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AI boom is turning Malaysia’s palm oil estates into data centres
CPO prices to stay elevated on firm demand and tight supply
CPO price dip seen as temporary, stocks to rise in November: CIMB Securities
Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
Palm oil cultivation is key for Atmanirbhar Bharat. It empowers farmers too
16/08/2024 (The Print) - India is counted as a major agri-exporting country and has made significant progress in achieving self-sufficiency in the production of rice, wheat, and sugar. However, its dependence on edible oil imports remains high. These imports were worth Rs 1.57 lakh crore in October 2022, underscoring the need for domestic cultivation of palm oil to achieve the vision of an ‘Atmanirbhar Bharat’. The move toward self-reliance also holds a massive potential for empowering Indian farmers.
B50 biodiesel test yields positive results in S Kalimantan
18/08/2024 (Antara), Jakarta - Agriculture Minister Andi Amran Sulaiman conducted a trial on the implementation of B50 biodiesel in South Kalimantan on Sunday.
Small farms the key to Malaysia’s palm oil sustainability — Siti Dina Razman Pahri
15/08/2024 (Malay Mail) - Supporting Malaysia’s smallholder farmers with technology and policy can ensure a sustainable palm oil industry.
From Palm Oil to Cashews: How Dekel Agri-Vision is Transforming the Agricultural Landscape
15/08/2024 (Director Talk Interview) - Dekel Agri-Vision plc (LON:DKL), a multi-commodity agricultural business based in West Africa, continues to make strides in its operations, particularly in the palm oil sector. The company’s latest production update, covering July, highlights the ongoing success of its palm oil activities, setting a positive tone for the rest of 2024.
Palm oil potential seen in BARMM, 800K hectares identified
15/08/2024 (Philippine News Agency), Davao City - The Philippine Palm Oil Development Council, Incorporated (PPDCI) has identified the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) as suitable for oil palm plantations.
EIA: Biodiesel capacity falls slightly
16/08/2024 (Biodiesel Magazine) - There were 56 biodiesel plants with a combined 2.09 billion gallons per year of production capacity in the U.S. as of Jan. 1, 2024, according to data released by the U.S. Energy Information Administration on Aug. 15.
India’s July 2024 palm imports surge to near one-year high on festive demand
14/08/2024 (The Edge Malaysia), Mumbai - India’s palm oil and soyoil imports surged to their highest levels in about a year in July this year, as refiners increased purchases for upcoming festivals amid a correction in prices, a leading trade body said on Wednesday.
The Seed Oil Free Alliance Certifies Promising New Cooking Oil Made from Algae
13/08/2024 (Business Wire), Boca Raton - The Seed Oil Free Alliance announced today that professional chefs and home cooks shopping for Seed Oil Free Certified™ cooking oils now have an exciting new alternative as two US-based companies are harnessing technology to produce cooking oil from microalgae. Spotlight Foods is the first company producing oil through fermentation to complete certification by the Seed Oil Free Alliance alongside retailer Algae Cooking Club. Seed Oil Free Certification of both companies’ products followed independent lab testing by the Seed Oil Free Alliance.
TotalEnergies supplies first 100% cooking oil biofuel in Singapore
13/08/2024 (Offshore Technology) - TotalEnergies announced that its maritime arm had supplied its first B100 biofuel bunker to Singapore on 5 August.
