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SINGAPORE: Palm oil is poised to break a resistance at 4,098 ringgit per tonne and rise into a range of 4,130-4,169 ringgit.

PETALING JAYA: Sarawak Oil Palms Bhdhttps://cdn.thestar.com.my/Themes/img/chart.png (SOP) would be one of the key beneficiaries of a sustained higher crude palm oil price (CPO).

When considering the near-term fundamentals, the soybean market remains overbought, and a turn down in vegetable oil prices might spark a significant correction.

PETALING JAYA: Fraser & Neave Holdings Bhd (F&N) has identified rising commodity price pressures, which have accelerated since last year amid the Covid-19 pandemic, as a key challenge for the sector.

The prices of edible oils, including the bottled soybean, have witnessed a fresh hike just in a week, thus amplifying woes of low-income consumers.

PETALING JAYA: Planters are reiterating their calls for the government to seriously address the current high tax structure, labour shortage and loss of market access, which are affecting their competitiveness in the global market.

India on Tuesday began experimenting with doping diesel with a small portion of biodiesel extracted from leftover cooking oil in kitchens to cut reliance on imports as well as reducing carbon emissions. Diesel, India's most used fuel, is made from crude oil, for which the nation is 85 per cent dependent on imports. Imports can be reduced if a portion of diesel extracted from fossil oil is supplemented by an equally combustible diesel. Bio-diesel that can be produced from vegetable oil, animal fat, tallow and waste cooking oil, Indian Oil Corporation (IOC)

SINGAPORE: Malaysian palm oil futures ended largely unchanged on Wednesday, with the market torn between concerns over world vegetable oil supplies and demand destruction amid rising coronavirus cases in key importers.

KUALA LUMPUR, May 4 (Reuters) - Malaysian palm oil futures slipped on Tuesday, trimming some of the previous session's gains, due to weakness in rival soyoil and demand concerns as COVID-19 cases surge globally.

India on Tuesday began experimenting with doping diesel with a small portion of biodiesel extracted from leftover cooking oil in kitchens to cut reliance on imports as well as reducing carbon emissions.

On Tuesday, the CME Group's farm markets close double-digits higher. At the close, the July corn futures settled 17 1/4¢ higher at $6.96 3/4. New crop September futures settled 18 1/2¢ higher at $6.10. December corn futures closed 17 1/2¢ higher at $5.80 1/4.

JAKARTA, May 4 (Reuters) - Indonesia's palm oil output is expected to jump 7.1% to 55.69 million tonnes in 2021, on a forecast for more conducive weather conditions, a researcher at the state-owned Indonesia Oil Palm Research Institute (IOPRI) said on Tuesday.