PALM NEWS MALAYSIAN PALM OIL BOARD Sunday, 08 Sep 2024

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Carian Terperinci

Berita Arkib

OILS & FATS  
  05-06-2024

Palm slips more than 3% on weaker Dalian contracts and crude oil

04/06/2024 (Reuters), Kuala Lumpur - Malaysian palm oil futures fell more than 3% on Tuesday as trading resumed after a public holiday, with weakness in rival Dalian contracts and crude oil prices weighing on the market.

OILS & FATS  
  05-06-2024

Palm oil slumps most in a year on losses in soyoil and crude oil

04/06/2024 (The Edge Malaysia), Jakarta - Palm oil posted the biggest intraday drop in nearly a year, tracking recent falls in soybean oil and crude petroleum oil, which have made the tropical oil less attractive for use in biofuels.

OILS & FATS  
  05-06-2024

Bangchak to Stabilize Palm Oil Prices with B100

04/06/2024 (Bangkok Post) - Chaiwat Kovavisarach, Group Chief Executive Officer and President of Bangchak Corporation Public Company Limited, announced that in response to proposed solutions from the Department of Internal Trade to tackle declining palm oil prices, the company is poised to procure B100 at the standardised price set by the Energy Policy and Planning Office (EPPO) through BBGI Corporation, a major player in the biofuel industry and an affiliate of the Bangchak Group. BBGI will procure crude palm oil from extraction plants at a standardised price set by the Department of Internal Trade, in alignment with oil palm prices. This initiative aims to bolster support for farmers and promote the adoption of environmentally friendly energy sources.

OILS & FATS  
  05-06-2024

APRIL CORN FOR ETHANOL USE, SOYBEAN CRUSH DOWN ON MONTH

03/06/2024 (Brownfield Ag News) - Corn for ethanol numbers were mixed in April.

OILS & FATS  
  05-06-2024

Drizzle-down economics: Spanish harvest up, olive oil prices down?

04/06/2024 (Yahoo Finance) - A bigger-than-expected Spanish olive harvest may bring relief to inflation-addled shoppers later this year in the form of lower supermarket prices.

OILS & FATS  
  04-06-2024

Palm oil: Egypt is Malaysia's key trade partner as govt sets sights on S. Africa, Middle East

03/06/2024 (New Straits Times), Kuala Lumpur - Egypt remains Malaysia's key trading partner as the government sets to expand its palm oil exports to South Africa and the Middle East.

MARKET DEVELOPMENT  
  04-06-2024

EIA: Biofuel Capacity Relatively Stable in March, Feedstock Use Up

04/06/2024 (Biodiesel Magazine) - U.S. biofuels operable production capacity expanded slightly in March, according to data released by the U.S. Energy Information Administration on May 31. Feedstock consumption was up when compared to both the previous month and March 2023.

OILS & FATS  
  04-06-2024

Rushcliffe vegetable oil bin lorries successfully rolled out

03/06/2024 (West Bridgford Wire) - Rushcliffe Borough Council’s new hydrogenated vegetable oil (HVO) bin lorries that reduce carbon dioxide emissions by 90 per cent have been rolled out across the Borough.

MARKET DEVELOPMENT  
  04-06-2024

Biodiesel and Renewable Diesel in the North American Rail Industry

31/05/2024 (Railway Age) - The rail industry continues to advance lower carbon targets to help reduce lifecycle carbon emissions using bio-based diesel fuel solutions in locomotives.

OILS & FATS  
  04-06-2024

CPO to average above RM4,000 per tonne in 2024 as prolonged drought curbs Indonesian output — Sime Darby Plantation

31/05/2024 (The Edge Malaysia), Kuala Lumpur - Sime Darby Plantation Bhd (KL:SIMEPLT) sees crude palm oil prices (CPO) averaging above RM4,000 per tonne in 2024 as severe drought limits supply from Indonesia, the world largest palm producing nation.

MARKET DEVELOPMENT  
  31-05-2024

Spicing up relations

31/05/2024 (The Star), Putrajaya - The spicy Chinese Sichuan mala hotpot, a popular dish in all parts of China, is now a key to Malaysia’s aim of getting its roughly one billion consumers to buy more Malaysian palm oil products.

MARKET DEVELOPMENT  
  31-05-2024

Smuggled edible oils threatening local industry

30/05/2024 (The BF Online) - Local edible oil producers are facing an “existential threat” from a surge of smuggled cooking oils flooding the market, according to the General Manager of Benso Oil Plantation PLC (BOPP), Samuel Avaala Awonnea.