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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
Indonesia palm oil 2018 exports seen rising 7 pct y/y –GAPKI
NUSA DUA, Indonesia (Nov 1): Indonesia's palm oil industry association GAPKI expects 2018's total palm oil exports will grow by 7 percent from the previous year, its chairman Joko Supriyono said on Thursday.
Malaysia's Oct palm oil exports fall 12.9% — AmSpec Agri
KUALA LUMPUR (Oct 31): Exports of Malaysian palm oil products for October fell 12.9% to 1,393,850 tonnes from 1,600,441 tonnes shipped during September, according to independent inspection company AmSpec Agri
Palm oil may fall to 2,099-2,122 ringgit zone
SINGAPORE (Nov 1): Palm oil may test support at 2,138 ringgit per tonne, with a good chance of breaking below this level and falling more to the next support zone of 2,099-2,122 ringgit.
Source says govt may cut palm oil import duty by 400 bps by Dec-end
NEW DELHI – India may soon slash import duties on palm oils to comply with a trade pact signed with Southeast Asian nations, easing its close guard against imports of cheaper farm goods.
'Cheaper to use biodiesel now'
KAJANG, Selangor: Primary Industries Minister Teresa Kok said at current low palm oil pricing, it is cheaper for trucks and busses to use biodiesel or palm methyl ester (PME) than petroleum diesel.
Govt can save RM10.7m in subsidies with B10 biodiesel
KUALA LUMPUR: The use of B10 biodiesel in the transportation sector can help the government save RM10.7 million in subsidies annually, if it is successfully implemented, said Primary Industries Minister Teresa Kok Suh Sim.
Indonesia imposes mandatory use of B20 biodiesel to cut fuel bill
SINGAPORE: Indonesia has enforced mandatory use of diesel containing 20 percent locally produced biofuel amid steps to rein in its fuel bill and cushion the impact on its economy of a currency crisis and higher oil prices, a government official told Reuters.
Palm fails to maintain rebound on weak demand prospects
JAKARTA - Malaysian palm oil futures fell by the midday break on Tuesday, stepping back from a nearly 2 percent rebound a day earlier, as weak demand persisted while lower U.S. soybean prices compounded the market's woes.
Palm oil may fall to 2,138 ringgit
SINGAPORE (Oct 31): Palm oil may fall to 2,138 ringgit per tonne, as suggested by its wave pattern and a projection analysis.