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Palm oil to enjoy lower tariffs with new European trade deal
Malaysian palm oil falls on rising June stockpile
Palm oil rises on stronger crude, Chicago soyoil
Palm Oil Prices To Hold Despite Policy-Driven Support: BMI
Soybean Oil Market Faces Uncertainty as second quarter makes its move towards May 2024
15/05/2024 (Chem Analyst) - As anticipation mounts ahead of the forthcoming USDA report, the soybean market is treading cautiously, mindful of two significant factors looming largely: recent flooding in Rio Grande does Sul and a general strike in Argentina witnessed in the end of April. This cautious sentiment is likely to rippled through market activities including the trading concerning the Soybean Oil, particularly evident from Argentina, where soybean prices have seen fluctuations but remained largely stable amidst subdued trading including the downstream Soybean Oil as well.
Palm oil trades lower as market waits for export and production data
14/05/2024 (Reuters), Jakarta - Malaysian palm oil futures reversed gains on Tuesday as the market is awaiting Malaysia's palm oil export and production performance for further cues.
India April palm oil imports rise to 3-month high
14/05/2024 (Reuters) - India's palm oil imports rose to their highest level in three months in April as lower prices lured buyers, while rival sunoil imports slipped, a leading trade body said on Tuesday.
Golden Agri Q1 profit falls 60% to US$37 million on weaker crude palm oil prices
15/05/2024 (The Business Times) - GOLDEN Agri-Resources’ (GAR) net profit for the first quarter ended March stood at US$37 million, down 60 per cent on the year amid continued weakness of crude palm oil (CPO) prices during the period.
Soy falls as cooking oil imports excluded from China tariffs
14/05/2024 (Reuters), Chicago - Chicago Board of Trade soybean futures dipped on Tuesday as analysts said the market was disappointed that U.S. President Joe Biden's administration did not include used cooking oil on a list of tariff increases on Chinese goods.
Soy biodiesel byproduct could enhance 3D printing industry
14/05/2024 (Phys Org) - In a development that could advance the 3D printing industry, researchers at the University of Louisville have discovered a way to transform a significant waste output from soy biodiesel plants into a valuable resource.
Sabah on track for sustainable palm oil production
14/05/2024 (The Star), Kota Kinabalu - Sabah has reaffirmed its commitment toward the production of sustainable palm oil in the state by next year under a framework set by the Roundtable on Sustainable Palm Oil (RSPO).
Analysts expect crude palm oil stockpile to increase, impacting prices
13/05/2024 (Malay Mail), Kuala Lumpur - Analysts expect the crude palm oil (CPO) stockpile to increase in the coming months, potentially exerting downward pressure on prices.
MSPO certification achieves 87.4% coverage of Malaysian palm oil plantations
13/05/2024 (The Malaysian Reserve) - SOME 4.94 million ha, or 87.4%, of the palm oil plantations in Malaysia, and 407 of the 446 palm oil mills have been certified under the Malaysian Sustainable Palm Oil (MSPO) standard as of April this year.