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Can palm biodiesel provide quick relief for Malaysia amid Iran war?
Malaysia plans phased expansion of biodiesel programme, minister says
A delicate balance for biodiesel mandate
CPO Futures Close Slightly Higher, Tracking Gains In Soybean Oil Prices
Palm oil industry battles with growing demand and less available land
Gbah/Kuala Lumpur — When Malaysia’s biggest plantation company, Sime Darby, leased 220,000ha of lush forest in northwest Liberia in 2009, executives said they had found a much-needed new frontier in global palm oil development.
Palm oil neutral in 2,486-2,518 ringgit range
SINGAPORE (Feb 15): The palm oil third-month contract looks neutral in a narrow range of 2,486-2,518 ringgit per tonne, and an escape could suggest a direction.
Palm oil supply could decline due to replanting in Indonesia
Plantation sector Maintain positive: Malaysia’s palm oil inventory level of 2.55 million tonnes as at end-January is lower than ours and the market’s expectation of 2.73 million tonnes. Exports came in stronger than expected with 6% growth month-on-month (m-o-m) as the temporary suspension of crude palm oil (CPO) export tax price effective Jan 8, 2018 boosted demand from major consumers such as India and Pakistan. Against last month, inventory level declined by 7% as export grew by 6% while production declined by 13.5%.
Malaysian palm oil/Vegoils: Market factors to watch Wednesday Feb 14
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday Feb 14.
Malaysian palm oil price snaps winning streak to fall over 1%
KUALA LUMPUR: Malaysian palm oil futures on Tuesday snapped four days of gains, as the market corrected lower after a rally ahead of the Lunar New Year holidays, traders said.
CPO export tax suspension eases pressure on stockpile
Malaysia’s high palm oil stockpile level has finally come off from its recent record, thanks to the Government’s temporary suspension on crude palm oil (CPO) export taxes effective Jan 8 which boosted exports, say analysts.
Spain rejects move to discriminate palm oil
PETALING JAYA: The Spanish government is rejecting any move leading to the discrimination of palm oil, following bilateral meetings with Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong.
Minister: Malaysia will retaliate against EU goods in case of palm oil ban
The European Parliament’s decision to ban palm oil, Malaysia’s biggest export item, is “drastic and discriminatory†and Kuala Lumpur is ready to retaliate with its own trade measures against Europe’s products if the ban takes effect, Malaysia’s Minister Datuk Seri Mah Siew Keong told EURACTIV.com on Tuesday (12 February).
Surprise rise in Malaysian palm oil exports boosts futures prices
Palm oil prices soared as data showing an unexpected drop in Malaysian inventories added to the boost to the oilseed complex from disappointing weekend rains in Argentina.
