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CPO prices seen at RM4,400-RM4,600 on tighter supply
CPO Futures End Higher, Tracking Stronger Soybean Oil Prices
Palm retreats from 21-month high on stock outlook, weak exports
Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
Palm oil snaps three-session fall as exports surge
15/08/2023 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures rose more than 2% on Tuesday ending a three-session decline, helped by a surge in exports, a declining ringgit and strength in rival edible oils.
Traders and consumers concerned about polybag cooking oil shortage
15/08/2023 (New Straits Times), Kuala Terengganu - The short supply of subsidised polybag cooking oil has become critical as traders and consumers claim that it is difficult to get in the surrounding areas here.
GCMD Trial Shows 83% Emissions Reduction with Vegetable Oil Biofuel Blend
15/08/2023 (Energy Portal EU) - The Global Centre for Maritime Decarbonisation (GCMD) revealed that carbon emissions decreased by 83% when using a vegetable oil biofuel blend compared to marine gasoil during a trial for a dual-fuel liquefied petroleum gas (LPG) carrier. This trial is part of the GCMD’s $18 million project to test various biofuel blends in order to reduce carbon emissions.
Kerala’s engineering college develops biodiesel from used cooking oil
15/08/2023 (India Narrative) - Scientists and institutions all over the world are exploring methods of converting waste into wealth. Among these are Indian ones too and an example of this endeavour came to the fore as faculty and students of College of Engineering, Thiruvananthapuram along with Kerala State Electricity Board Limited developed biodiesel from non-edible cooking oil.
Indonesia's trade surplus narrows in July
15/08/2023 (Xinhua), Jakarta - Indonesia posted a trade surplus of 1.31 billion U.S. dollars in July, down from June's 3.45 billion dollars, the Statistics Indonesia BPS said on Tuesday.
Stop ‘No Palm Oil’ sales or face fines: Unfair labels under authority scrutiny
KUALA LUMPUR: Advokasi Perusahaan dan Industri (API), an advocacy group dedicated to promoting business and industry growth, urges consumers, supermarkets and retailers to be informed of the new regulation under the Trade Description Act 2011 (Act 730), which prohibits the use of discriminatory labels against palm oil.
India's July palm oil imports hit 7-month high as refiners boost purchases
MUMBAI, Aug 14 (Reuters) - India's palm oil imports in July jumped 59% from the previous month to 1.08 million metric tons, the highest in seven months, as refiners took advantage of lower prices to increase purchases, a trade body said on Monday.
CPOPC urges youth to help build sustainable palm oil industry
Jakarta (ANTARA) - The Council of Palm Oil Producing Countries (CPOPC) has urged the youth from member countries to become actively involved in building a sustainable palm oil industry.
Replicate palm oil council model to promote universities abroad
ECONOMIC development would be hampered without talent. All countries, developed or developing, give priority to talent development.
