Berita Arkib

13/08/2024 (Chronicle Live) - Newcastle International Airport are set to power vehicles with vegetable oil to reduce carbon dioxide emissions by up to 90%. Currently, 31% of the vehicle fleet are already electric and those remaining will now switch from diesel fuel to hydrotreated vegetable oil.

13/08/2024 (Open for Business) - Rapeseed oil exports in July-June 2023-2024 marketing year (MY) reached a record high of more than 420,000 tons, Ukroliaprom association said.

12/08/2024 (Bernama), Kuala Lumpur - Malaysia’s palm oil exports surged 39.92% to 1.69 million tonnes in July 2024 from 1.21 million tonnes in June 2024, according to the Malaysian Palm Oil Board (MPOB).

12/08/2024 (New Straits Times), Kuala Lumpur - RHB Investment Bank Bhd (RHB Research) forecasts that long-term crude palm oil (CPO) prices will range between RM3,000 and RM3,500 per tonne, driven by increasing costs and rising demand.

13/08/2024 (Biodiesel Magazine) - The USDA maintained its forecast for 2024-’25 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimate report, released Aug. 12. The forecast for soybean production was revised up.

12/08/2024 (People Daily) - The edible oil programme initiated by the government to bring down the cost of the commodities in the country did not have any impact on the prices despite the government pumping Ksh 14.4 billion into the programme.

11/08/2024 (VNA), Jakarta - Indonesia is conducting tests as it prepares for the incoming government’s plan to increase the palm oil-based biodiesel blending mandate to 50%, up from the current 35%.

11/08/2024 (New Straits Times), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a downside bias next week, with prices anticipated to range between RM3,650 and RM3,850 per tonne, according to a trader.

12/08/2024 (Malaysia Sun) - Supporting Malaysia's smallholder farmers with technology and policy can ensure a sustainable palm oil industry.

12/08/2024 (Daily News) - The Malaysian High Commissioner in Sri Lanka Badli Hisham Adam said that Sri Lanka’s climate is ideal for a profitable palm oil cultivation and production, which can alleviate poverty and benefit smallholders.

08/08/2024 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Thursday due to increased soybean oil prices, said palm oil trader David Ng.

08/08/2024 (Reuters), Kuala Lumpur - Malaysian palm oil futures edged higher on Thursday after a three-day losing streak, buoyed by stronger rival Dalian contracts, though weaker crude oil prices and a firmer ringgit currency capped the gains.