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CPO Futures End Higher On Firmer Oil Prices, Rival Vegetable Oil Futures
CPO prices to hold around RM4,400 per tonne in June 2026 - MPOC
SGX-listed palm oil players under pressure as Indonesia’s commodity export overhaul stokes fears
Palm oil outlook firm on supply tightening
Palm oil prices a close match to cottonseed oil
25/11/2024 (Times of India), Ahmedabad - The edible oil prices rose significantly over the past three months under the influence of international market conditions and a rise in duties, according to industry experts. All varieties of edible oils witnessed an increase exceeding Rs 100 per 15 kg during the previous month, with palm oil prices reaching close to that of cottonseed oil for the first time.
Palm oil’s contribution to global health and well-being
25/11/2024 (The Edge Malaysia) - Today’s consumers are increasingly aware of how the choices they make may have an impact on the world they live in. Concerned about their health as well as the potential environmental and social consequences of their purchases, these advocates of change actively seek out food products that align with their values. This growing awareness has led to rising demand for sustainably produced palm oil.
Libya elected chair of International Olive Council
23/11/2024 (The North Africa Post) - Libya has been elected to chair the International Olive Council (IOC), formerly the International Olive Oil Council, for a one-year term.
Cpo Futures Fall As Weaker Demand, Rising Output Weigh On Prices
21/11/2024 (Bernama), Kuala Lumpur - Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Thursday, pressured by expectations of weaker domestic demand, according to market sources.
Malaysian palm oil extends losses amid China tariff fears, weak demand
22/11/2024 (Reuters), Kuala Lumpur - Malaysian palm oil futures closed lower for a second consecutive session on Thursday, as fears of US tariffs imposed on China and muted demand for palm sparked a sell-off in the vegetable oils market.
BMI projects average palm oil price for 2025 at RM3,900
21/11/2024 (Bernama), Kuala Lumpur - BMI, a Fitch Solutions company, has forecast an annual average palm oil price of RM3,900 per tonne in 2025, down from an estimated RM4,050 per tonne in 2024.
Palm oil industry drives business activities in remote areas: Ministry
21/11/2024 (ANTARA), Jakarta - The Industry Ministry stated that the palm oil processing industry helped to improve productive business activities, especially in the remote, frontier, and outermost (3T) areas.
IBB: Iowa Celebrates Record Biodiesel Sales
21/11/2024 (Biodiesel Magazine) - The Iowa Biodiesel Board is celebrating a milestone in the adoption of biodiesel blends, with sales in 2023 reaching 486.5 million gallons, nearly tripling from the 160.8 million gallons recorded in 2007. The news comes from the state’s new Biofuel Tax Credits Program Evaluation Study, published by the Iowa Department of Revenue.
CPO futures close lower amid concerns over weaker demand
20/11/2024 (The Edge Malaysia), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Wednesday following concerns over an expectation of weaker demand in the coming weeks, which might raise the overall stock level in the country, said a dealer.
