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CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
Malaysia’s Palm Oil Stocks Down 3.94 Pct To 2.7 Million Tonnes In February 2026 – MPOB
Palm tracks gains in Dalian and Chicago rival oils, stronger crude
CPO FUTURES RALLY ABOVE RM4,500 PER TONNE, HIGHEST SINCE OCTOBER LAST YEAR
New technologies to complement agriculture sector
THE country’s agriculture and edible oil sector is expected to witness some competition from new technological breakthroughs that could also be the answer to food security issues that might crop up in the near future.
Brazil soy harvesting off to slow start after planting delays
SAO PAULO, Jan 18 (Reuters) - Brazilian soy farmers, who started planting late because of dry weather in the final months of 2020, have harvested only 0.4% of the cultivated soybean area this season, agribusiness consultancy AgRural said on Monday.
Iowa biodiesel production up in 2020 despite COVID-19 headwinds
Although only nine of Iowa’s 11 biodiesel plants operated in 2020, they still managed to bump up production to 351 million gallons despite market challenges presented by the COVID-19 pandemic and Renewable Fuel Standard exemptions. 2020 proved to be the second highest year of biodiesel production in Iowa history behind 365 million gallons in 2018. Plenty of room for growth remains given Iowa’s over 400-million-gallon production capacity.
Trade and Tariff Commission proposes withdrawal of VAT on cooking oil production, trading
Amid the skyrocketing prices of edible oils in the local market, a government body has suggested withdrawing value-added tax (VAT) to tame inflation.
VEGOILS-Palm oil slips 1% on demand worries ahead of export data
KUALA LUMPUR, Jan 19 (Reuters) - Malaysian palm oil futures fell 1% on Tuesday, down for a sixth day in seven, on concerns over declining exports ahead of cargo surveyor data and tracking rival soyoil's price drop.
MPOB develops three palm-based technologies
KUALA LUMPUR: The Malaysian Palm Oil Board (MPOB) has developed three advanced palm-based technologies for commercialisation.
Malaysia initiates legal action against EU over anti-palm oil campaign
KUALA LUMPUR: The plantation industries and commodities ministry (MPIC) has initiated legal action against the European Union (EU) and its member states France and Lithuania following their anti-palm oil measures.
India’s prohibition on import of palm oil affects Nepali industries
BIRGUNJ: Most of the vegetable oil and ghee industries in Parsa and Bara districts have been affected after India imposed a ban on import of palm oil.
Palm oil logs 10pc fall
KUALA LUMPUR: Malaysian palm oil futures fell as much as 3% on Friday and logged their biggest weekly decline in 10 months, as cargo surveyors reported a steep plunge in exports in the first half of January. The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange closed down 102 ringgit, or 2.9%, to 3,425 ringgit ($848.82) a tonne, its lowest since Dec. 23.
