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Middle East conflict boosts demand for alternative fuels
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Can palm biodiesel provide quick relief for Malaysia amid Iran war?
Malaysia plans phased expansion of biodiesel programme, minister says
Cargill and Solidaridad Establish Palm Oil Sustainability Program in Colombia
08/06/2017 (PRNewswire) - Cargill, in collaboration with the international nonprofit Solidaridad and the Colombian-based international trading company, C.I. Biocosta S.A., announced today a new palm oil smallholder sustainability program in Colombia aimed at improving agricultural practices and farmer livelihoods. The two-year effort will strengthen operations in cooperation with more than 480 palm farmers through training and technical assistance.
Palm oil inventories up in May
07/06/2017 (The Star Online) - KUALA LUMPUR: Malaysia’s monthly palm oil inventories probably rose to the highest level since December as production in the world’s second-largest grower reached a seven-month high.
European vegoils-Currencies push palm oil higher
06/06/2017 (The Times Of India) - Palm oil on the European vegetable oils market was offered slightly firmer on Tuesday following the long Whitsun weekend due to a weaker dollar and because of a firmer ringgit.
BNP Paribas agrees new palm oil policy for forest-friendly financing
06/06/2017 (Business Green) - BNP Paribas has announced a new set of guidelines requiring palm oil companies to meet strict standards on forestry protection and emissions in order to secure financing from the French bank, as it aims targets reaching 'carbon neutral' by the end of 2017.
Indonesia says ready to help Nigeria develop its palm oil industry amongst others
06/06/2017 (Ecofin Agency) - Indonesia has said it is ready to help Nigeria develop its palm oil industry, according to Indonesian Foreign Affairs Minister, Retno Marsudi. She disclosed this during an official visit to her Nigerian counterpart, Geoffrey Onyeama, in Abuja on Monday.
‘Focus on improving quality of oil palm trunks’
07/06/2017 (Borneo Post Online) - KUALA LUMPUR: The Malaysian Timber Association (MTA) has urged the government to focus on improving quality and increasing usage of oil palm trunks through research, science and technology.
VEGOILS-Market Factors to Watch June 6
06/06/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
Nigeria: EU Rejected 24 Nigeria Products in 2016 - NAFDAC
06/06/2017 (AllAfrica.com) - The National Agency for Food And Drug Administration and Control (NAFDAC), says European Union (EU) rejected 24 exported food products from Nigeria in 2016 for failing to meet standards.
VEGOILS-Palm Rises on Stronger Soyoil; Ringgit to Cap Gains
06/06/2017 (Reuters) - Malaysian palm oil futures on Monday rose slightly at the close of trade, recovering from the previous session's losses, as gains in stronger-performing soyoil boosted sentiment.
