|
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
Palm oil ban a threat to the economy
The European Parliament voted in favour of a law on renewable energy that aims to reduce the contribution of palm oil in biofuels and bioliquids to zero. This poses a tremendous threat to Malaysia, which is the world's second largest producer of palm oil.
Malaysian palm oil price climbs to 7-month peak, tracking US soy
KUALA LUMPUR: Malaysian palm oil futures jumped 1.7 percent to a more than seven-month high on Thursday, tracking strength in overnight U.S. soyoil and on bullish forecasts for the vegetable oil, though the market pared gains towards the end of the session.
Malaysian palm oil/Vegoils: Market factors to watch Friday Feb 8
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday Feb 8.
CPO climbs to highest since June 2018 as glut seen easing
KUALA LUMPUR: Crude palm oil futures climbed to the highest level in more than seven months on optimism over shrinking inventories in the world’s top producers and a generally brighter outlook for the tropical oil.
Government pins hope on international study favoring palm oil
Research that calls into question claims that palm oil is environmentally damaging compared with other vegetable oils will boost the government’s efforts to defend one of the country’s major commodities from negative campaigning.
Europe’s palm oil strategy is fading
A vote by the French National Assembly to exclude palm oil from their list of eligible biofuels will have implications for the EU’s new renewable energy law, writes Pierre Bois d’Enghien.
Malaysian palm oil/Vegoils: Market factors to watch Thursday Feb 7
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday Feb 7.
B10 mandate lifts CPO price
PETALING JAYA: The increased mandated usage of palm oil as fuel and rising demand from key buyers are helping to pare down record-high inventory and boost the commodity price to its highest level since July last year.
Malaysian palm oil price edges higher on easing stocks outlook
KUALA LUMPUR: Malaysian palm oil futures rose on Monday, charting a third session of gains in five, on the back of expectations of easing inventory levels.
