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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
Palm oil from Indonesia's shrinking forests taints global brands – Report
JAKARTA: Palm oil sourced from illegally cleared rainforest areas in Indonesia has flowed through traders to major consumer goods brands despite widespread commitments to cease purchases of non-sustainable oil, a new report says.
Palm oil to retest support at 2,148 ringgit
SINGAPORE (July 18): Palm oil is expected to retest a support at 2,148 ringgit per tonne, as suggested by its wave pattern and a projection analysis
Resistances to cap the upside in MCX Crude Palm Oil
The Crude Palm Oil (CPO) prices are under pressure. The Crude Palm Oil futures contract on the Multi Commodity Exchange (MCX) have been on a strong downtrend over the last couple of months. The contract made a high of ₹673 per 10 kg on May 22 and had reversed sharply lower from there.
Malaysia to implement B10 biodiesel programme by mid-2019
KUALA LUMPUR, July 18 (Reuters) - Malaysia will implement a higher biodiesel mandate from the second half of 2019, raising the minimum bio-content local producers must put in biodiesel to 10 percent from the current 7 percent, in a move to support palm oil prices.
EU Public Opinion On Palm Oil Remains Negative - French Envoy
KUALA LUMPUR -- Despite continuous efforts to promote the palm oil industry, consultations with various stakeholders in the European Union (EU) and the strengthening of engagement with end-users, public opinion regarding palm oil in the EU is still negative due to concerns on climate change, environmental protection and biodiversity conservation.
Malaysian palm oil/Vegoils: Market factors to watch Wednesday July 18
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday July 18.
Malaysian palm oil price edges down on overnight soyoil losses
KUALA LUMPUR: Malaysian palm oil futures edged down slightly at the close of trade on Tuesday, tracking overnight losses in soyoil, but remained largely range-bound as a weaker ringgit offset losses, traders said.
New report spotlights financiers of palm oil giant clearing Liberia’s forests
A new report by Friends of the Earth highlights deforestation by Golden Veroleum Liberia, an arm of the billionaire Widjaja family’s conglomerate.
NNPC ventures into oil palm bio-diesel project
The Nigerian National Petroleum Corporation (NNPC) has commenced a community integration and stakeholders’ engagement to sensitise people in Cross River ahead the planned oil palm-based bio-diesel project.According to a statement by the spokesman of the NNPC, Mr. Ndu Ughamadu, in Abuja 26,000-hectare facility was designed to accommodate an oil palm plantation co-located with bio-diesel, crude palm oil co-generation plants and other facilities.
