Archived News

17 Mar 2021 --- Singaporean palm oil company, Golden Agri-Resources (GAR), which is among the world’s largest palm oil-based agribusinesses, has stepped up efforts to “dispel misperceptions” while raising awareness about the health benefits of palm oil.

SINGAPORE, March 18 (Reuters) - Chicago soybeans slid for a second session on Thursday as rains in parts of parched Argentina boosted expectations of supplies from the world's biggest exporter of soyoil and soymeal.

Although the majority of the on-road vehicle fleet in the United States is fueled by gasoline, diesel combustion makes up an overwhelming share of vehicle air pollution emissions. Air pollution emissions can be affected by blending biodiesel into diesel fuel. Studies have found that biodiesel combustion results in lower emissions of particulate matter (PM), carbon monoxide (CO), and hydrocarbon (HC), but increases the formation of nitrous oxide (NOx). The U.S. Environmental Protection Agency concluded in a 2002 report that, overall, biodiesel combustion does not worsen air quality compared to conventional diesel and reaffirmed that conclusion in a 2020 proposal and subsequent rulemaking.

SHARES in Malaysia's FGV Holdings soared nearly 29 per cent on Tuesday in their biggest single-day jump in more than five years, after state-owned Felda failed in its bid to take the world's largest crude palm oil producer private.

KUALA LUMPUR, March 16 - Malaysian palm oil futures climbed on Tuesday for a 10th straight day, the longest consecutive daily gain since June 2002, tracking strength in rival edible soyoil while improving March export numbers also lifted market sentiment.

KUALA LUMPUR, March 17 (Reuters) - Malaysian palm oil futures fell to a one-week low on Wednesday, tracking weakness in rival oils and on anticipation of improving production.

SINGAPORE: Palm oil may drop into a range of 3,959-4,008 ringgit to 4,048 ringgit per tonne, as it has left a rising channel.

KUALA LUMPUR, March 16 (Reuters) - Malaysian palm oil futures reversed early gains on Tuesday and ended a nine-day rally, dragged by weaker prices of rival soyoil and expectations of a sharp recovery in production.

Malaysia is turning into a net importer of used cooking oil (UCO) rather than net exporter, on supply reductions and rising domestic demand.

New Delhi — The US soybean monthly crush plunged to an 17-month low in February due to the country's cold snap, market sources told S&P Global Platts March 16.

Aemetis has announced that its Universal Biofuels subsidiary in Andhra Pradesh state of India has been selected to supply approximately 800,000 gallons per month of biodiesel to fuel public transport buses in the region.

THE price of crude palm oil (CPO) peaked at RM4,247.50 per tonne on Monday, an all-time high in the country’s palm oil industry history, compared to RM4,193 per tonne last Thursday, which was the highest in 13 years.