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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
Soybean trade turns topsy-turvy amid US-China tariff war
TOKYO -- The U.S.-China trade war is dramatically changing the global flow of soybeans, along with prices of the legumes.
Despite Promises, Major Brands Continue to Obtain Palm Oil From Rainforest Destroyers
A new report from Greenpeace shows that brands and their suppliers are not abiding by their own pledges to only buy from sustainable producers of palm oil.
Malaysian palm oil/Vegoils: Market factors to watch Friday Sept 28
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday Sept 28.
Indonesia biodiesel output could jump 40 pct in 2019
MUMBAI: Indonesia's biodiesel production could rise to 7 million tonnes in 2019, up 40 percent from an estimated 5 million tonnes this year, due to a new programme to boost local biodiesel consumption, said an Indonesian ministry official on Thursday.
Malaysian palm oil price falls on rising stocks, technical selling
MUMBAI: Malaysian palm oil futures fell over 1 percent on Thursday after three consecutive sessions of gains, on expectations of rising inventory levels and technical selling.
Crude palm oil prices seen at US$590/T CIF Rotterdam by year end — analyst McGill
MUMBAI (Sept 27): Crude palm oil prices are forecast to trend at US$590 per tonne including cost, freight and insurance (CIF Rotterdam) by the end of the year, on the back of firm demand from the biodiesel sector, industry analyst Julian McGill said on Thursday.
Deforestation-linked palm oil still finding its way into top consumer brands
A new report by Greenpeace finds that palm oil suppliers to the world’s largest brands have cleared more than 1,300 square kilometres of rainforest — an area the size of the city of Los Angeles — since the end of 2015.
Indonesia to keep cocoa export tax at 5 pct, crude palm oil stays untaxed
Indonesia is to keep export taxes for cocoa bean shipments in the month of October at 5 percent, while leaving crude palm oil exports untaxed, the Trade Ministry said on Thursday, unchanged from this month.
Weakening Rupiah Sees Calls for Gov’t to Scrap Palm Oil Export Tax
A lawmaker and an industry analyst have called on the government to scrap its export tax on crude palm oil to help improve the competitiveness of the sector and boost exports, amid a weakening rupiah.
