PALM NEWS MALAYSIAN PALM OIL BOARD Sunday, 24 Nov 2024

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Carian Terperinci

Berita Arkib

OILS & FATS  
  02-04-2024

Isuzu teams up with PTT on hydro vegetable oil project

02/04/2024 (Bangkok Post) - Tri Petch Isuzu, the local distributor of Isuzu vehicles, is working with PTT Plc to jointly test vehicles powered by a new clean fuel to support a campaign to cut carbon dioxide emissions, which are high in Thailands’s transport sector.

OILS & FATS  
  02-04-2024

EIA: US Biofuel Capacity Remains Steady In January

02/04/2024 (Biodiesel Magazine) - U.S. biofuels operable production capacity was unchanged in January, according to data released by the U.S. Energy Information Administration on March 29. Total feedstock consumption was down when compared to the previous month.

MARKET DEVELOPMENT  
  01-04-2024

MKH Oil Palm's IPO to raise over RM136mil

29/03/2024 (New Straits Times), Kuala Lumpur - MKH Oil Palm (East Kalimantan) Bhd (MKHOP) aims to generate RM136.4 million from its initial public offering (IPO).

MARKET DEVELOPMENT  
  01-04-2024

Malaysian palm oil futures rise following gains in rival soyoil

29/03/2024 (New Straits Times), New Delhi - Malaysian palm oil futures rose on Friday, mirroring gains in rival soyoil, to reverse losses in the previous two sessions.

OILS & FATS  
  01-04-2024

Ensuring palm oil safe as food ingredient

31/03/2024 (Daily Express) - Strategies for ensuring food safety of palm oil should be intrinsically linked to sustainability. One of the most significant issues facing the palm oil industry is the environmental impact of large-scale production.

MARKET DEVELOPMENT  
  01-04-2024

Okomu Oil Palm reports 44% profit growth in 2023

31/03/2024 (Nairametrics) - Okomu Oil Palm Company Plc has reported a pre-tax profit of N33.84 billion in FY 2023, representing a 44% growth from N23.52 billion in FY 2022.

LOCAL  
  01-04-2024

Rimbunan Sawit to beef up crop production and yield

01/04/2024 (The Star), Kuching - Rimbunan Sawit Bhd will undertake a series of short-to-medium term measures to beef up crop production and yield of its loss-making oil palm plantations.

OILS & FATS  
  29-03-2024

Palm oil smallholder cluster model to increase output

28/03/2024 (Free Malaysia Today), Petaling Jaya - The implementation of the palm oil smallholder cluster model can contribute an additional 9 million tonnes of fresh fruit bunches (FFB) producing roughly 1.8 million tonnes of crude palm oil if all the 1.5 million hectares of land that belong to smallholders can be consolidated into clusters of 10,000 hectares, said plantation and commodities minister Johari Ghani.

OILS & FATS  
  29-03-2024

Malaysia to monitor EU’s palm oil biofuel curbs

29/03/2024 (Reuters), Kuala Lumpur - Malaysia says it will closely monitor how the European Union responds to a World Trade Organization ruling that supported the bloc’s stance that biofuel causing deforestation cannot be regarded as renewables but sought changes in how it implemented that decision.

OILS & FATS  
  29-03-2024

Fitch: Higher global vegetable oil supply to drag CPO prices lower in Q2

27/03/2024 (Malay Mail), Kuala Lumpur - Fitch Ratings foresees that Malaysia’s benchmark crude palm oil (CPO) prices will weaken from the second quarter of 2024 (2Q 2024) due to a higher supply of vegetable oil globally.

OILS & FATS  
  29-03-2024

Vegetable oils give canola market a lift

29/03/2024 (Manitoba Co-Operator) - Since March 1, the May contract for the oilseed has moved up nearly $50 per tonne on the Intercontinental Exchange, including a gain of $19.70 during the week ended March 21.

OILS & FATS  
  29-03-2024

Indonesia accounts for 54% of global palm oil exports: minister

28/03/2024 (Antara News), Jakarta - Coordinating Minister for Economic Affairs, Airlangga Hartarto, has said that Indonesia is dominating global palm oil exports, accounting for 54 percent of world palm oil supplies.