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MARKET DEVELOPMENT  
  08-12-2020

The challenge of using palm oil mill effluent to generate electricity

The steady increase in palm oil production will inevitably increase palm oil mill effluent (POME) as an inevitable by-product that causes serious environmental damage if discharged directly into the environment. This is mainly due to its high concentration of Chemical Oxygen Demand (COD), which has a high organic compound content.

MARKET DEVELOPMENT  
  08-12-2020

REA palm oil price gains limited by Indonesian charges

REA Holdings shares fell after the company said gains from the rising price of palm oil would be limited by charges imposed by the Indonesian government.

MARKET DEVELOPMENT  
  08-12-2020

VEGOILS-Palm gains on lower supply forecast; weaker soyoil weighs

KUALA LUMPUR, Dec 7 - Malaysian palm oil futures rose on Monday, underpinned by forecasts for a lower November palm stockpile, although gains were capped by weaker soyoil prices.

MARKET DEVELOPMENT  
  08-12-2020

Palm oil may rise into 3,474-3,504 ringgit range

SINGAPORE: Palm oil may rise into a range of 3,474-3,504 ringgit per tonne, as it has cleared a resistance at 3,426 ringgit.

MARKET DEVELOPMENT  
  08-12-2020

Palm drops 1pc as CBOT soyoil weakens, tight supply forecast supports

KUALA LUMPUR: Malaysian palm oil futures fell 1pc on Monday, retreating from an 8-1/2-year high hit earlier in the session, on profit-taking and weaker CBOT soybean oil, although forecasts for lower November production limited losses.

MARKET DEVELOPMENT  
  08-12-2020

Indian sunflower oil imports to hit five-year low

India's sunflower oil imports are expected to a hit five-year low in the 2020-21 marketing season to 30 October, reflecting tight global supply, high prices and strong competition from other vegetable oils, according to the Mumbai-based Sunvin Group consultancy.

MARKET DEVELOPMENT  
  08-12-2020

Column: Funds trim bullish CBOT views as global supply concerns ease

FORT COLLINS, Colo. (Reuters) - Speculators shed some more optimism in Chicago-traded grains and oilseeds last week as weather conditions improved for crops in South America, but the selling was much lighter than trade estimates had suggested.

MARKET DEVELOPMENT  
  08-12-2020

UPDATE 1-EU and UK rapeseed crop could make modest rebound -Strategie Grains

Rapeseed production in the European Union and Britain could reach 18.2 million tonnes in 2021/22 in a slight rebound from a very low 17.2 million tonnes this year, consultancy Strategie Grains said in its initial projection for the next harvest.

MARKET DEVELOPMENT  
  08-12-2020

ADB approves USD 2.5 mn technical assistance for advanced biofuel development in India

The grant is funded from the Asia Clean Energy Fund, financed by the Government of Japan and the Republic of Korea's e-Asia and Knowledge Partnership Fund.

MARKET DEVELOPMENT  
  08-12-2020

Palm inches higher on estimates of lower December output

KUALA LUMPUR: Malaysian palm oil futures inched higher on Tuesday, regaining some ground lost in the previous session, as estimates of lower December production underpinned the market.

MARKET DEVELOPMENT  
  07-12-2020

Japan makers face slippery slope in procuring sustainable palm oil

TOKYO -- Nine Japanese makers have declared that by the end of the year, all palm oil they use will be certified by the Roundtable on Sustainable Palm Oil, as international criticism against poor environmental practices at plantations and producers continues to grow.

MARKET DEVELOPMENT  
  07-12-2020

Indonesia up export levy on crude palm oil from Dec 10

JAKARTA: The Indonesian government has raised the export levy on crude palm oil to $180/mt from $55/mt earlier, with effect from Dec. 10, according to a finance ministry document seen by S&P Global Platts.