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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
Processors warn of looming surge in edible oil price
21/05/2024 (People Daily) - The price of edible oil is likely to surge by up to 80 per cent if the Finance Bill 2024 which is proposing a 25 per cent excise duty on vegetable oil and other raw materials is passed.
Oil firms told to hike biodiesel blend by October
21/05/2024 (Business World) - HE DEPARTMENT of Energy (DoE) directed oil companies to increase the coco biodiesel blend starting October, in a bid to help reduce pump prices and support the local industry.
More Volvo Trucks capable of using B100 biodiesel
17/05/2024 (Power Progress) - Volvo Trucks has extended the number of models available which can use B100 biodiesel (also known as FAME, fatty acid methyl ester). The vehicles are described as a ready-made solution for customers looking to reduce CO2 emissions related to road transport.
Sticky trick: new glue spray kills plant pests without chemicals
18/05/2024 (The Guardian) - Tiny sticky droplets sprayed on crops to trap pests could be a green alternative to chemical pesticides, research has shown.
Tripura's palm oil production push: One lakh saplings prepared in nursery in Sepahijala to be planted by August
18/05/2024 (Big News Network), India - As the Tripura government in collaboration with private agencies is striving towards the production of oil palm at a commercial scale, around one lakh saplings of the crop prepared in a huge palm nursery will be planted in over 700 hectares of land across the state by August.
Cooking Oil and ghee prices record decrease of up to Rs75 per liter
19/05/2024 (MM News) - According to the association, consumers can now purchase Brand A and Brand B cooking oil and ghee at significantly lower prices. Brand A cooking oil is now priced at Rs 525 per liter, marking a reduction of Rs 75, while Brand A ghee is priced at Rs 525 per kg after a reduction of Rs 25.
India's oilmeal exports drop 6% in April
19/05/2024 (The Economic Times) - India's overall oilmeal exports during April 2024 were 6 per cent lower on a yearly basis at 4.65 lakh tonnes. During the same month last year, the total exports were 4.93 lakh tonnes, industry data showed
Palm oil ends lower with export data in focus
16/05/2024 (Reuters), Jakarta - Malaysian palm oil futures shed earlier gains and closed lower onThursday, as traders braced for Malaysia's export data due later this week.
Malaysia keeps June crude palm oil exports duty at 8 pct
17/05/2024 (Malaysia Sun), Kuala Lumpur - Malaysia, the world's second-largest palm oil producer, has on Thursday kept its June crude palm oil (CPO) exports duty at 8 percent.
