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AI boom is turning Malaysia’s palm oil estates into data centres
Malaysia lowers December crude palm oil reference price, maintains duty at 10%
Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
CPO Futures Snap Two-Day Gains To Close Lower
Malaysian palm oil futures up on support from rival oils
14/05/2024 (Business Recorder), Jakarta - Malaysian palm oil futures closed higher on Monday as the market tracked strength in rival oils at Dalian and Chicago Board of Trade, while the market awaited export data for further cues.
10 Long-Term Health Benefits Of Consuming Olive Oil
13/05/2024 (NDTV) - Olive oil is renowned for its numerous health benefits, many of which are attributed to its high content of monounsaturated fats and various bioactive compounds. In this article, we discuss a list of ways in which consuming olive oil can boost your overall health.
3 technologies identified to boost palm oil production, cut reliance on foreign labour
10/05/2024 (New Straits Times), Klang - The adoption of three advanced technologies have been identified as methods to enhance the country's palm oil industry and reduce the reliance on foreign labour.
Malaysia’s palm oil stocks surge as output jumps despite weak exports
10/05/2024 (Free Malaysia Today), Kuala Lumpur - Malaysia’s palm oil stocks increased at the end of April for the first time in six months as production jumped despite a drop in exports, the industry regulator said on Friday.
France remains primary rapeseed producer in EU-27
09/05/2024 (Biofuels International) - The EU Commission expects a decrease in rapeseed harvests in Romania, Germany, Poland and the Czech Republic in 2024 compared to the previous year.
USDA Predicts 14 Billion Pounds Of Soybean Oil Will Go To Biofuel Production For 2024-‘25
11/05/2024 (Biodiesel Magazine) - The USDA currently predicts soybean oil use in biofuel production will increase by 1 billion pounds to 14 billion pounds for 2024-25, according to the agency’s latest World Agricultural Supply and Demand Estimates Report, released May 10.
Spanish Producers Celebrate Award-Winning Finish After Demanding Harvest
10/05/2024 (Olive Oil Times) - Olive farmers and millers in Spain, the world’s largest olive oil-producing country, once again overcame extreme temperatures and dry weather to produce world-class extra virgin olive oil.
CPO futures extend decline amid weaker edible soft oils
09/05/2024 (The Edge Malaysia), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its decline on Thursday, weighed down by weaker edible soft oils and cautious trading ahead of April’s palm oil data on Friday.
April FAO food prices index slightly higher, vegetable oils and cereals climbing
09/05/2024 (MercoPress) - The benchmark for world food commodity prices edged higher in April, as higher prices of meat and modest upticks for vegetable oils and cereals outweighed decreases in sugar and dairy product prices, the Food and Agriculture Organization of the United Nations (FAO) reported.
