|
Can palm biodiesel provide quick relief for Malaysia amid Iran war?
A delicate balance for biodiesel mandate
Malaysia plans phased expansion of biodiesel programme, minister says
CPO Futures Close Slightly Higher, Tracking Gains In Soybean Oil Prices
Indian soyoil, crude palm oil jump 4 percent on import duty hike
Indian soyoil and crude palm oil futures jumped by the daily maximum limit of 4 percent on Monday after the government raised import tax on edible oils, traders said.
Wilmar to buy edible oil facility from Cargill
SINGAPORE – Wilmar International Limited Wilmar’s wholly-owned subsidiary, Wilmar Kuantan Edible Oils Sdn. Bhd., has entered into an agreement with Cargill Palm Plantation Sdn. Bhd. (Cargill) for the purchase of Cargill’s edible oil facilities in Kuantan, Malaysia. The edible oil facilities include a palm oil refinery and a neighboring storage facility
Local investments in edible oil production needed to reduce import reliance
Yangon Chief Minister U Phyo Min Thein has urged edible oil merchants and businessmen to invest in the local cooking oil sector.
Sime Darby to be hit by India’s CPO levy hike
KUALA LUMPUR: Sime Darby Bhd, which exports nearly one million tonnes of palm products to India yearly, expects its profit to be hit by India’s highest-ever import levy hike on crude palm oil (CPO) and refined palm oil in more than a decade.
Biodiesel Producers in Indonesia Looking for New Export Markets
Indonesian biodiesel producers are in search of new export markets after the USA announced to introduce heavy anti-dumping duties and anti-subsidy rates on palm oil-based biodiesel imports from Indonesia. The Trade Ministry said Indonesia exported USD $255.6 million worth of biodiesel to the USA in 2016. This constitutes 89.2 percent of Indonesia's total biodiesel shipments.
Malaysian palm oil/Vegoils: Market factors to watch Tuesday Nov 21
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday Nov 21.
Malaysian palm oil price in sharpest daily drop in 3 months drops ss India raises tax on edible oils
SINGAPORE: Malaysian palm oil futures fell to their lowest in three months on Monday evening as sentiment took a hit from India's move to raise import tax on edible oils to its highest in over a decade.
Sime units on track for listing after EGM vote
KUALA LUMPUR: Sime Darby Group is looking forward to a successful listing of its pure plays, namely Sime Darby Plantation Bhd and Sime Darby Property Bhd on Nov 30.
Mah: ENVI proposal on palm oil unacceptable
KUALA LUMPUR: The recommendation by the European Environmental Committee’s (ENVI) to exclude palm oil use from Renewable Energy Directive (RED) as early as 2021, has been described as discriminatory and unacceptable.
