PALM NEWS MALAYSIAN PALM OIL BOARD Sunday, 24 Nov 2024

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Carian Terperinci

Berita Arkib

MARKET DEVELOPMENT  
  19-03-2024

Malaysian palm oil producers welcome expected delay in EUDR regulations

18/03/2024 (Confectionery Production) - Palm oil producers in Malaysia have reportedly welcomed plans from the EU that would see a delay in implementing its much-publicised deforestation regulation policies that have met with fears in South East Asia and Latin America over elevated costs for farmers, reports Neill Barston.

MARKET DEVELOPMENT  
  19-03-2024

Soybean oil futures now available for trading on Bursa Malaysia Derivatives

18/03/2024 (The Edge Malaysia), Kuala Lumpur - Bursa Malaysia Derivatives Bhd (BMD) has commenced trading of the Bursa Malaysia DCE Soybean Oil Futures (FSOY) contract, the first non-palm-based edible oil futures contract listed on the exchange.

MARKET DEVELOPMENT  
  19-03-2024

Brazil’s Chamber of Deputies approves proposal to raise biodiesel mandate to 20% in 2030

18/03/2024 (Fastmarket) - The Brazilian Chamber of Deputies approved late Wednesday the Fuels of the Future proposal that increases the rate of mandatory blending of biodiesel in diesel.

MARKET DEVELOPMENT  
  18-03-2024

Indonesia begins red cooking oil production with plant in North Sumatra

16/03/2024 (The Star Online), Jakarta - President Joko Widodo inaugurated Indonesia’s first red cooking oil production facility in North Sumatra this week, aiming to advance the country's palm oil industry and empower farmers.

MARKET DEVELOPMENT  
  18-03-2024

Brazil’s Chamber of Deputies approves proposal to raise biodiesel mandate to 20% in 2030

16/03/2024 (The Star Online), Jakarta - President Joko Widodo inaugurated Indonesia’s first red cooking oil production facility in North Sumatra this week, aiming to advance the country's palm oil industry and empower farmers.

MARKET DEVELOPMENT  
  18-03-2024

Malaysia keeps April crude palm oil export duty at 8%

15/03/2024 (The Star Online), Kuala Lumpur - Malaysia maintained its export tax for crude palm oil at 8% for April and raised its reference price, a circular on the Malaysian Palm Oil Board website showed on Friday.

MARKET DEVELOPMENT  
  18-03-2024

CPO futures to trade at current levels with upside bias next week

16/03/2024 (The Star Online), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade at current levels with an upside bias next week.

MARKET DEVELOPMENT  
  18-03-2024

Foreign workers are already getting minimum salary -MPOB

16/03/2024 (New Straits Times), Kuala Lumpur - The Malaysian Palm Oil Board (MPOB) is of the opinion that aligning minimum wages for foreign workers as wished by the Indonesian government poses no issue.

MARKET DEVELOPMENT  
  18-03-2024

Plantation Ministry, Petronas Dagangan aim to collect 300,000kg of used cooking oil in 2024, says minister

16/03/2024 (Malay Mail), Kuala Lumpur - The Plantation and Commodities Ministry (KPK), in partnership with Petronas Dagangan Bhd (PDB), targets to collect 300,000 kilogrammes (kg) of used cooking oil (UCO) in 2024 under the UCO Collection Programme.

MARKET DEVELOPMENT  
  18-03-2024

Edible oil demand sees 8% drop in Gujarat households

18/03/2024 (Times of India) - Ahmedabad: Edible oil consumption dropped by 8% in Gujarat households last year compared to 2021. Cottonseed oil penetration remained highest in the state while groundnut oil consumption nosedived due to increased prices.

OILS & FATS  
  15-03-2024

Johari: Palm oil industry players need to increase FFB yields

14/03/2024 (The Star Online), Kuala Lumpur - Industry players and smallholders need to increase the production of fresh fruit bunches (FFB) and crude palm oil (CPO) to maintain the relevance of the Malaysian palm industry, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.

MARKET DEVELOPMENT  
  15-03-2024

VEGOILS-Palm oil climbs, perched at highest levels in over a year

14/03/2024 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures rose for a fourth consecutive session on Thursday, trading at highs last seen over a year ago, as stronger rival edible oils and crude oil prices underpinned the market.