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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
February exports, imports way below forecast
KUALA LUMPUR: Malaysia's exports for February fell 2% to RM70.3bil due to lower exports of palm oil products and liquefied natural gas (LNG), which was in sharp contrast with Bloomberg's survey of an 8% increase.
Malaysia's Feb 2018 exports down as oil palm, LNG sales drop
Malaysia's February 2018 exports fell 2% year-on-year to RM70.3 billion due to a decline in external sales of oil palm-based goods, natural rubber and liquefied natural gas (LNG).
CIMB Research sees CPO averaging RM2,700 in 2018
CIMB Equities Research expects the lower palm stockpile projected for March and concerns over lower soybean crops to be supportive for crude palm oil (CPO) prices.
Palm Oil Bill Deliberation Could Go Nowhere
Indonesia, one of the world’s largest exporter of crude palm oil and palm oil products, relies on the commodity as its major foreign exchange earner.
Palm oil may test support at RM2,440
Palm oil may test a support at RM2,440 per tonne, a break below which could cause a further loss to the next support at RM2,424.
Argentina modifies soybean export tax timing in boost to shippers
Argentina will apply export taxes on soybeans and soy products on the shipment date, rather than the date a deal closes, the Agricultural Ministry said in a decree published in the country’s official gazette on Tuesday.
Indonesia plans bigger biodiesel use in 2018 -govt document
Indonesia's energy ministry is aiming to allocate 3.46 million kilolitres for biodiesel in 2018, according to a government document seen by Reuters, a plan expected to boost consumption of the palm-based biofuel.
Palm oil project saves fish depletion in Kalangala and Buvuma
The Minister for Agriculture Animal Industry and Fisheries Vincent Bamulamgaki Ssempijja has asked both international and local conservationists to stop criticizing government for promoting the vegetable oil project especially in the districts of Kalangala and Buvuma where oil palm tree projects is being implemented.
VEGOILS-Palm slips after two sessions of strong gains
Malaysian palm oil futuresslipped in early trade on Tuesday on technical correction after two straight sessions of sharp gains.
