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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
CPO Snaps Losing Streak on Stronger Demand Outlook
15/03/2017 (The Star) - Malaysian palm oil futures rebounded from a near five-month low to gain in late trade on Tuesday, supported by expectations of stronger demand ahead of a cargo surveyor data release.
EU Parliament 2020 Resolution on Biofuels Imports, Market Reacts
15/03/2017 (Value Walk) - As published by Chain Reaction Research, the environment committee of the European Parliament last week adopted a resolution, in a 56 to 1 vote, urging the European Commission to phase out the use of vegetable oils for biofuels by 2020. Lawmakers also urged that all palm oil entering the EU by 2020 be covered by a single certification mechanism. The next step occurs next month, when the full House of the EU Parliament will vote on the resolution.
Weak El Nino to Have Small Impact on Asian Crops This Year - MDA Weather
15/03/2017 (Reuters) - A weak El Nino weather pattern forecast to develop across Asia this year will have only slight impact on production of crops such as wheat, palm oil, rice and oilseeds, a meteorologist said on Tuesday.
VEGOILS-Market Factors to Watch Mar 14
14/03/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
Malaysian CPO Supply at Its Lowest, Analyst Says
14/03/2017 (Tempo.Co) - The supply of Malaysia’s CPO (crude palm oil) on February 2017 has been on its lowest position recorded within the last six months with only 1.46 tons. Yudha Gautama, an analyst from PT Mandiri Sekuritas said that the number is lower compared to the number recorded in January 2017.
Indonesia-Chile CEPA Negotiations Resume After Delay
14/03/2017 (Jakarta Post) - After being delayed for more than two years, negotiations for a comprehensive economic partnership agreement (CEPA) between Indonesia and Chile resumed on Monday and will run until Tuesday.
Palm Oil Futures Fall, Test Support Levels
14/03/2017 (Hindu Business Line) - Malaysian palm oil futures ended sharply lower to reach their weakest level in more than four months, tracking declining fundamentals.
Indonesia Export, Import Growth Seen Slowing in February
14/03/2017 (Jakarta Globe) - Indonesia's exports and imports expanded in February, but at a slower pace than the multi-year highs they had the previous month, a Reuters poll showed.
Indonesia to Legalize Land Ownership for Small Farmers in Palm Oil Industry
14/03/2017 (GIVnews.com) – The government is drafting a presidential regulation (Perpres) to legalize land ownership status for small farmers in the palm oil industry. This is according to Agrarian and Spatial Planning Minister Sofyan Djalil.
