Latest News

OILS & FATS
26-11-2024

Palm rebounds on stronger rival oils

25/11/2024 (Reuters), Kuala Lumpur - Malaysian palm oil futures opened higher on Monday after three consecutive sessions of declines, buoyed by stronger rival vegetable oils.

OILS & FATS
26-11-2024

Sarawak Plantation set for strong 4Q on rising CPO prices — analysts

25/11/2024 (The Edge Malaysia), Kuala Lumpur - Sarawak Plantation Bhd (KL:SWKPLNT) is expected to see a strong performance in the fourth quarter ending Dec 31, 2024 (4QFY2024) on the back of rising crude palm oil (CPO) prices and operational improvements, said analysts.

OILS & FATS
26-11-2024

EUDR compliance a challenge for Thai palm oil

25/11/2024 (Food Navigator) - In Thailand, an unconventional palm oil supply chain makes traceability, and therefore EUDR certification, much more difficult.

OILS & FATS
26-11-2024

US Biodiesel Prices Surge in November 2024

25/11/2024 (Chemanalyst) - The prices of Biodiesel witnessed a surge in the USA market in the week ending on 22nd November 2024. The Biodiesel prices were observed to show a bullish market trend after remaining stable for the past few weeks due to various reasons affecting the demand and supply dynamics of Biodiesel in the market.

OILS & FATS
26-11-2024

Industry Body Urges Centre To Allow Futures Trading In Crude Palm, Soybean Oil

25/11/2024 (Business World) - The edible oil industry body has once again requested the government to reconsider resuming futures trading in internationally traded commodities like crude palm oil and crude soybean oil.

OILS & FATS
26-11-2024

Indian farmers shift from rapeseed to other crops

25/11/2024 (Reuters) - Rapeseed and mustard planting in India is set to drop despite higher prices, as above-average temperatures during the sowing season prompt farmers to switch to crops less affected by heat and which offer equally good returns, industry officials told Reuters.

OILS & FATS
25-11-2024

CPO futures set to trade with bullish bias this week

25/11/2024 (The Star), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a bullish bias this week, driven by potential bargain-buying activity after the recent selldown, a dealer says.

OILS & FATS
25-11-2024

Govt preparing regulation on methane utilization from palm oil waste

24/11/2024 (ANTARA), Pelalawan, Riau - The Environment Ministry is currently preparing regulations related to the utilization of methane from palm oil industry waste, including government incentives and disincentives in its implementation, to support the carbon trading climate in the country.

OILS & FATS
25-11-2024

Palm oil prices a close match to cottonseed oil

25/11/2024 (Times of India), Ahmedabad - The edible oil prices rose significantly over the past three months under the influence of international market conditions and a rise in duties, according to industry experts. All varieties of edible oils witnessed an increase exceeding Rs 100 per 15 kg during the previous month, with palm oil prices reaching close to that of cottonseed oil for the first time.

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