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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
Southeast Asian palm stocks set for record highs
Southeast Asia’s palm oil stocks are set to scale record highs in October or November, according to planters, traders and analysts surveyed by Reuters, as storage tanks at ports and mills pile up with supplies.
Palm oil falls
KUALA LUMPUR: Malaysian palm oil futures fell over 1 per cent on Thursday after three consecutive sessions of gains, on expectations of rising inventory levels and technical selling.
Kim Loong's 2Q profit slumps on lower FFB output, palm oil prices
KUALA LUMPUR (Sept 27): Kim Loong Resources Bhd's net profit more than halved to RM12.01 million in the second quarter ended July 31, 2018 (2QFY19), from RM26.26 million in the corresponding quarter last year, due to lower fresh fruit bunches (FFB) production and palm oil prices.
Pasfa to set up oil palm processing factory
KUANTAN: The Pahang Farmers’ Organisation (Pasfa) is planning to set up its own oil palm processing factory in the state following an increase in its crop production.
Indonesia providing 60pc palm-oil to Pakistan
MULTAN: Indonesian Ambassador to Pakistan Iwan Suyudhie Amri on Thursday said that his country was providing 60 per cent palm-oil to Pakistan out of its total need.
Reduction in US soybean prices against rival origins due to trade war
The trade war has reduced US soybean prices against rival origins. This was stated by Julian McGill, head, South-East Asia, LMC International, UK, in his presentation, titled What are the next important drivers in the edible oil market? It was made during the first session of 22nd essay of Globoil India, which was organised by Tefla’s and commenced in Mumbai recently.
Palm oil may test support at 2,161 ringgit
SINGAPORE (Sept 28): Palm oil may test a support at 2,161 ringgit per tonne, a break below which could cause a loss to the next support at 2,149 ringgit.
Malaysian palm oil/Vegoils: Market factors to watch Thursday Sept 27
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday Sept 27.
Saifuddin: Britain tells Dr M it wants to continue ties with Asean after leaving EU
NEW YORK: Britain has conveyed to Malaysia its wish to continue ties with Asean following the country’s decision to leave the European Union, says Foreign Minister Datuk Saifuddin Abdullah.
