Latest News

OILS & FATS
23-10-2024

Plantation Ministry proposes investing in new tech, infra for waste-to-energy production

22/10/2024 (The Edge Malaysia), Kuala Lumpur - The Ministry of Plantation and Commodities on Tuesday proposed investing in new technologies and infrastructure to more efficiently convert wastes from palm oil production into biomass energy.

OILS & FATS
23-10-2024

IDH Launches Manifesto To Catalyse Sustainable Sourcing For Palm Oil Production In India

22/10/2024 (The CSR Universe), Gurugram - IDH has launched a manifesto at their annual event Sutra 2.0 - The Sustainable Trade Summit 2024 that aims to accelerate responsible sourcing in Indian markets and foster dialogue on sustainable agricultural value chains.

OILS & FATS
23-10-2024

Palm oil surges more than 2% on stronger rival oils

22/10/2024 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures rose more than 2% on Tuesday, boosted by strength in rival oils.

OILS & FATS
22-10-2024

Malaysia’s palm oil industry to focus on replanting and sustainability

21/10/2024 (Oils & Fats International) - The palm oil sector in Malaysia is set to focus on challenges including ageing oil palm trees and stagnant yields while increasing its commitment to global sustainability standards, according to industry leaders quoted in a report by The Malaysian Reserve.

OILS & FATS
22-10-2024

CPO FUTURES CLOSE HIGHER ON STRONGER EXPORT PACE, EXPECTATION OF WEAKER OUTPUT

21/10/2024 (Bernama), Kuala Lumpur - Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday due to a stronger export pace and the expectation of weaker output in the coming weeks, said a dealer.

OILS & FATS
22-10-2024

Palm up on positive export estimates, expectations of weak output

21/10/2024 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures closed up on Monday, rebounding after two sessions of losses, supported by higher export estimates and anticipated seasonal palm production declines.

OILS & FATS
22-10-2024

ICE canola rises for fourth session, following vegoil strength

21/10/2024 (Reuters), WINNIPEG, Manitoba - ICE canola futures closed higher Monday for a fourth straight session on spillover strength from global vegetable oil markets and signs of export demand, traders said.

OILS & FATS
22-10-2024

Low water levels in Paraná River drive up soyabean oil and biodiesel prices in Brazil

21/10/2024 (Oils & Fats International) - Declining water levels in the upstream sector of the Paraná River, in Argentina, due to the dry season, have disrupted water transportation and led to increased prices for soyabean oil and biodiesel in Brazil, Palm Oil magazine wrote.

OILS & FATS
21-10-2024

Budget 2025 adjustments in export tax seen helping palm oil refining industry be more competitive

20/10/2024 (The Malaysian Reserve) - THE adjustments in export tax under Budget 2025 will help the palm oil refining industry be more competitive, compared with Indonesia, according to Glenauk Economics.

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