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Middle East conflict boosts demand for alternative fuels
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Can palm biodiesel provide quick relief for Malaysia amid Iran war?
Malaysia plans phased expansion of biodiesel programme, minister says
Indonesia defends palm oil after EU targets 2030 phase-out in road fuel
Indonesia, the world’s biggest producer of palm oil, will not accept an EU plan to curb the use of crops that cause deforestation, and argued that its higher production yield made it better placed to meet global demand, a senior Indonesian official said. A European Union draft due to come into effect after four weeks of public consultation, concluded that palm oil cultivation results in deforestation and its usage in transportation fuel should be phased out by 2030.
Malaysia’s roadmap needs more clarity
There is legitimate concern that the Malaysian economy will slip into slower growth mode. The global economic outlook is not terribly promising.
CPO annual uptake could rise to 1.3 million tonnes
Malaysia’s uptake of crude palm oil (CPO) could increase to 1.3 million tonnes per annum by increasing the blending percentage of biodiesel from B10 to B20 as well as rolling-out the B10 mandate for industrial diesel use, said Primary Industries Minister Teresa Kok
Malaysia mulls biodiesel stabilisation fund
Malaysia is mulling over establishing a fund to help contain price fluctuations of biodiesel, to ensure the fuel remains attractive to domestic consumers, said Primary Industries Minister Teresa Kok.
Malaysia’s 4Q GDP picks up on spending, exports
Malaysia’s economy probably grew faster in the fourth quarter (4Q) with exports and private consumption helping to snap four quarters of slowing growth, a Reuters poll showed.
EU exempts eight Argentine biodiesel producers from duties
Eight Argentine biodiesel producers will be allowed to export to the European Union without paying duties as long as they sell at a set minimum price, the EU’s Official Journal said.
Most SE Asian stocks tepid; Singapore hits 3-week high on trade optimism
Singapore stocks climbed in line with Asian peers on Wednesday, lifted by the possibility that Washington and Beijing might reach an agreement in trade talks, while other regional markets flitted in a flat-to-lower range after paring early gains.
APAC PALM KERNEL OIL AND COCONUT OIL BASED NATURAL FATTY ACIDS MARKET TO DRIVE THE REGIONAL LANDSCAPE
Global Market Insights, Inc. add New Palm Kernel Oil and Coconut Oil Based Natural Fatty Acids Market report provides in-depth information about Industry overview, top vendors, Key market highlights, product types, drivers, challenges, trends, industry landscape, size and forecast.
Crude Palm oil prices to trade sideways to lower: Angel Commodities
Angel Commodities' report on Crude Palm oil. MCX CPO slipped to 2-week low on Tuesday due to technical correction and tracking weakness in Malaysia palm oil prices.
