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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
Malaysian palm oil price jumps to 2-week peak on short covering
KUALA LUMPUR: Malaysian palm oil futures rose over 1 percent on Wednesday evening, a third straight day of gains, on the back of technical buying and as the market turned bullish on forecasts that the world's top palm importer India is likely to receive below-normal monsoon rains in 2018.
Educating youths for a resounding ‘yes‘ to palm oil
ABOUT 60 volunteers from around the globe came together to support the Say Yes to Palm Oil awareness campaign at Universiti Putra Malaysia (UPM) in Serdang, Selangor.
Palm oil futures up
KUALA LUMPUR: Malaysian palm oil futures rose over 1 per cent on Wednesday evening, a third straight day of gains, on the back of technical buying and as the market turned bullish on forecasts that the world’s top palm importer India is likely to receive below-normal monsoon rains in 2018.
Indonesia to make biodiesel use compulsory from Sept 1
JAKARTA: Indonesia aims to make the use of biodiesel blended fuels compulsory for all vehicles and heavy machinery from Sept. 1, Renewable Energy Director General Rida Mulyana said on Wednesday, amid efforts to reduce the current account deficit in Southeast Asia's biggest economy.
India's monsoon rain forecast cut, farm output seen at risk
MUMBAI: India is likely to receive below-normal monsoon rains in 2018, a private weather forecaster said on Wednesday, raising concerns over farm output and economic growth in Asia's third-biggest economy, where half the farmland lacks irrigation.
Boustead Plantations buys oil palm lands in Sabah for RM397m
It said the acquisition represents a move to replace some of BPB group’s plantation land in Peninsular Malaysia which were disposed in recent years with sizable plantation lands in Sabah at a lower cost.
Set up palm oil mission to EU, M’sia told
KUALA LUMPUR: A specific mission to the European Union (EU) can help solve the challenges facing Malaysia’s palm oil industry, says Belgium’s ambassador to Malaysia.
Indonesia pushes biodiesel plan to stop currency tanking
JAKARTA: Indonesia’s president called on Tuesday for the immediate implementation of a plan to widen the use of biodiesel that his economic ministers hope will cut the country’s fuel import bill by billions of dollars and halt a decline in the rupiah currency.
Crude palm oil futures remain weak on low demand
New Delhi, Aug 1 Crude palm oil prices fell by 0.45 per cent to Rs 597 per 10 kg in futures market today as speculators engaged in cutting bets, tracking a weak trend at spot market on easing demand.
