|
AI boom is turning Malaysia’s palm oil estates into data centres
Malaysia lowers December crude palm oil reference price, maintains duty at 10%
CPO Futures Snap Two-Day Gains To Close Lower
Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
Palm oil rises on poor weather, exports recovery and stronger rivals
23/04/2024 (Business Recorder), Singapore - Malaysian palm oil futures extended gains on Tuesday amid hot weather in key producer Malaysia, with strong export data and firmer rival oil prices lending support.
USDA Celebrates Earth Day by Awarding $43 Million In HBIIP Grants
24/04/2024 (Biodiesel Magazine) - The USDA on April 23 awarded more than $43 million in grants through the Higher Blends Infrastructure Incentive Program to support projects that will increase the availability of domestic biofuels in 15 states.
Japan’s 1st biofuel hybrid passenger ship starts service in Kitakyushu
24/04/2024 (World Bio Marketin Sights) - Mitsui O.S.K. Lines announced that the hybrid passenger ship ‘Hanaria’, which uses hydrogen and biodiesel as fuels, started service in Kitakyushu.
Oil palm industry: No scientific evidence justifying criticism of Malaysia, says Johari
23/04/2024 (New Straits Times), Kuala Lumpur - Malaysia always adhered to the concept of sustainability to strengthen the country's oil palm industry by ensuring no deforestation activities or forced labour, in compliance with international standards.
QuickCheck: Is a supermarket hoarding cooking oil in Johor?
23/04/2024 (The Star), Johor Baru - A consumer has accused a supermarket in Johor of hoarding subsidised cooking oil and selling the product to foreign workers in a viral video.
Indonesia expects palm oil exports to recover in April
22/04/2024 (The Business Times) - PALM oil exports from Indonesia, the world’s biggest exporter of the commodity, are expected to recover in April, after shipments in March and February fell below the monthly average over the past year, the trade ministry said on Monday (Apr 22).
CPO futures end higher amid stronger export figures
22/04/2024 (The Edge Malaysia), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Monday influenced by stronger Malaysian palm oil export in April, said a dealer.
Cooking oil prices witness additional 14% reduction, reaching LE 65
21/04/2024 (Egypt Today), Cairo - Minister of Supply and Internal Trade, Ali Al Moselhi, has announced a reduction in oil cooking prices, resulting in a decrease of 36 percent for this commodity. The latest reduction, which took effect on Saturday, amounts to a 14 percent drop.
Renewable diesel facility to run on Alberta canola
23/04/2024 (Alberta Farmer Express) - The Imperial Strathcona Refinery in Alberta is receiving a 12 per cent tax credit for its $720 million under-construction canola-based renewable diesel facility that is said to need millions of tonnes of canola seed per year.
