower prices led refiners to increase their purchases, while reducing buying of rival palm oil, five dealers told Reuters.
03-04-2024
Palm oil extends rise on short coverings, Chicago soyoil strength
03/04/2024 (Hellenic Shipping News) - Malaysian palm oil futures rose for the third consecutive session on Tuesday, helped by short coverings and strength in Chicago soyoil after trading sideways earlier in the day.
02-04-2024
Helping palm oil smallholders navigate EU rules
01/04/2024 (New Straits Times) - ONE of the challenges to Malaysia's palm oil industry is that of scale and fragmentation. The recent announcement by the Plantation and Commodities Ministry of consolidating smallholder farmers is the first step towards improving productivity and yields.
02-04-2024
Malaysian Palm Oil Board starts trial for biofertilizer
01/04/2024 (New Straits Times), Kuala Lumpur - The Malaysian Palm Oil Board (MPOB), in collaboration with IBG Manufacturing Sdn Bhd, has commenced the trial for its latest innovative solution, the iM-bioGuard biofertiliser.
02-04-2024
Prices of chicken, cooking oil lower than before, says PM
01/04/2024 (The Star), Putrajaya - The current price of essential items such as chicken, eggs and cooking oil is still low and stable compared to when it was under the previous administration, says Datuk Seri Anwar Ibrahim.