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Gapki warns of sharp production losses
Palm oil continues to fall on weak export demand
Indonesia’s Palm Oil Export to China Rises by Double Digits
Rising vegetable oil stocks in China put pressure on prices
Boosting quality analysis for local palm oil industry
17/12/2024 (Far Eastern Agriculture) - Leading provider of professional Near-Infrared (NIR) analysis products and services, IAT (Singapore) Technology Pte. Ltd. (IAT) recently signed a memorandum of Understanding (MoU) with Aspekpir Indonesia, aiming to revolutionise quality analysis in the palm oil industry
Codex Standard for high oleic soybean oil established
17/12/2024 (KFGO) - The U.S. Soybean Export Council (USSEC) is pleased to recognize the establishment of the Codex Standard for high oleic soybean oil (HOSO). During its 47th meeting on November 25-30, the Codex Alimentarius Commission (CAC) adopted a revision to the Standard for Named Vegetable Oils (Codex Stan 210-1999) to include the first standard for HOSO.
CPO FUTURES DROP ON WEAKER SOYBEAN OIL, CRUDE OIL PRICES
16/12/2024 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower on Monday, taking its cue from the weaker soybean oil prices, said palm oil trader David Ng.
Palm rebounds on stronger rival Dalian oils, weaker ringgit
16/12/2024 (Reuters), Kuala Lumpur - Malaysian palm oil futures rebounded on Monday, following a recovery in rival Dalian oils and weakness in the ringgit.
Exports of palm oil and related products reached RM99.3b for Jan-Nov period – Johari
16/12/2024 (Bernama), Bangi - Exports of palm oil and related products have recorded RM99.3 billion for the period January-November 2024, an increase of RM12.5 billion compared to the same period in 2023.
Indonesia set to officially implement B40 biodiesel blending programme on 1 January
16/12/2024 (Oils and Fats International) - The Indonesian government is set to start its 40% palm oil-based biodiesel (B40) blending programme on 1 January, according to a report by The Star.
India's palm oil promise: A 2030 blueprint to reduce import dependence
16/12/2024 (Business Standard) - Earlier in July this year, the Indian government kickstarted a mega oil plantation drive. The second drive, which follows the last year’s drive, is in sync with the National Mission of Edible Oils – Oil Palm (NMEO-OP) aimed at reducing the country’s import dependence and achieving self-reliance in edible oils, thereby increasing farmer’s income.
MALAYSIA'S COMMODITY SECTOR THRIVES IN 2024 DESPITE GLOBAL CHALLENGES
15/12/2024 (Bernama), Kuala Lumpur - Malaysia's commodity sector has demonstrated resilience and growth in 2024 despite global headwinds, supported by robust exports and favourable market dynamics.
CPO futures likely to trade on bullish bias this week
16/12/2024 (The Star), Kuala Lumpur - The crude palm oil (CPO) futures contract on the Bursa Malaysia Derivatives is expected to trade with a bullish bias this week, given weaker output and potentially lower stock levels for the month, a dealer says.
