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Palm tracks gains in Dalian and Chicago rival oils, stronger crude
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Malaysia raises palm oil export duty for April
Middle East conflict boosts demand for alternative fuels
Palm oil drops
Malaysian palm oil futures slumped about 3.6 per cent on Tuesday, their biggest intraday drop in nearly seven months, as weaker rival oils on China’s Dalian Commodity Exchange and expectations of lower imports by key buyer India weighed on sentiment.
DPR asks palm oil's inclusion in IEU-CEPA
The House of Representatives (DPR) Commission IV has urged the government to include palm oil in the negotiations on Indonesia - European Union Comprehensive Economic Partnership Agreement/IEU-CEPA)
TH Plantations 3Q net loss up 60% on impairment losses
H Plantations Bhd’s (THP) net loss rose 59.6% to RM31.61 million in the third quarter ended Sept 30, 2019 (3QFY19) from RM19.8 million a year ago, largely due to impairment losses of property, plant and equipment amounting to RM53.57 million, lower revenue due to lower average realised prices for crude palm oil (CPO), palm kernel and fresh fruit bunch and higher finance cost by RM14.37 million mainly due to adoption of Malaysian Financial Reporting Standards 16 Leases.
Government may restrict import of all types of refined edible oils
The government is considering putting restrictions on the import of all kinds of refined edible oils while continuing to keep crude oils under the free category.
Indonesia asks Mexico to develop palm oil-based biofuel
Indonesia has invited Mexico to conduct research together to develop palm oil-based biofuel as renewable energy during the third meeting of the Indonesia-Mexico Consultative Committee on Agriculture (CCA) held in Mexico City
Palm oil that doesn't destroy forests? One entrepreneur thinks he has the answer
The global palm oil market is staggeringly large, with the industry valued at $62 billion in 2016, according to the United Nations Environment Programme. Palm oil is found in roughly half of all supermarket products, says the UN, as well as in biofuels.
Pertamina projects extensive biofuel use in transportation by 2050
Pertamina Energy Institute's Advisory Board Widyawan Prawiraatmadja reckoned that biofuel will be utilized on a substantial scale in transportation in 2050.
VEGOILS-Palm falls over 1% on cheaper rival oils
Malaysian palm oil futures dropped more than 1% on Tuesday, tracking cheaper rival oils on the Dalian Commodities Exchange amid higher imports
Malaysian palm oil slips further as exports fall
Malaysian palm oil futures fell on Monday, retreating from a two-year high hit in the previous session, as exports of the commodity fell. However, costlier palm oil on the Dalian Commodities Exchange and a weaker ringgit put a floor under prices.
