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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
Is The EU’s War On Palm Oil Working?
The banning of palm oil use in the EU has ruined the livelihoods of smallholder farmers in Indonesia and Malaysia as they make up the biggest number of exporters to the European market.
Policymakers urged to support biofuels to meet transport’s green goals
Governments around the world need to urgently address this year’s 11.6% drop in biofuel output, caused by the pandemic, in order to meet transport’s decarbonisation goals, the head of the renewable energy division at the International Energy Agency (IEA) told EURACTIV in an interview.
FGV expects CPO prices to range RM2,500-RM2,600 per tonne in H1 2021
FGV Holdings Bhd expects crude palm oil (CPO) to trade in the range of RM2,500 to RM2,600 per tonne for the first half (H1) of its financial year ending Dec 31, 2021 (FY21).
Sabah's FFB production down 26.9 pct in Q1 –MPIC
Sabah's average fresh fruit bunch (FFB) yield per month in the first quarter of 2020 (Q1 2020) amounted to 1.17 tonnes per hectare (ha) per month compared with 1.6 tonnes per ha per month in Q1 2019, a decrease of 26.9 per cent, according to the Ministry of Plantation Industries and Commodities (MPIC).
India’s Contribution to the Global Economic Recovery
India seems to be experiencing its own version of this, with some areas improving faster and stronger than others. Decreased importation costs have served as a tailwind to help India
Export demand for rice was on a downward trend last week
Reports indicate that domestic demand has been poor to average with better consumer demand more than offset by much less demand from schools and other institutions. The USDA reports showed a little less yield and production and less export demand for long grain.
Palm oil ends lower for second day
The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange closed down 0.55% to 3,281 ringgit ($797.52) a tonne.
IOI gains on higher CPO prices despite manufacturing taking hit
Revenue jumped 39.52% YoY to RM2.4 billion in the quarter as its plantation segment posted RM273.6 million profit in the quarter, up 116% YoY, on the back of higher CPO and palm kernel prices realised, and higher fresh fruit bunches production.
Energy Ministry: B40 Biodiesel Not Yet Ready Until Mid-2021
The Energy and Mineral Resources (ESDM) Ministry estimated that the utilization of B40 products, which is a mixed fuel of 30 percent biodiesel and 70 percent diesel fuel, would not be ready until the first half of next year.
