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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
EIA: US Biofuel Capacity Expands In April
10/07/2024 (Biodiesel Magazine) - U.S. operable biofuels production capacity increased in April, with gains for ethanol, biodiesel and renewable diesel, according to data released by the U.S. Energy Information Administration on June 28. Feedstock consumption was down from the previous month.
Johor Plantations ready for tougher ESG rules with IPO
09/07/2024 (The Edge Malaysia) - Johor Plantations Group Bhd (KL:JPG) will use funds raised in its RM735 million initial public offering (IPO) to build a palm oil operation powered by clean energy, as it navigates increasingly tough regulations in key markets like Europe.
Indonesia's Prabowo-Gibran administration expected to strengthen palm oil
08/07/2024 (The Star) - The next government, which will be led by Prabowo Subianto-Gibran Rakabuming Raka (pic), is expected to strengthen the competitiveness of palm oil products as a strategic commodity for domestic and foreign markets, a scholar said, reported Indonesian News Agency (Antara).
Palm oil exports put at 800,000 tonnes
08/07/2024 (Bangkok Post) - Thailand expects to export 800,000 tonnes of crude palm oil this year, aiming to stabilise the prices of local fresh palm nuts.
CPO Futures likely to see muted trading next week ahead of MPOB report
07/07/2024 (New Straits Times), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to see muted trading next week ahead of the Malaysian Palm Oil Board's (MPOB) key crop report, said a trader.
Malaysian palm oil futures higher
07/07/2024 (Business Recorder), Jakarta - Malaysian palm oil futures closed with their best week in five, even as prices fell on Friday as traders chose to book profits ahead of a long weekend.
Johari: Palm oil prices risk uncompetitiveness without WPL revision
04/07/2024 (The Star), Bangi - The price of palm oil will become uncompetitive compared to other producing countries if the windfall profit levy (WPL) on palm oil in this country is not revised.
Apical Doubles Palm Oil Refining Capacity in West Sumatra, Indonesia
04/07/2024 (Media OutReach Newswire), Padang, Indonesia - Apical, a leading vegetable oil processor, held a groundbreaking ceremony today at its PT Padang Raya Cakrawala (PRC) facility to mark the construction of a new crude palm oil (CPO) refinery and fractionation plant for cooking oil production. Located in Padang City, West Sumatra, Indonesia, these new plants are set to boost Apical's production capacity to meet growing demands of both domestic and international markets.
Palm oil ends lower; export and production data in focus
04/07/2024 (Reuters), Jakarta - Malaysian palm oil futures dropped on Thursday, tracking loss in the Dalian soyoil contract, while the market awaited for export and production data from the Malaysian Palm Oil Board (MPOB).
