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MARKET DEVELOPMENT
13-03-2024

Palm Oil Output Surges 2% Higher Than Last Year's Figures

12/03/2024 (Chem Analyst News) - The most recent report issued by the US Department of Agriculture (USDA) presents projections indicating a notable uptick in global palm oil production for the 2023/24 period, expected to reach an unprecedented 79.5 million tonnes. This forecast signifies a modest increase of nearly 2% in comparison to the preceding year.

OILS & FATS
12-03-2024

Palm oil stocks at lowest level in seven months

12/03/2024 (The Star), Kuala Lumpur - Malaysia’s palm oil stocks at the end of February dwindled to their lowest levels in seven months as production hit a 10-month low, offsetting the slowdown in exports, says the industry regulator.

MARKET DEVELOPMENT
12-03-2024

Higher export revenue from oil palm sector this year

11/03/2024 (Business Times), Our palm oil is poised to remain a key contributor to the nation's economy this year.

OILS & FATS
12-03-2024

Palm oil production up 2% on previous year

11/03/2024 (Biofuels International), According to the US Department of Agriculture (USDA), global palm oil production in 2023/24 is set to rise to a record high of 79.5 million tonnes, exceeding the previous year's level by just under 2%.

OILS & FATS
12-03-2024

Two companies in talks about producing hydro-treated vegetable oil as renewable fuel in Derry

11/03/2024 (Derry Journal), David Blevings, the Ireland manager of the trade association for liquid fuel heating equipment manufacturers, told the Northern Ireland Affairs Committee of the interest as he briefed them on biofuels.

OILS & FATS
12-03-2024

Cooking up opportunities: Used cooking oil can be a ‘sizzling success’ for Indonesia

11/03/2024 (Asia News Network), Jakarta – In the bustling kitchens of Indonesia, stretching from the sprawling metropolis of Jakarta to the tranquil coasts of Bali, a remarkable untapped resource is being generated – used cooking oil (UCO).

OILS & FATS
12-03-2024

CPO futures likely to trade with downside bias next week amid profit-taking

11/03/2024 (Business Times), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a downward bias next week amid profit-taking activities after the recent price rally, dealers said.

MARKET DEVELOPMENT
11-03-2024

Action will be taken against companies that discriminate against M'sian palm oil, says Johari

10/03/2024 (The Star Online), Kuala Lumpur - The Plantation and Commodities Ministry will work with the Domestic Trade and Consumer Affairs Ministry to take action against product-importing companies that discriminate against palm oil in the country.

MARKET DEVELOPMENT
11-03-2024

Use "Palm Oil Free" labels and face up to RM250,000 fine, warns Plantation and Commodities Ministry [BTTV]

10/03/2024 (New Straits Times), Kuala Lumpur - The government has warned against the use of discriminatory "Palm Oil Free" labels on products based on the commodity, with those found guilty can be fined up to RM250,000.

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PALM NEWS MALAYSIAN PALM OIL BOARD Monday, 25 Nov 2024

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PALM NEWS MALAYSIAN PALM OIL BOARD Monday, 25 Nov 2024

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