Archived News

19/03/2024 (The Nation Thailand) - This UAE plant is turning used cooking oil into biofuel. Dubai-based Lootah Biofuels hopes its biodiesel will help boost sustainable transportation in one of the world's major oil-producing countries.

19/3/2024 (Atalayar) - Morocco's Professional Federation of Olive Oil Producers announced an ambitious plan to increase the yield of oil-producing plants to 60,000 hectares in order to guarantee food security from edible oils, considered a staple food in the country.

18/03/2024 (XM), Jakarta - Malaysian palm oil futures climbed higher on Monday as stronger rival oils helped boost prices, but smaller-than-expected export volumes and higher output estimates in certain regions capped gains.

18/03/2024 (DW) - A World Trade Organization (WTO) panel ruled earlier this month on a complaint brought by Malaysia against the European Union over the bloc's plans to phase out the import of palm oil as biofuel because of environmental concerns.

18/03/2024 (Confectionery Production) - Palm oil producers in Malaysia have reportedly welcomed plans from the EU that would see a delay in implementing its much-publicised deforestation regulation policies that have met with fears in South East Asia and Latin America over elevated costs for farmers, reports Neill Barston.

18/03/2024 (The Edge Malaysia), Kuala Lumpur - Bursa Malaysia Derivatives Bhd (BMD) has commenced trading of the Bursa Malaysia DCE Soybean Oil Futures (FSOY) contract, the first non-palm-based edible oil futures contract listed on the exchange.

18/03/2024 (Fastmarket) - The Brazilian Chamber of Deputies approved late Wednesday the Fuels of the Future proposal that increases the rate of mandatory blending of biodiesel in diesel.

16/03/2024 (The Star Online), Jakarta - President Joko Widodo inaugurated Indonesia’s first red cooking oil production facility in North Sumatra this week, aiming to advance the country's palm oil industry and empower farmers.

16/03/2024 (The Star Online), Jakarta - President Joko Widodo inaugurated Indonesia’s first red cooking oil production facility in North Sumatra this week, aiming to advance the country's palm oil industry and empower farmers.

15/03/2024 (The Star Online), Kuala Lumpur - Malaysia maintained its export tax for crude palm oil at 8% for April and raised its reference price, a circular on the Malaysian Palm Oil Board website showed on Friday.

16/03/2024 (The Star Online), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade at current levels with an upside bias next week.

16/03/2024 (New Straits Times), Kuala Lumpur - The Malaysian Palm Oil Board (MPOB) is of the opinion that aligning minimum wages for foreign workers as wished by the Indonesian government poses no issue.