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EU use of palm oil to make biodiesel is forecast to decline in the 2021 marketing year (July-June), as high feedstock prices will hamper production from Spain, the US Department of Agriculture said in its annual EU biofuels report.

KUALA LUMPUR (Reuters) - Malaysia’s crude palm oil (CPO) production is expected to rise only marginally in the next few months, while exports are expected to pick up, state agency the Malaysian Palm Oil Council (MPOC) said on Thursday

KUALA LUMPUR (June 24): The Council of Palm Oil Producing Countries (CPOPC) has urged the European Union (EU) to revise their approach on vegetable oils in biofuels under the framework of Renewable Energy Directive II (RED II).

`PETALING JAYA: Upstream oil palm planters and integrated plantation companies with operations in Indonesia are poised to be prime beneficiaries of the republic’s proposal to reduce its palm oil export levies.

(THE CONVERSATION) Palm oil is everywhere today: in food, soap, lipstick, even newspaper ink. It’s been called the world’s most hated crop because of its association with deforestation in Southeast Asia. But despite boycott campaigns, the world uses more palm oil than any other vegetable oil – over 73 million tons in 2020.

SINGAPORE: Palm oil may bounce into the range of 3,746 ringgit to 3,844 ringgit per tonne, before turning around and falling towards a zone of 2,927 ringgit to 3,232 ringgit next quarter.

ISLAMABAD: Palm oil imports increased by 40.61 percent during the first eleven months of the current fiscal year against the imports of the same period of last year.

The nationwide implementation of B20 biodiesel was supposed to happen in June 2021, which is now. In January this year, the target was pushed forward to early 2022. Now, we’re looking at another delay.

Malaysian palm oil futures ended over 1% higher on Wednesday, lifted by signs of improving demand and strength in rival edible oils, but gains were capped by estimates of rising output.

The tricky task of maintaining regional economic unity may come to the fore when Cambodia takes over the ASEAN chair from Brunei next year

If the Indonesian government is to meet its self-appointed targets for the reduction of greenhouse gas emissions in response to climate change, the development and utilization of bioenergy looms as an important part of its strategy.

The Council of Palm Oil Producing Countries (CPOPC) urges the European Union (EU) to revise its approach on vegetable oils in biofuels under the framework of the Renewable Energy Directive II (RED II) in light of the upcoming revision of the Directive expected on 14 July 2021 as well as the Commission’s approaching deadline for adopting rules on certifying low indirect land-use change (ILUC)-risk biofuels and updating the list of high ILUC-risk feedstocks.