Berita Arkib
11-07-2024
Foreign labour boost to help palm oil production this year, next
11/07/2024 (New Straits Times), Kuala Lumpur - The recent increase of foreign labour is anticipated to significantly enhance Malaysia's palm oil production this year and in the future.
11-07-2024
Malaysia's palm oil stocks hit 4-month high in June on weak exports
10/07/2024 (The Star), Kuala Lumpur/Mumbai - Malaysia's palm oil stocks surged to a four-month high in June, driven by a steeper decline in exports compared to production, the industry regulator said on Wednesday.
11-07-2024
Palm extends losses on rising stocks, soyoil weakness
10/07/2024 (Reuters), Mumbai - Malaysian palm oil futures extended losses on Wednesday as inventories rose to a four-month high in June and due to weakness in soyoil, even though an increase in July exports limited the downside.
11-07-2024
Indonesia plans to develop cocoa, coconut sectors using palm oil fund
10/07/2024 (Reuters), Jakarta - Indonesia plans to use funds from its palm oil export levy to finance development of the country's cocoa and coconut sectors, the country's trade minister said on Wednesday.
11-07-2024
MPOC sees palm oil exports to EU stabilising over long term despite EU deforestation regulation
10/07/2024 (The Edge Malaysia), Shanghai - The Malaysian Palm Oil Council (MPOC) sees palm oil exports to the European Union (EU) stabilising in the long term and it will remain an important market for Malaysian palm oil despite challenges presented by the EU Deforestation Regulation (EUDR), as it is confident local players exporting to the region are able to meet sustainability criteria under the new rules.
11-07-2024
USA clears way for imports of Brazilian used cooking oil
10/07/2024 (Oils & Fats International) - The US government is opening the door to Brazilian imports of used cooking oil (UCO) by accepting international certification for the product, Bloomberg reports from a joint statement by the South American country’s ministries of foreign affairs and agriculture.
10-07-2024
Palm drops more than 2pct on rising stock concerns, weak soyoil
09/07/2024 (New Straits Times), Mumbai - Malaysian palm oil futures fell more than 2 per cent on Tuesday, marking their biggest drop in a month, due to an expected rise in stockpiles and tracking losses in rival soyoil, following better-than-expected crop conditions for the U.S. soybean crop.
10-07-2024
CPO prices set to trade between RM3,800 and RM4,200 per tonne in 2H2024, says MPOC
09/07/2024 (The Edge Malaysia), Kuala Lumpur - Crude palm oil (CPO) prices are expected to trade within the range of RM3,800 per tonne to RM4,200 per tonne in the second half of 2024 (2H2024), Malaysian Palm Oil Council (MPOC) chief executive officer Belvinder Kaur Sron said, with production conditions remaining the main factor influencing prices.
10-07-2024
FGV submits petition to US Customs and Border Protection for modification of palm oil import ban
09/07/2024 (Malay Mail), Kuala Lumpur - FGV Holdings Berhad (FGV) announced that it has submitted a petition to the United States Customs and Border Protection (CBP) seeking the modification of the Withhold Release Order (WRO) imposed on its palm oil and palm oil products since September 2020.
10-07-2024
Germany’s UFOP warns current rapeseed output ‘insufficient’ to meet demand
09/07/2024 (Fastmarkets) - Germany’s vegetable oil trade group UFOP warned that current global rapeseed production forecasts suggest there will not be enough of the oilseed available to meet demand and pushed for more planting in 2025 in a press release published on Thursday July 4.
10-07-2024
France remains primary rapeseed producer of the EU-27
09/07/2024 (Biofuels International) - The EU Commission expects a decrease in rapeseed harvests in Romania, Germany, Poland and the Czech Republic in 2024 compared to the previous year.
10-07-2024
EIA: US Biofuel Capacity Expands In April
10/07/2024 (Biodiesel Magazine) - U.S. operable biofuels production capacity increased in April, with gains for ethanol, biodiesel and renewable diesel, according to data released by the U.S. Energy Information Administration on June 28. Feedstock consumption was down from the previous month.