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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
Malaysian palm oil price rebounds from 7-month low, tracking soyoil
MUMBAI: Malaysian palm oil futures rebounded on Monday from their lowest in seven months, following gains in rival soyoil, but an expected rise in output and weak exports capped the upside.
CPO prices rebound on news of China buying soyoil
PETALING JAYA: Prices of crude palm oil (CPO), which touched the lowest level in four years, rebounded following news that China will increase its purchase of US soyoil
Palm oil still targets RM1,929
SINGAPORE (July 2): Palm oil still targets RM1,929 per tonne, as suggested by a projection analysis and a triangle.
B10 biodiesel to go mainstream in Thailand – B7 out
Malaysia isn’t the only country pushing harder for biodiesel. Thailand’s energy ministry has plans to move B10 biodiesel into the mainstream to replace the current B7 biodiesel used. Availability of B10 as the primary diesel blend will be made from November, and B7 will be phased out at petrol stations before usage is stopped completely from November 2020, the Bangkok Post reports.
Oil palm planters encouraged to ‘digitalise’ operations
MIRI: Oil palm planters are encouraged to ‘digitalise’ their operations as the technology could drastically help to increase their productivity and revenue.
FGV, US-based P&G and five others call off partnership as MoU expires
KUALA LUMPUR (July 1): FGV Holdings Bhd has aborted its plan to jointly develop a model to ensure palm oil sustainability with US consumer goods giant Procter & Gamble (P&G) and five other organisations.
Save coco industry, scrap palm oil importation: Suarez
LUCENA CITY, Quezon -- Former House Minority Leader and now Quezon Gov. Danilo E. Suarez on Sunday vowed protection for the coconut industry, as the province continues to claim fame as the country’s “Coconut Capital†by pursuing a resolution he has filed in Congress to scrap palm oil importation and address the declining price of copra and plight of the coconut farmers.
India Edible Oil: Most up; soybean gains on slow progress of sowing
NEW DELHI – Futures contracts of most components in the edible oil basket, barring crude palm oil, edged higher today on the domestic exchanges.
Ukrainian agricultural exports increased by 21% in 2019
In January-May 2019, Ukrainian agricultural exports increased by 21.4% compared to the same period in 2018 and amounted to USD 8.97 billion, according to Acting Agrarian Policy and Food Minister of Ukraine Olha Trofimtseva.
