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Malaysia raises palm oil export duty for April
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Middle East conflict boosts demand for alternative fuels
Can palm biodiesel provide quick relief for Malaysia amid Iran war?
Hit to Ukrainian sunflower means US cooking oil price spike
The war in Ukraine hasn’t just driven up crude oil prices — it has also caused cooking oil prices to sizzle.
China’s other oil security problem
We know about China’s energy security vulnerability in its dependence on Russia and the Middle East for oil.
Palm extends gains ahead of key March data
April 11, 2022: Malaysian palm oil futures rose on Monday ahead of official March supply-demand data, extending gains as a forecast of tighter supplies for rival soyoil underpinned the market.
Palm oil to the rescue
11/04/2022 (The News Straits Times) - The Russia-Ukraine war has not just disrupted the global energy market but also wreaked havoc on commodity markets.
Q1 palm oil exports drop 3.6%
10/04/2022 (The Phnom Phenh Post) – Cambodia exported more than 11,000 tonnes of palm oil in the first quarter of 2022, representing a nearly four per cent decrease year-on-year, the latest agriculture ministry data has revealed.
Gov't budgets Rp6.95 trillion for cooking oil direct cash assistance
08/04/2022 (Antara News) - The government has budgeted Rp6.95 trillion in direct cash assistance for 23.15 million beneficiary families to purchase cooking oil.
War in Ukraine Sparks Global Scramble for Sunflower Oil
08/04/2022 (The Bangkok Post) - Russia's invasion of Ukraine has sparked a global shortage of sunflower oil that has in turn pushed prices of other edible oils to record highs, hitting food makers and consumers already grappling with inflation.
Minister asks private sector to commit to cooking oil provision
09/04/2022 (Antara News), Jakarta - State-Owned Enterprises (SOEs) Minister Erick Thohir has asked the private sector to fully commit to providing cooking oil to the people.
Oman Oil signs agreement to introduce biodiesel
10/04/2022 (Zawya) - Oman Oil Marketing Company (OOMCO) and Wakud International LLC (Wakud) have signed an agreement to introduce Biodiesel blends to Oman. The two companies will explore the potential of selling different blends of Biodiesel to customers in the Commercial and Marine segments.
