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MARKET DEVELOPMENT
21-02-2024

BMI revises 2024 forecast for palm oil futures contracts to RM3,750 from RM3,515 per tonne

20/02/2024 (The Borneo Post), Kuala Lumpur - BMI Country Risk & Industry Research (BMI), a product of Fitch Solutions Group Ltd, has made an upward revision to its forecast for the average price of Bursa Malaysia-listed third-month palm oil futures contracts in 2024 to RM3,750 per tonne from RM3,515 per tonne previously.

MARKET DEVELOPMENT
21-02-2024

Farmers’ union rejects 5-yr MSP guarantee proposal, asks Govt to divert edible oil import costs to India’s farmers

20/02/2024 (The Hindu Business Line), A day after the Samyukt Kisan Morcha (SKM) announced its decision, the joint committee of the SKM (non-political) and the Kisan Mazdoor Sangharsh Committee of Punjab, who are leading the current farmer stir, too have rejected the Centre’s proposal of a five-year guaranteed procurement of five crops at MSPs and decided to continue their march to Delhi.

OILSEEDS
21-02-2024

Soybean oil prices to drop by Tk10 per litre

20/02/2024 (BSS) Dhaka - The government has decided to reduce soybean oil prices by Tk10 per litre ahead of the holy month of Ramadan.

OILSEEDS
21-02-2024

Palm oil falls as weaker exports weigh

20/02/2024 (XM), Jakarta - Malaysian palm oil futures slid on Tuesday as weak export data pressured the contract, however strength inrival vegetable oils and expectation of lower production cappedlosses.

OILSEEDS
21-02-2024

Soy oil Futures Pushing Downside

20/02/2024 (Nasdaq), Beans and meal futures are off their daily highs, but still trading in the black at midday. Soy oil futures are down by 31 to 33 points at midday pushing the downside. Front month beans are up by as much as 9 cents, led by the new crop contracts. Midday Soymeal prices are still $2.70 to $3.10 in the black, though ~$4 off the day’s high.

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.

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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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