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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?
Malaysia keeps April crude palm oil export duty at 0 pct
Malaysia kept its export duty on crude palm oil for April at zero percent, according to a circular on the Malaysian Palm Oil Board's website on Wednesday that cited the national customs department.
EU labels palm oil in diesel as unsustainable
The European Commission today decided that palm oil is not a green fuel and should not be promoted because it causes deforestation. The use of palm oil in diesel, which is driven by the EU’s renewable energy targets, will be gradually reduced as of 2023 and should reach zero in 2030 although exemptions remain.
Smallholders urged to obtain sustainable palm oil certification
Primary Industries Minister Teresa Kok today urged oil palm smallholders in Sarawak to obtain the Malaysian Sustainable Palm Oil (MSPO) certification as soon as possible.
EU Sets Limits on Palm Oil in Biofuels as Trade War Looms
The European Union set new criteria for the use of palm oil in biofuels in a balancing act to try to avert a trade war with producers in Asia while appeasing climate protagonists at home.
Primary Industries Ministry targets 10% increase in local palm oil use
The Primary Industries Ministry targets a 10% increase in the use of palm oil and its products through the “Sayangi Sawitku†campaign.
EU Commission decides palm oil should be phased out in biofuel
The European Commission has concluded that palm oil cultivation results in excessive deforestation and its use in transport fuel should be phased out.
Market factors to watch Wednesday March 13
The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday March 13
Malaysian palm pares back early gains
Malaysian palm oil futures dipped again on Tuesday, losing earlier gains made on rising crude oil prices.
Palm oil prices down
