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Middle East conflict boosts demand for alternative fuels
Can palm biodiesel provide quick relief for Malaysia amid Iran war?
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Malaysia plans phased expansion of biodiesel programme, minister says
Indonesia Talks Preferential Trade Agreements with African Nations
The focus on more intensive trade relations with African countries came after Indonesian President Joko Widodo visited the Indian Ocean Rim Association (IORA) Summit in March 2018. The IORA is an international organization, consisting of coastal states bordering the Indian Ocean, that aims to promote co-operation and closer interaction among its 21-member nations. Indonesia joined the IORA in 1997.
Higher volume in edible oils
In the edible oils market, volume jumped on renewed demand led by strong rumour of duty hike amid weak rupee which makes imports costlier at lower price level.
Malaysian palm oil/Vegoils: Market factors to watch Tuesday April 17
The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday April 17.
Malaysian palm oil price declines to one-month low on slowing demand growth
Malaysian palm oil futures fell to a one-month low on Monday evening, recording a sixth straight day of losses on expectations of slowing demand growth and tracking losses in related edible oils.
Indonesia-Malaysia palm council says UK supermarket Iceland misleads consumers
The Council of Palm Oil Producing Countries (CPOPC), a palm oil board led by Indonesia and Malaysia, said British supermarket chain Iceland's decision to remove palm oil from its own-brand food products misleads consumers.
Low CPO prices to affect planters’ earnings
Malaysian oil palm planters’ earnings in the first quarter of this year will likely be weighed down by lower crude palm oil (CPO) and palm kernel (PK) prices.
Palm oil council says UK supermarket chairn Iceland misleads consumers
The Council of Palm Oil Producing Countries (CPOPC), a palm oil board led by Indonesia and Malaysia, said British supermarket chain Iceland’s decision to remove palm oil from its own-brand food products misleads consumers.
India’s palm oil imports higher due to Malaysia’s duty suspension
India’s palm oil imports for the five-month period to March 2018 increased to 3.79 million tonnes from 3.55 million tonnes a year earlier, thanks to Malaysia’s export duty suspension.
Weak demand drags crude palm oil futures by 0.45%
Crude palm oil prices weakened by 0.45 per cent to Rs 642 per 10 kg in futures market today as speculators reduced exposure, driven by subdued demand in the spot market against adequate stocks position.
