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CPO prices seen at RM4,400-RM4,600 on tighter supply
Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
Palm slips over 1% on weaker soyoil, bearish MPOB data
CPO Futures End Higher, Tracking Stronger Soybean Oil Prices
Daabon launches carbon-neutral palm oil
14/10/2024 (Ofi Magazine) - Daabon UK, part of the Daabon Group, has launched a carbon-neutral organic palm oil range.
Bangchak buys used cooking oil for jet fuel
15/10/2024 (Bangkok Post) - SET-listed energy conglomerate Bangchak Corporation intends to collect a large amount of used cooking oil for use as a raw material for its commercial production of sustainable aviation fuel (SAF) next year.
CoBank: Biobased diesel feedstock imports impact domestic soybean oil demand
15/10/2024 (Biodiesel Magazine) - Soybean oil use for biobased diesel production reached a near-record high in June, but demand for soybean oil feedstock continues to face headwinds from rising imports of used cooking oil (UCO) and tallow, according to CoBank’s latest Quarterly Research Report, released Oct. 10.
Used Cooking Oil Futures On Bursa Malaysia’s Horizon
11/10/2024 (Business Today) - Bursa Malaysia has confirmed plans to introduce a new futures contract for used cooking oil, pending negotiations with the industry and regulatory approval.
India's Sept palm oil imports fall 33% m-o-m to six-month low
11/10/2024 (The Edge Malaysia) - India's palm oil imports in September fell by nearly a third from a month ago because of higher prices, hitting a six-month low, while sunflower oil imports plunged to a ten-month low, a leading trade body said on Friday.
Palm oil prices to improve on the back of strong export performance
13/10/2024 (New Straits Times), KUALA LUMPUR - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a positive bias next week on the back of strong export performance, a trader said.
How palm oil is driving progress in sustainability
14/10/2024 (The Edge Malaysia) - The Malaysian palm oil industry is undergoing a transformative journey towards sustainability. Having faced criticism in the past, the sector has been making great strides in prioritising environmental, social and governance (ESG) factors through a range of pioneering initiatives that go beyond regulatory compliance.
October WASDE maintains outlook for 2024-’25 soybean oil use in biofuel production
12/10/2024 (Biodiesel Magazine) - The USDA maintained its forecast for 2024-’25 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released Oct. 11. The outlook for soybean oil prices is also unchanged.
CPO Futures Continue Downtrend Amid Higher Stock Levels
10/10/2024 (Bernama), Kuala Lumpur - Crude palm oil (CPO) futures on Bursa Malaysia Derivatives continued their downtrend today to close mostly lower for the third consecutive day amid signs of higher stock levels in the country following the Malaysian Palm Oil Board's (MPOB) September 2024 data release, a trader said.
