Archived News
16-04-2021
Palm oil may rise into 3,844-3,926 ringgit range
INGAPORE: Palm oil may rise into a range of 3,844-3,926 ringgit per tonne, as it has cleared a resistance at 3,761 ringgit.
16-04-2021
Asian palm freight rises on strong April demand: sources
Freight in the Asian palm market has risen in the past two months, underpinned by expectations of stronger exports to India in March and April and heightened intra-Asia activity in the specialty chemicals market, according to sources.
16-04-2021
Commodities industry's positive performance spurs MPIC on to work harder, says deputy minister
KUALA LUMPUR (April 15): The Plantation Industries and Commodities Ministry (MPIC) is highly encouraged by the improved overall performance of the country's commodities industry last year, deputy minister Datuk Willie Mongin said.
16-04-2021
Brazil's minimum biodiesel blend goes back to 10%
April 15 (Renewables Now) - Brazil's Ministry of Mines and Energy announced on Monday that the new minimum requirement for the mandatory use of biodiesel in regular diesel sold in Brazil has been reduced to 10% for the upcoming 79th biodiesel auction.
15-04-2021
India’s March palm oil imports up
India’s palm oil imports in March jumped 57% year on year as refiners increased purchases of the tropical oil to reduce expensive sunflower oil imports, a trade body said on Thursday.
15-04-2021
China’s imports pick up further, exports strong
China’s imports and exports boomed again in March, data showed Tuesday, reaffirming the recovery in the world’s number-two economy continues apace and demand picks up in key overseas markets as they emerge from last year’s virus crisis
15-04-2021
EU commissioner blasts Brazil climate pledge for not going far enough
The European Union’s top environment official told Brazil on Wednesday that the South American country’s updated climate pledge “sends a bad signal†by only committing to reaching net zero carbon emissions by 2060.
15-04-2021
Malaysia replaces Indonesia as largest palm oil seller to India
Malaysia has replaced Indonesia as the largest palm oil exporter to India for the first time due to a widening tax difference between the world's two biggest palm oil suppliers
15-04-2021
Palm unchanged on anticipation of higher production and exports
Malaysian palm oil futures were unchanged on Wednesday, as speculation over rising production and stronger exports pulled prices in both directions in a volatile day of trade.
15-04-2021
Palm oil neutral in 3,659-3,761 ringgit range
Palm oil looks neutral in a range of 3,659-3,761 ringgit per tonne, and an escape could suggest a direction
15-04-2021
Palm reverses early gains on higher output, container shortage
Malaysian palm oil futures reversed early gains on Wednesday, pressured by rising production and as the global container crisis disrupted shipments.
15-04-2021
Belgium leads way in banning soy and palm oil biofuels
Belgium is set to ban biofuels made from soy and palm oil from next year over concerns about deforestation