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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
Crude Palm Oil Futures Slide 0.33% on Profit Booking
11/10/2017 (Business Standard) - Crude palm oil prices drifted lower by 0.33 per cent to Rs 535.60 per 10 kg in futures trade today as speculators booked profits at prevailing levels amid easing demand at the spot market.
Indonesia Palm Oil Output, Exports Likely Climbed in Aug - Reuters Survey
11/10/2017 (Reuters) - Indonesia's crude palm oil exports likely rose in August, a Reuters survey showed, as output increased and inventory levels of rival oils probably fell.
Groundnut Oil Remains up on Rising Demand
11/10/2017 (Business Standard) - Groundnut oil exports could take a hit over high domestic prices Govt cuts oil import plans from Iran by a quarter over gas field row Note ban impact: India oil demand in Q1 grew only 0.4% versus China's 2.2% Demand security equally important for oil firms: Pradhan in Istanbul In a first, Reliance Industries buys 1 mn barrels of crude oil from the US.
Demand For Sunflower Oil in India's Rises Nearly Five-Fold
11/10/2017 (India Infoline) - Edible oil consumers in India are increasingly turning towards Sunflower Oil, which has witnessed an increase in consumption by about five-fold rise over the past 15 years.
Edible Oils Slip on Weaker Cues
11/10/2017 (Hindu Business Line) - Edible oils market ruled weak on Tuesday tracking weak futures amid slack ready demand. Speculative buying in soya oil for November kept volume normal. Bearish Malaysian palm oil and Chicago soya oil projection kept NCDEX soya oil down by ₹2-3 till evening. On BCE palmolein lose by ₹1 and cotton oil gain by ₹10.
MPOB: Palm Oil Stocks up 3.98 Per Cent in Sept
11/10/2017 (Bernama) - Malaysia’s total palm oil stocks in September 2017 rose by 3.98 per cent to 2.01 million tonnes from 1.94 million tonnes in August, said the Malaysian Palm Oil Board (MPOB).
Analysts Maintain Neutral on Plantation Sector
11/10/2017 (New Straits Times) - Analysts have maintained their neutral stand on plantation sector after the Malaysian Palm Oil Board (MPOB) announced that Malaysia's total palm oil stocks in September 2017 rose by 3.98 per cent to 2.01 million tonnes.
CPO Prices Expected To Be Subdued in 2018
11/10/2017 (The Star) - Crude palm oil (CPO) prices for 2018 are expected to be subdued compared to 2017 as post-El Nino output growth is likely to continue into the year, said Maybank Investment Bank Research.
NGOs Slam UN Aviation Agency Plan For Biofuels
11/10/2017 (Agence France Presse) - Nearly 100 environmental and poverty fighting groups jointly released a letter Tuesday slamming a UN proposal that backs large-scale use of biofuels in commercial planes.