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CPO price forecast to climb for rest of the year
CPO FUTURES HIT TWO-YEAR HIGH ON BULLISH SENTIMENT, STRONG EXPORTS
CPO price strength could dissipate through end-2024, says BMI
Positive growth for plantation sector, amid rising CPO prices
Palm tracks rival vegetable oils higher
19/06/2024 (Business Recorder), Jakarta - Malaysian palm oil futures rose on Wednesday, tracking rival vegetable oils on the Dalian Commodity Exchange, recouping some of the losses in the previous session.
Arnott’s taps into Cargill’s credentialed canola oil
18/06/2024 (Grain Central) - The Arnott’s Group has been announced as a founding partner of Cargill’s SustainConnect program, which aims to enhance the production of sustainable canola oil in Australia.
Topsoe: Braya Renewable Fuels Operating At Capacity
20/06/2024 (Biodiesel Magazine) - Topsoe on June 17 announced Braya Renewable Fuels’ biorefinery in Come By Chance, Newfoundland, is now successfully operating and producing renewable diesel at design capacity. The facility, which utilizes Topose’s HydroFlex technology, is also expected to produce sustainable aviation fuel (SAF) in the future.
Many positives of palm oil untold, leading to misjudgment
18/06/2024 (New Straits Times) - A healthy diet must include enough intake of fats. A fat-poor diet can lead to health issues. Nutritionists also advocate that the percentage of energy from fats should not exceed 10 per cent. Too much is also unhealthy. The global demand for edible fats has been growing around 3 per cent yearly, driven by both population growth and the changing diet of the people.
Investing in palm oil could save Nigeria $600m annually- producers
18/06/2024 (Puch) - The National Palm Produce Association of Nigeria has revealed that the country could save a staggering $600m annually by investing in the domestic palm oil sector.
Govt Denies Lapse in Toor Dal, Palm Oil Supply
19/06/2024 (Deccan Chronicle), Chennai - State Minister for Food and Civil Supplies R Sakkarapai denied allegations by opposition party leaders that the government had not distributed toor dal and palm oil to family card holders for the months of May and June and assured that it would be supplied to all card holders. Responding the allegations made by Leader of the Opposition Edappadi K Palaniswami and BJP State President K Annamalai on Tuesday, Sakkarapani said that for the May quota of 1,89,89,000 kg of toor dal, 1,37,79.00 kg of had been supplied to card holders.
Used cooking oil recycling mandate
19/06/2024 (The Star) - Penang Island City Council (MBPP) will soon make it compulsory for food operators to collect used cooking oil to recycle at designated centres.
Catalytic boost for cheaper biodiesel production
19/06/2024 (The Hindu) - A team of scientists from Assam, Odisha, China, and the United Kingdom have developed a water-repellent catalyst that can cut the cost of producing “environmentally benign” biodiesel substantially from the current levels
Invitation to set up palm oil hub
17/06/2024 (New Strait Times), Kuala Lumpur - Malaysian palm oil leaders are welcomed to establish a hub in the Suez Canal Economic Zone to tap on the free trade agreements that Egypt has signed with its neighbours, Egyptian ambassador to Malaysia Ragai Tawfik Said Nasr said.
