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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
The EU’s risky move on palm oil
Across Africa, planting oil palm is a lifeline for millions of small farmers, and palm oil development is key to the future of countries including Nigeria, Liberia, Gabon, Burkina Faso, and many others. However, new threats are rising from Europe that will undo the progress made across the African continent.
Palm oil’s continued march toward sustainability
Palm oil is an important commodity in a huge market that spans food and nutraceutical applications, but it is also controversial. Environmental concerns of deforestation and social concerns of human rights abuses in harvesting the crop have turned off consumers from the product, and encouraged suppliers to change the way they do business by closely monitoring the supply chain and employing higher standards that protect the environment and laborers. Cargill (Wayzata, MN), for example, has been working toward sustainability for 14 years, joining the Roundtable on Sustainable Palm Oil (RSPO) in 2004. The company’s consistent progress provides an example for how the palm oil industry can operate and provides hope for a sustainable future.
China Buys U.S. Beans
Every Thursday in the morning the USDA releases the Export Sales Report. It includes how many bushels or metric ton of corn, soybeans, wheat, soybean meal and oil were sold to foreign buyers. Every Monday morning the USDA releases the Export Inspections Report. That is how many bushels or metric ton of those ag commodities were actually loaded on a ship and left the United States. This report also includes the buyer and destination of the commodities.
India's Sept palm oil imports ease, soyoil falls 4.4%
MUMBAI: India's palm oil imports dropped 1.4 percent to 918,675 tonnes in September from a year earlier as higher duties and a depreciating rupee made imports more expensive, a leading trade body said on Tuesday.
Malaysian palm oil price eases gains after hitting 5-week top on weaker exports
KUALA LUMPUR: Malaysian palm oil futures ended the trading day higher on Tuesday evening, after earlier striking a 5-week high following overnight gains in soyoil on the Chicago Board of Trade.
Crude edible oil imports rise as global price fall boosts refinery margins
Prices have fallen by 11-25% abroad over the past year, due to excess supply and also reduced demand from India, one of the largest players
Is S&P Dow Jones greenwashing conflict palm oil? (commentary)
Last month, S&P Dow Jones Indices, one of the world’s leading financial market index providers, released its annual listing of sustainable companies. The Dow Jones Sustainability Indices (DJSI) considers its yearly process to be the “gold standard for corporate sustainability.†However, despite touting an increasingly robust methodology, the decision to retain palm oil company Golden Agri-Resources (GAR) on the 2018 Asia/Pacific Sustainability Index indicates there are gaping holes in the DJSI’s approach.
Palm oil may retrace into 2,214-2,228 ringgit range before rising
SINGAPORE (Oct 17): Palm oil may retrace into a range of 2,214-2,228 ringgit per tonne, before retesting a strong resistance at 2,251 ringgit.
Govt may revise export duty to boost CPO price competitiveness, says Kok
KUALA LUMPUR: Revising the crude palm oil (CPO) export duty is among the measures that may be taken to ensure the price competitiveness of Malaysian CPO, said Primary Industries Minister Teresa Kok.
