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CPO prices seen at RM4,400-RM4,600 on tighter supply
Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
Palm slips over 1% on weaker soyoil, bearish MPOB data
CPO Futures End Higher, Tracking Stronger Soybean Oil Prices
CPO Futures End Lower On Weaker Exports
02/12/2024 (Bernama), Kuala Lumpur – Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is ended lower today as weaker exports weighed down market sentiment.
Indonesia to Roll Out B40 Biodiesel Program in 2025
02/12/2024 (Chemical Analyst News) - Indonesia is set to officially implement its B40 biodiesel program starting January 1, 2025, as part of its commitment to reducing carbon emissions and promoting sustainable energy. The B40 biodiesel, which is made from palm oil, is expected to cut carbon dioxide (CO2) emissions by up to 40 million tonnes annually. Coordinating Minister for Economic Affairs, Airlangga Hartarto, announced this during the 12th Ministerial Meeting of the Council of Palm Oil Producing Countries (CPOPC). He shared that Indonesia has already made significant progress in reducing CO2 emissions through the B35 biodiesel program, which has resulted in a reduction of approximately 32 million tonnes of CO2 annually. Building on this success, the B40 program aims to take these efforts further, with the goal of surpassing 40 million tonnes in CO2 emission reductions each year.
Indonesia and Malaysia push for fair EU palm oil regulations
02/12/2024 (Scand Asia) - Indonesia and Malaysia are working together to address the EU Deforestation Regulation (EUDR). The issue was discussed at the 12th Council of Palm Oil Producing Countries (CPOPC) meeting in Jakarta.
Indonesia committed to introduce B40 biodiesel on Jan 1 next year, says minister
29/11/2024 (The Edge Malaysia), Jakarta - Indonesia remains committed to start implementing a 40% mandatory biodiesel mix with palm oil-based fuel, or B40, on Jan 1 next year, its chief economic minister said on Friday.
FGV continues to improve palm oil productivity
29/11/2024 (The Star Online), Petaling Jaya - Analysts are mostly positive about FGV Holdings Bhd’s earnings and have raised their estimates for its future results.
Jo Ghani: Scientific study to counter negative claims against palm oil
29/11/2024 (New Straits Times), Kuala Lumpur - The Council of Palm Oil Producing Countries (CPOPC) will conduct a specific scientific study to counter baseless claims and negative perceptions against palm oil.
Johari calls for greater Malaysia-Indonesia cooperation to address palm oil challenges
29/11/2024 (Free Malaysia Today), Jakarta - Plantation and commodities minister Johari Ghani has called for greater cooperation between Malaysia and Indonesia to address the regulatory challenges facing the global palm oil industry.
East Coast floods, low stockpiles seen lifting CPO futures next week
30/11/2024 (Bernama), Kuala Lumpur – The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with an upside bias next week, given the worsening floods is expected to trade with an upside bias next week, given the worsening floods in East Coast.
“We plan to expand our product portfolio with healthier oil options”
02/12/2024 (The Daily Star (TDS)) - What is the current state of the edible oil market in Bangladesh? What are the key challenges in ensuring a steady supply? What measures can stakeholders, including your company, take to stabilise prices and improve affordability for consumers?
