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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
CPOl price sees first gain in three sessions
Malaysian palm oil futures charted their first rise in three sessions on Thursday, tracking gains in the performance of rival edible oils on the Chicago Board of Trade (CBOT) and China's Dalian Commodity Exchange.
Biodiesel blends to soak up palm oil surplus, buoy prices
Some of the surplus of crude palm oil output is expected to be absorbed by the energy sector, helping to offset falling long-term prices due to the rise of palm-based methyl ester stocks, also known as biodiesel or B100
Unilever suspends sourcing from Indonesian palm oil supplier amid deforestation allegations
Global consumer goods firm Unilever has suspended sourcing from an Indonesian-based palm oil supplier which was found to be in breach of policy on deforestation and peatland clearance. Ongoing deforestation and peatland clearance by Sawit Sumbermas Sarana (SSMS) and its subsidiaries was demonstrated through satellite images in a recent investigation by Chain Reaction Research.
European vegoils-Palm oil up on positioning ahead of USDA data
Palm oil on the European vegetable oils market was firmer on Thursday, helped by positioning ahead of USDA data on Friday and gains in Malaysian palm oil futures, which tracked strength in rival soyoil.
Palm oil targets RM2,179-2,223 range in 3 mths
Palm oil may fall into a range of RM2,179-2,223 per tonne over the next three months, as suggested by its wave pattern and a Fibonacci ratio analysis.
OCBC downgrades CPO futures to RM2,250 per tonne by year-end
OCBC Bank has downgraded the outlook for crude palm oil (CPO) futures to RM2,250 per tonne by year-end, given the weaker prices of late.
Gov’t, Unilever announce vision to transform palm oil plantation
Government and Unilever today announced a Joint Vision to transform the Twifo Oil Palm Plantation (TOPP) into a state-of-the-art sustainable palm oil plantation.
Malaysian palm oil/Vegoils: Market factors to watch Thursday June 29
The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday, June 29
Malaysian palm oil price falls from week's high
Malaysian palm oil futures reversed earlier gains to fall in the second half of trade on Wednesday, dragged down by expectations of rising production in the coming months.
