Latest News

OILS & FATS
05-06-2024

Drizzle-down economics: Spanish harvest up, olive oil prices down?

04/06/2024 (Yahoo Finance) - A bigger-than-expected Spanish olive harvest may bring relief to inflation-addled shoppers later this year in the form of lower supermarket prices.

OILS & FATS
04-06-2024

Palm oil: Egypt is Malaysia's key trade partner as govt sets sights on S. Africa, Middle East

03/06/2024 (New Straits Times), Kuala Lumpur - Egypt remains Malaysia's key trading partner as the government sets to expand its palm oil exports to South Africa and the Middle East.

MARKET DEVELOPMENT
04-06-2024

EIA: Biofuel Capacity Relatively Stable in March, Feedstock Use Up

04/06/2024 (Biodiesel Magazine) - U.S. biofuels operable production capacity expanded slightly in March, according to data released by the U.S. Energy Information Administration on May 31. Feedstock consumption was up when compared to both the previous month and March 2023.

OILS & FATS
04-06-2024

Rushcliffe vegetable oil bin lorries successfully rolled out

03/06/2024 (West Bridgford Wire) - Rushcliffe Borough Council’s new hydrogenated vegetable oil (HVO) bin lorries that reduce carbon dioxide emissions by 90 per cent have been rolled out across the Borough.

MARKET DEVELOPMENT
04-06-2024

Biodiesel and Renewable Diesel in the North American Rail Industry

31/05/2024 (Railway Age) - The rail industry continues to advance lower carbon targets to help reduce lifecycle carbon emissions using bio-based diesel fuel solutions in locomotives.

OILS & FATS
04-06-2024

CPO to average above RM4,000 per tonne in 2024 as prolonged drought curbs Indonesian output — Sime Darby Plantation

31/05/2024 (The Edge Malaysia), Kuala Lumpur - Sime Darby Plantation Bhd (KL:SIMEPLT) sees crude palm oil prices (CPO) averaging above RM4,000 per tonne in 2024 as severe drought limits supply from Indonesia, the world largest palm producing nation.

MARKET DEVELOPMENT
31-05-2024

Spicing up relations

31/05/2024 (The Star), Putrajaya - The spicy Chinese Sichuan mala hotpot, a popular dish in all parts of China, is now a key to Malaysia’s aim of getting its roughly one billion consumers to buy more Malaysian palm oil products.

MARKET DEVELOPMENT
31-05-2024

Smuggled edible oils threatening local industry

30/05/2024 (The BF Online) - Local edible oil producers are facing an “existential threat” from a surge of smuggled cooking oils flooding the market, according to the General Manager of Benso Oil Plantation PLC (BOPP), Samuel Avaala Awonnea.

OILS & FATS
31-05-2024

Maybank sets interim targets to lower emissions of palm oil, power portfolios

30/05/2024 (The Edge Malaysia), Kuala Lumpur - To achieve its net zero emissions goal by 2050, Malayan Banking Bhd (KL:MAYBANK) has identified interim decarbonisation targets for the bank’s palm oil and power portfolios.

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