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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
CPO Futures End Higher, Tracking Stronger Soybean Oil Prices
Palm slips over 1% on weaker soyoil, bearish MPOB data
Interactive Brokers adds listed derivatives on Bursa Malaysia
07/08/2024 (Finance Feeds) - Interactive Brokers has opened access to listed derivatives on Bursa Malaysia, which has been actively promoting growth and participation from retail investors, especially the younger generation.
Open Source AI Model Accurately Predicted Olive Oil Prices
07/08/2024 (Olive Oil Times) - Olive oil prices around the world have reached historic highs due to poor harvests caused by drought and high springtime temperatures in key producing countries, most notably Spain.
CPO Futures End Lower Amid Weaker Soybean Oil Market, Production Concerns
06/08/2024 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives continued to end on a low note on Tuesday due to weakness in the Chicago soybean oil market, said palm oil trader David Ng.
Palm oil falls to 7-month low on weaker rival Dalian, Chicago contracts
06/08/2024 (Reuters), Kuala Lumpur - Malaysian palm oil futures extended losses for a second session on Tuesday to close at their lowest in seven months, as weakness in rival Dalian and Chicago contracts weighed.
Can Artificial Intelligence Help Palm Oil In Colombia?
06/08/2024 (Forbes) - Researchers in Colombia are using deep learning models to predict the ripeness of oil palm fruit, helping to increase efficiency.
Soybean Bulls Get Little Help from Improving Condition Ratings
06/08/2024 (Barchart) - Soybean bulls couldn’t manage to pull out strength on Tuesday, as price action turned around from Monday’s gains, with losses of 12 to 16 cents. Soymeal futures were down $8.20/ton in the September contracts, with August down $12.70/ton. Soy Oil futures were down 17 to 26 points.
Processed soybean workers in Argentina launch strike over wage dispute
06/08/2024 (Reuters), Buenos Aires - Two unions of soybean oil factory workers in Argentina announced a strike over wages on Tuesday, halting activity in one of the world's largest exporting hubs for processed soybeans.
Renewable diesel surpasses biodiesel production in the US
06/08/2024 (Biofuels International) - According to a new report from the USDA the production of renewable diesel in the US has grown from 40 million gallons in the 2010/11 marketing year to 2.3 billion gallons in 2022/23 - surpassing biodiesel production for the first time.
M11 Industries begins turning used cooking and other waste oil into biodiesel at Padubidri
06/08/2024 (The Hindu) - M11 Industries Private Limited, a subsidiary of M.K. Agrotech Private Limited,commenced operations at its biodiesel plant in Padubidri, Udupi district of Karnataka. The state-of-the-art facility is established under the ‘Make in India’ initiative with an investment of ₹350 crore. The company claims that the plant is the largest in India.
