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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
Cooking oil to power bin lorries in bid to cut CO2
09/04/2024 (BBC News) - A Surrey council is set to use cooking oil and waste fat to power its fleet of nearly 80 vehicles, in an effort to tackle climate change.
Dekel Agri-Vision eyes strong first half as palm oil production grows
11/04/2024 (Alliance News) - Dekel Agri-Vision PLC on Thursday said it is on track to deliver strong first half results after it reported a boost in production at its Ayenouan palm oil project in the Ivory Coast.
Sunflower oil import touches record 4.45 lakh tonnes in March: SEA
11/04/2024 (Money Control) - India is the world's largest consumer and importer of edible oils. With the rise in global prices of palm oil, the demand for soft oils -- sunflower and soyabean oil -- has increased in the last two months
St1, SCA Begin Operations at Gothenburg Biorefinery in Sweden
12/04/2024 (Biodiesel Magazine) - A biorefinery in Sweden developed as a joint venture between Nordic energy group St1 and Swedish forest products company SCA on April 10 commenced commercial operations to produce sustainable aviation fuel (SAF), renewable diesel, and biobased naphtha and LPG
Used cooking oil amount proves surprising
12/04/2024 (The Western Producer), Saskatoon - Canada’s canola oil is facing stiff competition from used cooking oil (UCO) and tallow in renewable diesel markets.
IOI Corp CEO: Palm oil production to normalise by June, offering relief to CPO prices
08/04/2024 (The Edge Malaysia), Kuala Lumpur - The production of palm oil is expected to normalise in June this year, after it was hit by the El Niño weather phenomenon and will thus start to moderate the price of crude palm oil (CPO), according to IOI Corp Bhd managing director and chief executive officer Datuk Lee Yeow Chor.
Sunflower Processing in Ukraine Hits Three-Month High, Exports Drive Growth across the global market
08/04/2024 (Chemanalyst) - According to recent estimates by market analysts, Ukraine signifying one of the major exporters of Sunflower and its downstream Sunflower oil to the global market witnessed a notable surge in Sunflower processing during the entire month of March, reaching a three-month high of nearly around of 1.49 million tonnes. This marks a significant 9% increase compared to February and a robust about 10% rise from March 2023 figures. The cumulative processing of Sunflowers in Ukraine for the first seven months of the 2023/24 marketing year has also seen substantial growth, totaling nearly around 9.3 million tonnes. This represents an 11% surge compared to the same period in the previous season, reaching the highest level recorded in the past three seasons and approaching pre-war figures of about 9.6-10.5 million tonnes in the September-March timeframe.
CPO futures end lower, tracking soybean oil market
08/04/2024 (The Edge Malaysia), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower for the third straight day on Monday in line with the weaker rival soybean oil as well as palm olein futures on the Dalian Commodity Exchange, which weigh on market sentiment.
NEARLY TWO DECADES ON, EUROPE CONTINUES TO DRIVE GLOBAL DEMAND FOR RSPO CERTIFIED PALM OIL
08/04/2024 (PR Newswire), Kuala Lumpur - Nearly two decades ago, the European market marked a milestone in the global trade of palm oil when a shipment of barrels bearing the Roundtable on Sustainable Palm Oil (RSPO) trademark arrived in Rotterdam, the Netherlands on 11 November 2008. The shipment, originating from Malaysia, contained the world's first cargo of certified sustainable palm oil (CSPO).
