Latest News

OILS & FATS
07-06-2024

MPOB calls for setting up of oil hub, redistribution centre in Egypt

06/06/2024 (New Straits Times), Kuala Lumpur - Malaysia should take advantage of its recent cooperation with Egypt by establishing an oil hub or redistribution centre, according to the Malaysian Palm Oil Board (MPOB).

OILS & FATS
07-06-2024

CPO FUTURES SNAP TWO-DAY LOSING STREAK, REBOUD AMID SOYBEAN OIL STRENGTH

06/06/2024 (Bernama), Kuala Lumpur – The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher today, rebounding from the previous day’s weakness in line with the strength in the soybean oil market, said palm oil trader David Ng.

OILS & FATS
07-06-2024

Palm oil companies with high ESG transparency are poorly valued: NUS study

06/06/2024 (The Bussiness Times) - EXCELLING in terms of environmental, social and corporate governance (ESG) reporting does not necessarily translate to higher valuations for companies within the palm oil sector.

OILS & FATS
07-06-2024

USDA: April Biodiesel Exports Down From Last Year, Biodiesel Imports Up

07/06/2024 (Biodiesel Magazine) - The U.S. exported 60,273.9 metric tons of biodiesel and biodiesel blends of B30 and greater in April, according to data released by the USDA Foreign Agricultural Service on June 6. Biodiesel imports were at 207,932.6 metric tons for the month.

OILS & FATS
07-06-2024

Soybeans Working on 20 Cent Thursday Gains

06/06/2024 (Bar Chart) - Soybeans are trading 20 to 24 cents higher on Thursday as we get into the noon hour. Soymeal is trading $3.40 to $4.80 higher. Soy Oil futures have overcome recent weakness and are up 125 to 130 points or more.

OILS & FATS
07-06-2024

Campaign highlights premium Greek raisins and olive oil in the UK

06/06/2024 (Birmingham Live) - A groundbreaking three-year campaign is shining a light on high-quality European raisins and premium olive oil.

OILS & FATS
06-06-2024

Sustainable palm oil provides exceptional benefits for your skin and body

05/06/2024 (New Straits Times) - In today's world, many of us tend to look for products that help to make us look good and stay healthy, and one ingredient stands out for its remarkable benefits: sustainable palm oil.

OILS & FATS
06-06-2024

Indonesia designs agricultural commodities digital tracker in sustainability push

05/06/2024 (The Edge Malaysia), Jakarta - Indonesia plans to set up a digital dashboard by August to track its agricultural commodities, its economics ministry said, as the world's top palm oil exporter looks to monitor US$6.5 billion worth of products that face a new EU anti-deforestation rule.

OILS & FATS
06-06-2024

An eco-friendly putty made from vegetable oil boosts coral reef recovery

05/06/2024 (Advanced Science News) - Restoring coral reefs could soon be much easier thanks to an easy-to-use, biodegradable putty used to secure coral fragments to reef rock, allowing the transplantation of new coral colonies. The quick-hardening putty, which can be mixed underwater, is the first product specifically formulated with coral reefs in mind.

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