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Middle East conflict boosts demand for alternative fuels
Can palm biodiesel provide quick relief for Malaysia amid Iran war?
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Malaysia plans phased expansion of biodiesel programme, minister says
Mixed Trend in Edible Oils
01/08/2017 (Hindu Business Line) - Imported edible oils gained while indigenous rule steady on Monday tracking firm overseas futures amid prices rise by local refineries.
Spot Demand Lifts Crude Palm Oil Futures 0.76%
01/08/2017 (Business Standard) - Crude palm oil prices went up by 0.76 per cent to Rs 492.70 per 10 kg in futures market today as speculators built up fresh positions amid uptick in domestic demand at spot market.
Untapped Biomass Potential Can Drive Growth of RI Industry
01/08/2017 (Jakarta Post) - Indonesia has vast biomass potential, large enough to meet Indonesia’s renewable energy demand and boost its economy, a researcher has said.
EBB: There is No Reason EU Should Act Now to Lower Import Duties
01/08/2017 (Biodiesel Magazine) - EU member states are to decide on the European Commission’s proposal to radically lower the antidumping duties on Argentinian and Indonesian biodiesel imports. The European biodiesel industry warns of the dramatic impact that this decision may have on 120,000 jobs and on the efficiency of the overall future of EU trade defense. It is critical for the EU and national authorities to realize that, if approved, the current commission proposal would bring to an end any European biodiesel production.
Indian Soyoil Futures Rise, Tracking Foreign Cues
01/08/2017 (Reuters) - Indian soyoil futures rose on Monday, tracking soyoil in China and on the Chicago Board of Trade and rival Malaysian palm.
Shipping Activity at Port Qasim
01/08/2017 (Associated Press of Pakistan) - Five ships C.V Mars, M.V Asali, M.T Jassasiya, M.T Ginga Hawk and M.T Brizo carrying containers, Coal, LNG, Palm oil and Furnace oil were allotted berths at Qasim International Container Terminal, Pakistan International Bulk Terminal, Elengy Terminal, Liquid Cargo Terminal and FOTCO Oil Terminal respectively during last 24 hours, said a report issued by Port Qasim Authority (PQA) here on Monday.
Palmolein Oil Goes up on Scattered Demand
01/08/2017 (Outlook India) - Palmolein oil prices edged up by Rs 50 per quintal in an otherwise steady wholesale oils and oilseeds market today on scattered demand from retailers.
Palm Oil Vitamin E Exports Set to Surge with Discovery of Major Health Benefits
01/08/2017 (New Straits Times) - Malaysia’s annual RM70 million palm oil vitamin E exports to the global pharmaceutical industry are set to expand, as medical studies show that it lowers bad cholesterol levels, kills cancer cells and protects our brain against the debilitating effects of a stroke.
Malaysia To Send 6 MPs To Europe To Seek Support For Palm Oil
01/08/2017 (Bernama) - Malaysia is sending six lawmakers to Europe in September to meet and seek support from Members of the European Parliament in relation to palm oil.