PALM NEWS MALAYSIAN PALM OIL BOARD Sunday, 24 Nov 2024

|

Carian Terperinci

Berita Arkib

OILS & FATS  
  25-03-2024

VEGOILS-Palm oil posts 2% weekly fall on consolidation after recent uptick

22/03/2024 (Reuters), Singapore - Malaysian palm oil futures fell on Friday to mark its first weekly loss in five as it consolidated after a recent bullish episode, while lower edible and crude oil prices added to the decline.

MARKET DEVELOPMENT  
  25-03-2024

CPO futures likely to trade on cautious mode this week

25/03/2024 (The Star), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade sideways this week as traders remain on a cautious mode, a dealer says.

OILS & FATS  
  25-03-2024

Covid-19 remembered: The oil palm business continuity

25/03/2024 (The Star), IN March 2020, Malaysia confronted the onset of Covid-19 pandemic, prompting the imposition of a nationwide movement control order (MCO) to curb the virus’s spread.

OILS & FATS  
  25-03-2024

Prices of Chocolate, Olive Oil Products Rise; Harvests Hit Hard by Unseasonable Weather

25/03/2024 (The Japan News), The cost of raw materials has been soaring due to unseasonable weather overseas, leading to the prices of products such as chocolate and olive oil to continue rising. Combined with rising costs of labor and logistics, a heavy burden has been placed on the consumer.

OILS & FATS  
  25-03-2024

Olive Oil Producers in Portugal Celebrate Country’s Second-Highest Yield

21/03/2024 (Olive Oil Times), From the traditional groves in the north to the super-high-density plantations of the south, producers across Portugal overcame winter rain to achieve a bountiful harvest.

OILS & FATS  
  22-03-2024

Palm oil reverses course amid production growth uncertainty

21/03/2024 (XM), Jakarta - Malaysian palm oil futures dropped on Thursday, erasing earlier gains, amid uncertainty over production growth and some correction in rival vegetable oils.

OILS & FATS  
  22-03-2024

EU’s ban on palm oil import seen as biased

22/03/2024 (The Star), Kuala Lumpur - The European Union’s (EU) ban on the import of palm oil as a biofuel by 2030 is seen as lacking in transparency and scientific reliability, which provides an inaccurate view of the sustainability practices practised in the country’s biofuel industry.

OILS & FATS  
  22-03-2024

Bursa Malaysia Derivatives reports all-time high daily open interest for crude palm oil futures

21/03/2024 (New Straits Times) Kuala Lumpur - Bursa Malaysia Derivatives Bhd has reported an all-time high in daily open interest for its benchmark price-setting crude palm oil futures (FCPO) contract in March.

OILS & FATS  
  22-03-2024

Skoda encourages move to use of vegetable oil

21/03/2024 (Connacht Tribune), Skoda Ireland and fuel retailer Certa have launched a new joint campaign aimed at encouraging owners and would-be buyers of new diesel cars to use hydrotreated vegetable oil (HVO) biofuel as a replacement for diesel to lower their motoring carbon emissions by up to 90%.

OILS & FATS  
  22-03-2024

Biodiesel Market Analysis Forecasts Significant Growth 2024-2030: Global Insights on Trends, Industry Expansion and Top Companies

21/03/2024 (PR Newswire), The global biodiesel market is projected to boom at a CAGR of 6.05% between 2024 and 2030, to reach US$ 59.26 billion by 2030. In modern instances, biodiesel performs a crucial role in addressing environmental challenges and electricity sustainability. As a renewable gas derived from natural assets like vegetable oils and animal fat, biodiesel extensively reduces greenhouse fuel emissions as compared to standard diesel, mitigating climate exchange influences. Its use promotes energy independence by lowering reliance on fossil fuels, contributing to countrywide protection. Additionally, biodiesel supports agricultural economies by developing new markets for farm merchandise, fostering rural improvement, and improving overall environmental quality.

OILS & FATS  
  22-03-2024

Bolivia ready to launch biodiesel plant

21/03/2024 (Merco Press), Bolivian President Luis Arce Catacora announced that his country's first biodiesel production plant will start operating next week in Santa Cruz de la Sierra. Although some experts have doubted the project's worth, the Government said that the new undertaking would generate up to US$ 100 million in savings on fossil fuel imports. Supreme Decree 5135 authorizes the addition of up to 25% of vegetable components to conventional fuels.

OILS & FATS  
  21-03-2024

Palm oil rebounds on strong exports

20/03/2024 (Reuters), Jakarta - Malaysian palm oil futures rebounded on Wednesday, as better export figures and expectation of easing production growth in March supported prices.