PALM NEWS MALAYSIAN PALM OIL BOARD Tuesday, 26 Nov 2024

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Carian Terperinci

Berita Arkib

MARKET DEVELOPMENT  
  16-08-2023

Palm oil snaps three-session fall as exports surge

15/08/2023 (Business Recorder), Kuala Lumpur - Malaysian palm oil futures rose more than 2% on Tuesday ending a three-session decline, helped by a surge in exports, a declining ringgit and strength in rival edible oils.

MARKET DEVELOPMENT  
  16-08-2023

Traders and consumers concerned about polybag cooking oil shortage

15/08/2023 (New Straits Times), Kuala Terengganu - The short supply of subsidised polybag cooking oil has become critical as traders and consumers claim that it is difficult to get in the surrounding areas here.

MARKET DEVELOPMENT  
  16-08-2023

GCMD Trial Shows 83% Emissions Reduction with Vegetable Oil Biofuel Blend

15/08/2023 (Energy Portal EU) - The Global Centre for Maritime Decarbonisation (GCMD) revealed that carbon emissions decreased by 83% when using a vegetable oil biofuel blend compared to marine gasoil during a trial for a dual-fuel liquefied petroleum gas (LPG) carrier. This trial is part of the GCMD’s $18 million project to test various biofuel blends in order to reduce carbon emissions.

OILS & FATS  
  16-08-2023

Kerala’s engineering college develops biodiesel from used cooking oil

15/08/2023 (India Narrative) - Scientists and institutions all over the world are exploring methods of converting waste into wealth. Among these are Indian ones too and an example of this endeavour came to the fore as faculty and students of College of Engineering, Thiruvananthapuram along with Kerala State Electricity Board Limited developed biodiesel from non-edible cooking oil.

OILS & FATS  
  16-08-2023

Indonesia's trade surplus narrows in July

15/08/2023 (Xinhua), Jakarta - Indonesia posted a trade surplus of 1.31 billion U.S. dollars in July, down from June's 3.45 billion dollars, the Statistics Indonesia BPS said on Tuesday.

LOCAL  
  15-08-2023

Stop ‘No Palm Oil’ sales or face fines: Unfair labels under authority scrutiny

KUALA LUMPUR: Advokasi Perusahaan dan Industri (API), an advocacy group dedicated to promoting business and industry growth, urges consumers, supermarkets and retailers to be informed of the new regulation under the Trade Description Act 2011 (Act 730), which prohibits the use of discriminatory labels against palm oil.

MARKET DEVELOPMENT  
  15-08-2023

India's July palm oil imports hit 7-month high as refiners boost purchases

MUMBAI, Aug 14 (Reuters) - India's palm oil imports in July jumped 59% from the previous month to 1.08 million metric tons, the highest in seven months, as refiners took advantage of lower prices to increase purchases, a trade body said on Monday.

WORLD  
  15-08-2023

CPOPC urges youth to help build sustainable palm oil industry

Jakarta (ANTARA) - The Council of Palm Oil Producing Countries (CPOPC) has urged the youth from member countries to become actively involved in building a sustainable palm oil industry.

WORLD  
  15-08-2023

Replicate palm oil council model to promote universities abroad

ECONOMIC development would be hampered without talent. All countries, developed or developing, give priority to talent development.

MARKET DEVELOPMENT  
  15-08-2023

CPO futures to trade on slighty upwards bias this week

KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade on a slightly upward bias on the back of a strong export performance.

MARKET DEVELOPMENT  
  11-08-2023

Malaysia's end-July palm oil stocks rise to five-month high

KUALA LUMPUR: Malaysia's end-July palm oil inventories rose to a five-month peak on higher production, data from the country's palm oil board showed on Thursday, but missed expectations as exports grew at a faster pace.

MARKET DEVELOPMENT  
  11-08-2023

Palm oil demand boosted as rival oil prices jump on supply woes

MUMBAI, Aug 10 (Reuters) - Demand for palm oil has been increasing as its discount to soyoil and sunoil has grown, driven by the recent price rise in rival oils due to production concerns in the U.S. and supply disruptions from the Black Sea region, industry officials said.