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Malaysia raises palm oil export duty for April
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Middle East conflict boosts demand for alternative fuels
Palm falls on weak rival oils, crude oil prices, April demand concerns
Vegetable oil import up 26% in July, palm oil shipment highest in 6 yrs
During November 2018 to July 2019 period, the overall import of vegetable oils went up 5 per cent to 112.8 lakh tonne against 107.6 lakh tonne in the corresponding period of the previous year
EU imposes duties of up to 18% on Indonesian biodiesel
BRUSSELS (REUTERS) - The European Commission on Tuesday (Aug 13) imposed countervailing duties of 8 per cent to 18 per cent on imports of subsidised biodiesel from Indonesia, saying the move aimed to restore a level playing field for European Union producers.
Golden Agri widens Q2 net loss to US$64.7m on soft CPO prices
PLANTATION owner Golden Agri-Resources (GAR) continued to take a hit from soft crude palm oil (CPO) prices in the second quarter, as it posted a net loss of US$64.7 million, against a US$39 million loss a year ago.
Minister says Airlines can use CPO-based Avtur in 2021
TEMPO.CO, Jakarta - Domestic airlines may use crude palm oil (CPO)-based aviation turbine (avtur) fuel or green avtur in two to two-and-a-half years later, in 2021 to be exact, Coordinating Minister for Economic Affairs, Darmin Nasution, said after attending the inauguration of the maintenance, repair and overhaul facility of the Lion Air Group in Batam, Riau Islands Province, on Wednesday.
Palm extends rally on stronger export data outlook
KUALA LUMPUR (Reuters) - Malaysian palm oil futures extended their rally late on Wednesday, hitting their highest in four and a half months, supported by expectations of stronger export data.
Indonesia energy ministry says B30 passed cold temperature tests
Indonesia’s Energy and Mineral Resources Ministry said biodiesel with 30% palm diesel blend passed a series of cold temperature tests this week as the government aim to increase the palm content in biodiesel early next year.
PLN tests several CPO-fueled generators
Jakarta (ANTARA) - The State electricity company, PT Perusahaan Listrik Negara (PLN) has conducted tests using 100 percent crude palm oil (CPO) blend on several generators.
India’s veg oil imports rise by 26 pct in July
During November 2018-July 2019, import of refined oil (RBD palmolein) increased to 2,090,381 tonne from 1,495,674 tonne in same period of last year i.e. up by 40%.
India Edible Oil: Up on low stock, hike import tariff, global cues
MUMBAI – All futures contracts in the edible oil complex rose today on the back of a host of factors such as low stock, hike in base import tariffs, and firm cues from global markets.
