PALM NEWS MALAYSIAN PALM OIL BOARD Sunday, 24 Nov 2024

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MARKET DEVELOPMENT  
  13-02-2024

SEA seeks import curbs on finished products to protect oleochemical sector

12/02/2024 (Business Standard) - Edible oils industry body SEA on Monday demanded import curbs on finished products, including stearic acid and refined glycerine or impose duty with additional tariff on raw materials to safeguard the domestic industry.

OILS & FATS  
  13-02-2024

'Avoid cooking oils with carcinogenic contaminants'

11/02/2024 (Daiji World) - Health experts on Sunday stressed the need to avoid using cooking oils with carcinogenic contaminants like glycidyl esters (GE) and 3-monochloropropane-1,2-diol esters (3-MCPD).

MARKET DEVELOPMENT  
  09-02-2024

Minister: Malaysia, Indonesia to strengthen collab on oil palm industry

09/02/2024 (Borneo Post Online), Kuala Lumpur - The Ministry of Plantation and Commodities and the Council of Palm Oil Producing Countries (CPOPC) plan to further strengthen collaboration between Malaysia and Indonesia to benefit the palm oil industry in both countries.

MARKET DEVELOPMENT  
  09-02-2024

Suffolk council's pothole repairer uses vegetable oil

08/02/2024 (BBC News), A council is trialling a new machine to repair potholes which runs on hydrotreated vegetable oil.

MARKET DEVELOPMENT  
  09-02-2024

USDA: US Biodiesel Exports, Imports Both Up In 2023

09/02/2024 (Biodiesel Magazine), The U.S. exported 55,131.8 metric tons of biodiesel and biodiesel blends of B30 or greater in December, according to data released by the USDA Foreign Agricultural Service on Feb. 7. Biodiesel imports were at 158,044.1 metric tons for the month.

MARKET DEVELOPMENT  
  09-02-2024

Palm rises on stronger rival oils amid supply worries

08/02/2024(XM), Kuala Lumpur - Malaysian palm oil futures extended gains for a fourth consecutive session on Thursday, buoyed by strength in rival edible oils and firmer crude oil prices amid supply concerns in the world's second-biggest producer.

MARKET DEVELOPMENT  
  09-02-2024

Palm oil buyers switch to cheaper rival oils, hampering price recovery

09/02/2024 (The Edge Malaysia), MUMBAI - The rebound in palm oil prices is likely to be capped by abundant supplies of rival soyoil and sunflower oil, "soft" oils that are available at discounts to tropical palm oil for the first time in more than a year.

MARKET DEVELOPMENT  
  08-02-2024

Hefty fines for ‘no palm oil’ labels

08/02/2024 (The Star Online), Petaling Jaya - Those selling products with labels that says “no palm oil” have been ordered to take down the items from the shelves in a crackdown on discriminatory food labels.

MARKET DEVELOPMENT  
  08-02-2024

Palm oil falls on cautious trading ahead of output data

07/02/2024 (XM), Kuala Lumpur - Malaysian palm oil futures fell on Wednesday, snapping two consecutive sessions of gains, to trade almost flat, as output data from the world's second-biggest producer's industry regulator is awaited.

MARKET DEVELOPMENT  
  08-02-2024

Sabah cabinet approves oil palm biomass industry policy

07/02/2024 (The Star Online), Kota Kinabalu - The Sabah cabinet has approved the Oil Palm Biomass Industry policy, says Chief Minister Datuk Seri Hajiji Noor.

MARKET DEVELOPMENT  
  08-02-2024

CPO futures end higher for third consecutive day in line with CBOT

07/02/2024 (The Edge Malaysia), Kuala Lumpur - Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher for the third consecutive day on Wednesday in line with the Chicago Board of Trade (CBOT) soybean oil market gains.

MARKET DEVELOPMENT  
  08-02-2024

KPK: Stern action against sales of products with discriminatory palm oil labelling

07/02/2024 (The Sun), Putrajaya – The Ministry of Plantations and Commodities (KPK) will take stern action against any party involved in discriminatory or negative labelling of palm oil.