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Malaysia raises palm oil export duty for April
Middle East conflict boosts demand for alternative fuels
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Can palm biodiesel provide quick relief for Malaysia amid Iran war?
BioMar responds to report critical of Brazilian soybean sector
Political instability and a dearth of resources is affecting Brazil’s ability to regulate its soybean sector, an investigation by Aarhus, Denmark-based aquafeed firm BioMar has found.
Support golden crop, fight anti-palm oil campaigns, Malaysians urged
KUALA LUMPUR: Malaysians should unanimously back the country’s golden crop and fight the anti-palm oil campaigns, says Primary Industries Minister Teresa Kok Suh Sim.
ECRL lift for CPO?
PETALING JAYA: The prospect of palm oil purchases to be included as part of the East Coast Rail Link (ECRL) renegotiation deal between Malaysia and China will be a boon for the local commodity’s outlook this year, say analysts.
Malaysian state palm oil firm Felda seeks $1.5 billion government bailout: Bloomberg
KUALA LUMPUR (Reuters) - Malaysia's state palm oil plantation agency, the Federal Land Development Authority, is seeking 6 billion ringgit ($1.5 billion) from the government to help turn itself around, Bloomberg reported on Tuesday.
Jokowi, Mahathir Tell Brussels to Get Ready for Retaliation Over Discriminatory Palm Oil Restriction
Jakarta. Indonesian President Joko "Jokowi" Widodo and Malaysian Prime Minister Mahathir Muhammad have sent a scathing joint letter to the European Union, conveying grave concerns from the two countries over an EU plan that would effectively ban palm oil fuel in its member states over the next decade. The letter comes with a threat of trade retaliation against the plan.
CPOPC: EU Delegated Act to ban palm oil driven by political, economic protectionism
KUALA LUMPUR (April 9): The Council of Palm Oil Producing Countries (CPOPC) strongly opposes the Delegated Regulation Supplementing Directive 2018/2001 of the European Union Renewable Energy Directive II (Delegated Act), which classifies palm oil as unsustainable.
Are things finally looking up for the CPO sector?
SINGAPORE (Apr 9): OCBC Investment Research continues to rate the soft commodities sector “neutral†despite the renewal of interest in the sector and higher forecast of the year’s price to close.
Ukraine to plant fewer soybeans
WASHINGTON, D.C., U.S. — Ukrainian farmers are expected to plant less soybeans in the 2019-20 market year due to changes in national tax legislation that make them less profitable, according to the Oilseeds and Products Annual released by the Foreign Agricultural Service of the U.S. Department of Agriculture.
Malaysian palm oil/Vegoils: Market factors to watch Tuesday April 9
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday April 9.