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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
VEGOILS-Market Factors to Watch August 23
23/08/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
Rotterdam Vegetable Oil Prices
23/08/2017 (Reuters) - The following were Tuesday's Rotterdam vegetable oil prices at 1600 GMT:
VEGOILS-Palm Oil Climbs to 5-Month High on Output Concerns
23/08/2017 (Reuters) - Malaysian palm oil futures extended gains on Tuesday to hit five-month highs on concerns about production, and tracking gains in related edible oils.
Argentine Biodiesel Industry Says U.S. Duties Will Halt Exports
Select Edible Oils up on Rising Demand
23/08/2017 (DNA) - Select edible oil prices firmed up by up to Rs 100 per quintal at the wholesale oils and oilseeds market today on the back of rising demand from vanaspati millers.
Increase in Import Duties on Palm Oil Hailed
23/08/2017 (The Hindu) - The Oil Palm Developers and Processors’ Association (OPDPA) hailed the Centre’s move to increase import duties on palm oil. “It’s a tremendous boost to the industry as the duty hike will help farmers get remunerative price and help domestic processing industry remain self-sufficient,†a release from the Association said.
IJM Plantations Open to Partnerships
23/08/2017 (New Strait Times) - IJM Plantations Bhd (IJMP) is open to any form of partnerships for the growth of its 60,000ha estates to the region of 100,000ha in the mid-term.
Boustead Plantations’ Operating Profit Rises 36%
23/08/2017 (The Star) - Boustead Plantations Bhd (BPB) posted earnings of RM22.69mil for the second quarter (Q2) ended June 30, down 77% from a year earlier due to an extraordinary gain of RM89.6mil in the same quarter of last year from a disposal of plantation land.
Global Cue Lifts Edible Oil
23/08/2017 (Hindu Business Line) - Extended gain in Malaysian palm oil futures on fourth consecutive day lift edible oils prices in domestic markets on Tuesday.