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Malaysia raises palm oil export duty for April
Middle East conflict boosts demand for alternative fuels
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Can palm biodiesel provide quick relief for Malaysia amid Iran war?
China to Import More Palm Oil From Malaysia, Wang Yi Says
China, the world’s second-largest palm oil buyer, will increase its purchases of the tropical oil from Malaysia, Bernama reported, citing Chinese Foreign Minister Wang Yi.
GFP-SPO introduced as reference across palm oil certification schemes
KUALA LUMPUR (July 12): The Global Framework of Principles for Sustainable Palm Oil (GFP-SPO) can be used as a common reference across different certification schemes applied primarily to palm oil production which anchored the United Nations Sustainable Development Goals (UN SDGs) as its base.
Palm rises on Indonesia’s biodiesel mandate, lower exports cap gains
KUALA LUMPUR: Malaysian palm oil futures rose for a third straight session on Tuesday, as traders weighed top producer Indonesia’s plan to raise its biodiesel mandate against declining exports and lower-than-expected production.
Palm oil neutral in 4,090-4,267 ringgit range
SINGAPORE: Palm oil looks neutral in a range of 4,090-4,267 ringgit per tonne, and an escape could suggest a direction.
Mongin: Ministry to probe claim of Sarawak buying Kalimantan fresh fruit bunches
KUCHING (July 12): The Ministry of Plantation Industries and Commodities will investigate an allegation that oil palm fresh fruit bunches (FFB) from Kalimantan, Indonesia are being sold in Sarawak.
Indonesia set for B35 implementation
Indonesia aims to implement a 35% palm oil mix in biodiesel, known as B35, by the end of July to help absorb excess palm oil supply.
Casde: China cuts 21/22 edible oil outputs on lower oilseed imports
China has reduced its forecast for edible vegetable oil production for the current marketing year as imports for oilseeds have declined, the monthly update to China’s Agriculture Supply and Demand Estimates (Casde) showed on Tuesday.
PM's Turkiye visit will further boost local palm oil exports
KUALA LUMPUR: The Ministry of Plantation Industries and Commodities (MPIC) is confident that bilateral ties with Ankara will be further enhanced with the recent visit by Prime Minister Datuk Seri Ismail Sabri Yaakob to Turkiye.
Steep slump in palm oil, commodities a relief from inflation for India
MUMBAI: India’s policy makers and consumers will be cheering a steep slump in commodities, especially palm oil, which could bring about a few months of “surprisingly low†food inflation.
