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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 plans phased expansion of biodiesel programme, minister says
Reduction in import duty will hit domestic oil palm cultivation: SEA
The New Year gift of the government to palm refining industry in the form of reducing the duty difference between crude palm oil (CPO) and palmolein has the potential of sounding the death knell of the industry, the Solvent Extractors Association of India (SEA) has stated in reaction to the Centre’s decision.
Strong soy boost canola contracts
he ICE Futures canola contacts rallied throughout the day Wednesday to close stronger, following the lead of the soy complex.
Malaysia warns of retaliatory trade action following France and Norway’s anti-palm oil stance
02 Jan 2019 --- As 2019 gets underway, the spotlight is back on the palm oil industry as Malaysian government officials condemn the recent French National Assembly’s vote to exclude palm oil biofuels as “unwarranted and unjust.†The decision threatens the livelihoods of more than 650,000 Malaysian small farmers who rely on palm oil, according to the country’s government – and the move by France could spark trade retaliation – as Malaysia strongly protests and plans to “muster support from other key palm oil producers.â€
Malaysian palm oil/Vegoils: Market factors to watch Wednesday Jan 2
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday Jan 2.
Malaysian palm oil futures open higher after India import tax cut
KUALA LUMPUR: Malaysian benchmark crude palm oil futures opened nearly 1 percent higher on Wednesday, a bullish start to the first day of trading in 2019 after India announced import tax cuts on palm oil from Southeast Asian countries.
India cuts tax on palm oil imports; Malaysia to gain most
MUMBAI: India has cut import taxes on crude and refined palm oil from Southeast Asian (ASEAN) countries after a request from suppliers, a government notification said.
Cut in India CPO duties seen benefiting Malaysia
PETALING JAYA: India has unexpectedly cut import duties on crude palm oil (CPO) from some countries, including Malaysia and Indonesia, to 40% from 44% prior to this.
Malaysians asked to consume more palm oil in bid to shore up prices
MELAKA: Malaysians have been urged to consume palm oil in many forms in their daily lives as a patriotic move to help shore up the commodity’s flagging price, says Deputy Primary Industries Minister Shamsul Iskandar Mohd Akin.
Reducing palm oil duty a death knell for India's refining industry: Solvent Extractors' Association of India
The government's decision to reduce the duty difference between CPO (crude palm oil) and palmolien has the potential of sounding the death knell of the palm refining industry, a release issued by the Solvent Extractors' Association of India (SEA) on Tuesday said.
