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CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
CPO Futures Close Higher On Stronger Crude Oil Prices Amid US-Iran Conflict
Malaysia’s Palm Oil Stocks Down 3.94 Pct To 2.7 Million Tonnes In February 2026 – MPOB
US-IRAN ESCALATION KEEPS OILPRICES FIRM, LIFTS PALM OIL OUTLOOK—MPOC
CPO futures end higher amid stronger export figures
22/04/2024 (The Edge Malaysia), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Monday influenced by stronger Malaysian palm oil export in April, said a dealer.
Cooking oil prices witness additional 14% reduction, reaching LE 65
21/04/2024 (Egypt Today), Cairo - Minister of Supply and Internal Trade, Ali Al Moselhi, has announced a reduction in oil cooking prices, resulting in a decrease of 36 percent for this commodity. The latest reduction, which took effect on Saturday, amounts to a 14 percent drop.
Renewable diesel facility to run on Alberta canola
23/04/2024 (Alberta Farmer Express) - The Imperial Strathcona Refinery in Alberta is receiving a 12 per cent tax credit for its $720 million under-construction canola-based renewable diesel facility that is said to need millions of tonnes of canola seed per year.
Climate change drives up the price of olive oil and chocolate
22/04/2024 (Brighter World) - Climate change is part of the reason you’re digging deeper into your pockets at the grocery store, a McMaster economist says.
Demand for palm products to advance
19/04/2024 (Free Malaysia Today), Petaling Jaya - Demand for palm products is projected to advance due to better economic conditions in 2024, said Genting Plantations Bhd chairman Zahidi Zainuddin.
Main Market-bound MKH Oil Palm’s IPO oversubscribed by 8.43 times
19/04/2024 (The Edge Malaysia), Kuala Lumpur - MKH Oil Palm (East Kalimantan) Bhd’s initial public offering (IPO) has been oversubscribed by 8.43 times, ahead of its listing on the Bursa Malaysia Main Market on April 30.
Palm oil set for 7% weekly loss on slowing demand; Middle East tensions underpin
19/04/2024 (Reuters), Beijing/Singapore - Malaysian palm oil futures surrendered early gains on Friday, setting them on course for a second consecutive weekly decline, as traders weighed concerns over escalating tensions in the Middle East and slowing palm oil demand.
Don tasks indigenous automobile firms on biodiesel technology
21/04/2024 (Blueprint) - A University Don, Prof. Segun Kevin Otoikhian, weekend, said indigenous automobile manufacturers and first time investors, as well as established plants should emulate similar firms in Indonesia, Brazil and USA whose economies have incorporated biodiesel technology.
Palm oil ticks up in range-bound trading as slowing demand outlook weighs
18/04/2024 (Reuters), Beijing - Malaysian palm oil futures firmed in range-bound trade on Thursday but remained near their lowest level in more than sixweeks, squeezed by expectations of slowing demand after the end of the Eid al-Fitr festive season.