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CPO prices seen at RM4,400-RM4,600 on tighter supply
Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
Palm retreats from 21-month high on stock outlook, weak exports
Palm slips over 1% on weaker soyoil, bearish MPOB data
Global palm oil stocks to fall as output growth slows — analyst Fry
KUALA LUMPUR (Nov 21): Growth in palm oil production will slow in the next few years, helping reduce stockpiles and boost prices, leading industry analyst James Fry said on Thursday.
Indonesia's B30 biodiesel plan a boost to domestic palm oil consumption
Indonesia will roll out B30 biodiesel, a fuel blend with a bio-content of 30 per cent, in January 2020. JAKARTA: Mr Rudi pulled up next to a pump in a petrol station in Jakarta. He lifted a grey nozzle and filled up his truck with palm oil-based B20 biodiesel.
Cooperation among Govts on biodiesel mandates can sustain CPO price rise
KUALA LUMPUR (Nov 21): Crude palm oil (CPO) prices would be able to sustain its current upward momentum if Governments, particularly those from the Council of Palm Oil Producing Countries (CPOPC), could coordinate allocation increases under the biodiesel mandates, says palm oil expert Dr James Fry.
Palm oil output deficit to push price upward in 1H20: Expert
KUALA LUMPUR (Nov 20): The biodiesel mandate in the world’s largest palm oil producers Indonesia and Malaysia could cause a deficit in palm oil stocks and push up crude palm oil (CPO) prices next year, said a leading palm oil industry analyst.
Malaysian Palm Oil Board: Good move to replicate Opec for palm oil industry
KUALA LUMPUR, Nov 20 — The Malaysian Palm Oil Board is in favour of any move by Indonesia and Malaysia as the world’s largest producers of palm oil, to form a body similar to the Organisation of Petroleum Exporting Countries (Opec).
Palm oil more sustainable than rivals, says Italian think tank
KUALA LUMPUR: An Italian think tank has defended the palm oil industry against accusations that it degrades the environment, saying it uses land more efficiently than do industries producing competing oils.
When grown right, palm oil can be sustainable
Turning an abandoned pasture into a palm tree plantation can be carbon neutral, according to a new study by EPFL and the Swiss Federal Institute for Forest, Snow and Landscape Research (WSL). These findings, based on measurements of 56-year-old palm tree plantations in Colombia, suggest we may be able to find sustainable alternatives to deforestation for the production of palm oil—a practice currently under fire by environmentalists.
Malaysia in talks with partners to produce palm oil-based bio-jet fuel
KUALA LUMPUR: Malaysia aims to start producing palm oil-based bio-jet fuel within five years and is in talks with several potential partners about setting up a plant, the head of the industry’s marketing board said on Wednesday.
Indonesia’s Sept palm oil, biodiesel and oleochemical exports up 13pc m/m
JAKARTA: Indonesia's exports of palm oil, biodiesel and oleochemical in September rose 13pc on a monthly basis to 3.26 million tonnes, the Indonesian Palm Oil Association (GAPKI) said in a statement on Wednesday.