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MARKET DEVELOPMENT
12-04-2019

Energy Department reveals list of B20 Biodiesel-powered vehicles

BANGKOK, 12th April 2019 (NNT) â€“ The Department of Energy is encouraging the use of B20 oil, adding compatible vehicles to its official list of those eligible for a new tax scheme.

MARKET DEVELOPMENT
12-04-2019

Farmers Want Ban On Importation Of Palm Produce

The chairman of Poultry Association of Nigeria (PAN), Anambra State chapter, who is also the managing director of Eagle Food Processing Industries, Ugochukwu Okpalaeke, has called on the Federal Government to ban the importation of palm produce such as palm oil, palm kernel and palm kernel oil to pave the way for local productions to thrive.

MARKET DEVELOPMENT
11-04-2019

Palm oil falls more than 2% on bearish data

KUALA LUMPUR (April 10): Malaysian palm oil futures fell more than 2% to a one-week low in evening trade on Wednesday, as an official data release from the Malaysian Palm Oil Board (MPOB) showed March end-stocks and output were higher than forecast.

MARKET DEVELOPMENT
11-04-2019

Palm oil a hot issue in Indonesian election

All roads lead to Indonesiaâ€™s April 17 presidential and legislative elections â€“ even through the vast plantation country of Sumatra where President Joko Widodo and his government unfairly get the blame for the low world market prices of palm oil and rubber.

MARKET DEVELOPMENT
11-04-2019

Malaysia to pump RM6.23 billion in aid to state palm oil firm Felda

Government report blames mismanagement and bad investments for the agency's troubles MALAYSIA will inject RM6.23 billion (S$2.07 billion) of financial aid into state-owned palm oil plantation agency Felda, after a government inquiry found poor management had sent the company's losses and debt soaring over the past decade.

MARKET DEVELOPMENT
11-04-2019

Malaysia palm stocks fall to five month low at end-March

KUALA LUMPUR: Malaysian palm oil stocks fell to less than 3 million tonnes by end-March to their lowest in five months, as a surge in demand outpaced production gains, official data showed on Wednesday.

MARKET DEVELOPMENT
11-04-2019

Uniting ASEAN against EU

We call on ASEAN leaders to form a united front as a regional grouping to demonstrate full support to President Joko â€œJokowiâ€ Widodo and Malaysian Prime Minister Mahathir Mohamad, who have signed and sent a joint letter to officially protest the European Unionâ€™s plan to remove palm oil from its market.

MARKET DEVELOPMENT
11-04-2019

China selects first oil-producing palm tree species for mass plantation

The Chinese Academy of Tropical Agricultural Sciences has selected the first oil-producing palm tree species for mass production in China.

MARKET DEVELOPMENT
11-04-2019

Indonesia, Malaysia and Colombia urge EU to drop discriminatory RED II

Developing nations Indonesia, Malaysia and Colombia via the Council of Palm Oil Producing Countries (CPOPC), are once again urging the EU to refrain from legislating a ban on palm biodiesel.

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