PALM NEWS MALAYSIAN PALM OIL BOARD Thursday, 28 Nov 2024

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Berita Arkib

MARKET DEVELOPMENT  
  20-02-2024

Palm oil snaps two sessions of losses on stronger rivals

19/02/2024 (XM), Jakarta -Malaysian palm oil futures climbed on Monday after two consecutive sessions of losses, supported by a recovery in rival vegetable oils and weaker Malaysian ringgit.

MARKET DEVELOPMENT  
  20-02-2024

500 liter substandard edible oil seized

19/02/2024 (APP), Dera Ghazi Khan - A food safety team of Punjab Food Authority (PFA) seized 500 liters of substandard edible oil in an operation at Multan road here on Monday.

MARKET DEVELOPMENT  
  20-02-2024

EPA: 1.89 Billion RINs Generated In January

20/02/2024 (Biodiesel Magazine) - More than 1.89 billion renewable identification numbers (RINs) were generated under the Renewable Fuel Standard in January, up from 1.76 billion generated during the same month of 2023, according to a data released by the U.S. EPA on Feb. 15.

MARKET DEVELOPMENT  
  20-02-2024

Vedanta Lanjigarh explores biodiesel as green fuel alternative for commercial vehicles

19/02/2024 (The Statesman) - Vedanta Lanjigarh, India’s premier producer of metallurgical grade alumina and a part of Vedanta Aluminium, is exploring applications of biodiesel across plant operations as a part of its strategy to decarbonize its operations.

OILS & FATS  
  19-02-2024

Edible oil price to be fixed tomorrow

18/2/2024 (Bangladesh Post), The government has decided to fix the price of edible oil tomorrow while it has also a plan to reduce the prices of other essential commodities ahead of the holy month of Ramadan.

MARKET DEVELOPMENT  
  19-02-2024

Plans to do away with subsidies for foreigners buying rice, cooking oil and others not discussed in detail: Fahmi

16/2/2024 (New Straits Times), Permatang Pauh - The Cabinet has not discussed in detail on doing away with subsidies for foreigners.

OILS & FATS  
  19-02-2024

Ernakulam leads state in RUCO project, collects 80,066 liters of used oil for biodiesel and soap production

18/2/2024 (Kaumudi Online), Kochi – Ernakulam is at forefront in state in the RUCO project that collects used oil from hotels and catering establishment. 80,066 liters of oil was collected in the district last year. Kozhikode is second. RUCO project aims to provide unadulterated and quality food resources. The oil used to make biodiesel and soap.

MARKET DEVELOPMENT  
  19-02-2024

Malaysia on right track for MSPO recognition from EU, says Fadillah

18/2/2024 (The Star), Kuching - Malaysia is on the right track to obtain the European Union’s (EU) "green light” in the near term for the recognition of the Malaysian Sustainable Palm Oil (MSPO) certification scheme, says Deputy Prime Minister Datuk Seri Fadillah Yusof.

MARKET DEVELOPMENT  
  19-02-2024

AALI's 1.5 Trillion IDR Investment to Boost Sustainable Palm Oil Production and Rejuvenate Unproductive Plants

18/2/2024 (BNN Breaking), In the wake of pressing global demands for environmental stewardship, PT Astra Agro Lestari Tbk (AALI) has once again stepped forward to underscore its enduring commitment to sustainable practices. Amid the intensifying scrutiny brought about by the European Union's Deforestation Regulation (EUDR), this leading agribusiness giant is not just making a statement but taking tangible steps towards a greener future. With a significant capital injection of IDR 1.5 trillion earmarked for 2024, AALI is poised to bolster its No Deforestation, No Peat, No Exploitation (NDPE) policy, focusing on the rejuvenation of unproductive palm plants and thereby ensuring a sustainable production cycle that respects both the environment and the industry’s future.

MARKET DEVELOPMENT  
  16-02-2024

TVET Grads Will Expedite Automation of Palm Oil Sector, Says Expert

16/2/2024 (Free Malaysia Today), Petaling Jaya - An industry expert has lauded a proposal by the plantation and commodities ministry to include palm oil harvesting in technical and vocational education training (TVET) programmes currently on offer.

MARKET DEVELOPMENT  
  16-02-2024

Palm Oil Council Expects CPO Prices to Remain Resilient This Month

15/2/2024 (The Sun), Kuala Lumpur - Palm oil prices are expected to remain resilient, trading above RM3,700 in February with resistance at RM3,950 amid the weak global demand for vegetable oil.

OILS & FATS  
  16-02-2024

New Research Could Make Turning Waste Cooking Oil Into Biofuel Easier And Quicker

16/2/2024 (Biodiesel Magazine), Researchers at De Montfort University Leicester (DMU) have pioneered a new manufacturing process which could make the creation of biofuel from waste cooking oil faster and more efficient.