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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
NEPC Vows to Ensure Palm Oil Earns More Foreign Exchange
10/03/2017 (BusinessDay) - The Nigerian Export Promotion Council (NEPC) has vowed to ensure that every palm oil leaving the country for export meets the international standard.
Palm Oil Prices to Drop As Production Rebounds, Demand Slows
10/03/2017 (Reuters) - A rebound in Southeast Asia's palm oil production this year is forecast to drag down prices of the tropical product in the second half, with additional pressure coming from an expected slowdown in demand from top importers India and China.
Bank in Tie-up With UPM To Buy Used Cooking Oil From Public
10/03/2017 (The Star) - Most are unaware of the proper way to dispose of used cooking oil and that it can be recycled into fuel.
New Leaf Biofuel Plans To Double Biodiesel Production Capacity
10/03/2017 (Biodiesel Magazine) - San Diego-based biodiesel producer New Leaf Biofuel has received a notice of proposed award from the California Energy Commission’s Alternative and Renewable Fuel and Vehicle Technology Program, which will help fund an expansion project to double production capacity on-site from 6 MMgy to 12 MMgy. The grant, provided under the “Community-Scale and Commercial-Scale Advanced Biofuels Production Facilities†solicitation, is for nearly $3.8 million and will require matched funding from the company for an additional $4.5 million.
VEGOILS-Market Factors to Watch Mar 9
09/03/2017 (Reuters) - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
Global palm oil output forecast to increase by 6 million tonnes
09/03/2017 (The Star Online) - Global palm oil production is forecast to increase by 6 million tonnes in 2017, says leading vegetable oils analyst Thomas Mielke.
Mistry sees CPO at RM3,000
09/03/2017 (The Star Online) - Leading industry analyst Dorab Mistry has outlined three possible scenarios for crude palm oil (CPO) prices this year, and placed his bet on prices hovering in the region of RM3,000 per tonne until the fourth quarter of this year.
CPO price to average at RM2,500 in Q3
08/03/2017 (The Star Online) - Malaysias crude palm oil (CPO) price is expected to average RM2,500 per tonne during the third quarter of 2017 before falling to RM2,250 in the fourth quarter.
WRAPUP 1-Palm oil prices to drop as production rebounds, demand slows
08/03/2017 (Reuters) - A rebound in Southeast Asia's palm oil production this year is forecast to drag down prices of the tropical product in the second half, with additional pressure coming from an expected slowdown in demand from top importers India and China.
