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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
Local palm reserves seen hitting fresh record in December
Palm oil inventories in Malaysia probably climbed for a seventh straight month to a fresh record in December as output in the world’s second- largest grower surpassed overseas shipments.
Indonesia’s Nov palm, palm kernel oil exports at 2.99mn T
Indonesia’s palm and palm kernel oil exports in the month of November rose 14 percent to 2.99 million tonnes compared to the same month a year earlier, Indonesia Palm Oil Association (GAPKI) said in a statement on Monday
Soya up on thin supplies
Weak availability of soy seeds with the crushers and slack demand in palm oil because of intense cold, have further perked up soy oil prices in Indore mandis with soy refinedquoted at ₹752-55 for 10 kg, while soy solvent rose to ₹718-2
Malaysia plans to increase durian exports to China
The Chinese market demand for durians is rapidly growing and the fruit has become one of Malaysia's most import exports to China. Malaysia encourages the large-scale plantation of durian. The overall export volume of Malaysian durian is expected to have grown by 50% in 2030
PH-Europe free trade agreement hits snag
The Philippines may have a hard time negotiating for a free trade agreement with the European Union, an official of the Department of Trade and Industry said Monday
Malaysian palm oil/Vegoils:Market factors to watch Thursday Jan 3
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday Jan 3..
Malaysian palm oil price jumps over 2% as India cuts import tax
KUALA LUMPUR: Malaysian palm oil futures rose to their highest in nearly two weeks on the first trading day of 2019, after world's largest edible oil importer India announced import tax cuts, amid expectations of a fall in production.
Malaysia palm oil may regain market share
KUALA LUMPUR: There is a good chance that palm oil may regain some market share it lost previously in India after the government announced a reduction in import duties on crude palm oil and refined palm oil, effective since Jan 1.
India’s demand for Malaysian refined palm oil seen to rise
Maintain neutral: India has cut the import taxes on crude and refined palm oil from Southeast Asian countries after a request from suppliers, a government notification said. The duty on crude palm oil (CPO) was lowered to 40% from 44%, while the tax on refined palm oil (RPO) was cut to 50% from 54%, according to the notification issued on Monday. The Indian government in a separate notice said Malaysian shipments of RPO will be taxed at 45% versus 54% before. The revised duties took effect on Tuesday.
