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OILS & FATS
29-02-2024

Indonesia palm oil firms warn of food security risks as biodiesel use rises

28/02/2024 (Nikkei Asia), Jakarta - Indonesian palm oil producers are voicing concerns that the continuing rise in domestic demand for biofuels could harm the country's food security and take a toll on exports amid stagnant production of the commodity.

OILS & FATS
29-02-2024

US biofuel credit prices hit 3-year low, expected to stay weak, EIA says

28/02/2024 (ET Auto), The slump in prices for the credits, known as Renewable Identification Number (RINs), could reduce incentives for investments in biofuels production, the EIA warned. This could hinder the energy transition away from fossil fuels.

MARKET DEVELOPMENT
28-02-2024

Indonesia 2024 palm oil output seen rising by 5% year-on-year – GAPKI

27/02/2024 (XM), Jakarta - Indonesia's palm oil output this year is expected to rise by 5% year-on-year to 57.6 million metric tons as more newly matured crops come into fruition, the Indonesia Palm Oil Association (GAPKI) said on Tuesday.

MARKET DEVELOPMENT
28-02-2024

Indonesia plans to double palm oil replanting subsidy to spur participation

27/02/2024 (XM), Jakarta - Indonesia plans to double its palm oil replanting subsidy, chief economic minister Airlangga Hartarto said in a statement on Tuesday, to boost farmer participation in the programme.

MARKET DEVELOPMENT
28-02-2024

United Plantations rises on record earnings, as analyst sees CPO prices averaging at RM4,000/mt in 2024

27/02/2024 (The Edge Malaysia), Kuala Lumpur - Perak-based plantation firm United Plantations Bhd's share price rallied further to reach a record high on Tuesday, after the company reported record earnings and dividends for the financial year ended Dec 31, 2023 (FY2023).

MARKET DEVELOPMENT
28-02-2024

Indonesia's 2023 palm oil, palm kernel oil exports at 32.2 mil metric tonnes

27/02/2024 (The Edge Malaysia), Jakarta - Indonesia's palm oil exports in 2023 dropped by 2.7% on a yearly basis to 32.2 million metric tonnes from 33.1 million tonnes shipped in 2022, the Indonesia Palm Oil Association (Gapki) said on Tuesday.

MARKET DEVELOPMENT
28-02-2024

London Gatwick's Green Leap: Swapping Diesel for Vegetable Oil to Slash Emissions

27/02/2024 (BNN Breaking) - In an era where the clarion call for climate action reverberates across the globe, London Gatwick has taken a bold step forward. Embracing innovation and sustainability, the airport has dramatically reduced its carbon footprint by transitioning its diesel vehicle fleet to Hydrotreated Vegetable Oil (HVO), a move that has slashed carbon emissions by an impressive 90%. This strategic pivot forms the cornerstone of Gatwick's ambitious 'Decade of Change' plan, marking a significant leap towards environmental stewardship and operational efficiency. But what makes this transition particularly noteworthy? Let's delve into the heart of Gatwick's green journey.

MARKET DEVELOPMENT
27-02-2024

FGV's 2023 net profit shrinks 12-fold on lower palm oil prices

26/02/2024 (The Edge Malaysia), Kuala Lumpur - FGV Holdings Bhd’s net profit fell 12-fold to RM103 million in 2023 from RM1.33 billion in 2022 as the group’s mainstay plantation business' earnings plummeted amid lower average crude palm oil (CPO) prices.

MARKET DEVELOPMENT
27-02-2024

VEGOILS-Palm ends higher despite weak export data

26/02/2024 (Nasdaq), Jakarta - Malaysian palm oil futures closed higher on Monday, after posting a weekly gain last week, even as subdued exports data weighed on the contract.

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PALM NEWS MALAYSIAN PALM OIL BOARD Tuesday, 26 Nov 2024

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PALM NEWS MALAYSIAN PALM OIL BOARD Tuesday, 26 Nov 2024 | Carian Terperinci

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PALM NEWS MALAYSIAN PALM OIL BOARD Tuesday, 26 Nov 2024

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