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OILS & FATS
21-03-2024

Palm oil rebounds on strong exports

20/03/2024 (Reuters), Jakarta - Malaysian palm oil futures rebounded on Wednesday, as better export figures and expectation of easing production growth in March supported prices.

OILS & FATS
21-03-2024

CPO futures rise tracking bullish recovery in Chinese veg oil futures

20/03/2024 (The Edge Malaysia), Kuala Lumpur - Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives turned higher on Wednesday, rebounding from Tuesday’s losses, and tracking a bullish recovery in the Chinese vegetable oil futures, said a dealer.

OILS & FATS
21-03-2024

3,903 metric tonnes of subsidised packet cooking oil quota revoked

20/03/2024 (New Straits Times), Kuala Lumpur - The monitoring conducted by the Domestic Trade and Cost of Living Ministry saw a total of 3,903 metric tonnes of subsidised packet cooking oil quota revoked as of Jan 1, the Dewan Rakyat was told today.

OILS & FATS
21-03-2024

Biodiesel Lab Creates Fuel for Campus Shuttles From Cooking Oil

20/03/2024 (The Loyola Phoenix), Loyola’s Searle Biodiesel Lab, built in 2013, collects and recycles used cooking oil to create biodiesel capable of fueling Loyola’s intercampus shuttle buses and producing glycerin byproduct used to create BioSoap on campus.

OILS & FATS
21-03-2024

PSI Obtains Approval for Diesel Engines to Use Hydrotreated Vegetable Oil

20/03/2024 (NGT News), The diesel engine line of Power Solutions International Inc. (PSI), provider of emission-certified engines and power systems, is now approved for the use of hydrotreated vegetable oil (HVO).

OILS & FATS
21-03-2024

A middle path to sustainable Indonesian palm oil

20/03/2024 (Asia Times), Under the relentless sun, I survey the endless rows of oil palm trees stretching out before me.

MARKET DEVELOPMENT
20-03-2024

CPO prices to fall to between RM3,800-RM4,000 a tonne in April: MPOC

19/03/2024 (New Straits Times), Kuala Lumpur - Malaysian Palm Oil Council (MPOC) expects a decline in crude palm oil (CPO) prices in April, ranging between RM3,800 and RM4,000 per tonne, from the current RM4,250, due to increased soybean supply from South America and the gradual rise in palm oil production within Malaysia.

MARKET DEVELOPMENT
20-03-2024

Palm oil drops on profit-taking, lacklustre soy oils

19/03/2024 (XM), Jakarta - Malaysian palm oil futures shed early strength to edge lower on Tuesday, in the absence of no new catalysts in the market and weakness in Dalian and Chicago soy oils.

MARKET DEVELOPMENT
20-03-2024

Oil palm industry affected after foreign worker recruitment quotas frozen — Minister

19/03/2024 (Selangor Journal), Kuala Lumpur - The oil palm industry is facing problems or is being affected after the government froze the hiring quota of foreign workers due to the surplus of foreign workers, which actually applies to the manufacturing and service sectors.

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