|
Malaysia raises palm oil export duty for April
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Middle East conflict boosts demand for alternative fuels
Palm falls on weak rival oils, crude oil prices, April demand concerns
Hap Seng remains positive on plantation business
Hap Seng Consolidated Bhd remains positive on its plantation business despite lower crude palm oil (CPO) price expectations of between RM2,000 and RM2,300 per tonne this year.
Biodiesel B10 now available in Thailand
The Minister of Energy has officiated at the first public sale of PTT UltraForce Diesel B10 in Thailand, in keeping with the ministry’s policy to promote biodiesel B10 as the country’s main diesel fuel
QL Resources achieves 11% growth on 4Q net profit, pays 4.5 sen dividend
QL Resources Bhd's net profit grew 11% to RM43.23 million in the fourth quarter ended March 31, 2019 (4QFY19), against RM38.85 million a year ago, supported by its marine product manufacturing and palm oil activities divisions.
FGV posts losses in 1Q2019 on lower palm oil and sugar prices
FGV Holdings Bhd reported net loss of RM3.37 million in the first quarter ended March 2019 compared with a net profit of RM1.12 million a year ago largely due to a sharp drop in palm oil and sugar prices.
Poland against EU plan to ban use of palm oil for biofuels
Poland is against the European Union’s (EU) proposed plan to ban the use of palm oil as a component of biofuels, and stressed that the republic does not intend to reduce the demand for Malaysian palm oil.
FGV Holdings looks to cut reliance on palm oil
FGV Holdings Bhd, the world's largest crude palm oil producer, said on Wednesday it is exploring ways to reduce its dependency on palm oil after slipping to a small first-quarter loss amid flat prices
Palm rises over 2% on strong US soyoil, weak ringgit
Malaysian palm oil futures rose over 2% in evening trade on Wednesday, tracking gains in US soyoil on the Chicago Board of Trade and supported by a weaker ringgit.
Biodiesel containing Malaysian palm oil to be tested on Chinese vehicle
Some 180 sanitary trucks will use biodiesel containing Malay¬sian palm oil in a pilot project to test its feasibility on Chinese vehicles.
Setback for EU fighter jets as Malaysia bets on palm oil barter
Hamstrung by huge public debt, Malaysia is planning to use palm oil to buy military equipment, including fighter jets. European defense companies may not be enthused about Kuala Lumpur's latest attempt at barter trade.
