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CPO price forecast to climb for rest of the year
CPO FUTURES HIT TWO-YEAR HIGH ON BULLISH SENTIMENT, STRONG EXPORTS
CPO price strength could dissipate through end-2024, says BMI
Positive growth for plantation sector, amid rising CPO prices
Strengthening India-Malaysia Relations: Focus on Maritime Security and Palm Oil Cooperation
19/08/2024 (Financial Express) - Marking his first official trip since taking office, Malaysia’s Prime Minister, Anwar bin Ibrahim, is coming on a State visit to India from August 19-21, 2024. The visit comes at a critical time for India-Malaysia relations, with both nations aiming to deepen cooperation in key areas such as maritime security, edible oil trade, and economic collaboration.
EU strikes against Chinese biodiesel
19/08/2024 (News.Az) - In recent years, the European Union has faced growing challenges in maintaining a competitive and fair market for biofuels. Amid concerns over market distortions caused by cheap imports, particularly from China, the EU has taken decisive action to protect its domestic industry. This article delves into the European Union's recent decision to impose temporary anti-dumping duties on Chinese biodiesel imports, exploring the rationale behind these measures, their potential impact on the market, and the broader implications for the future of the biofuel industry in Europe. As the EU seeks to balance trade interests with environmental goals, the introduction of these duties marks a critical moment in the ongoing effort to ensure the sustainability and integrity of the European biofuel sector.
Malaysia halts new oil palm plantations to preserve forest cover
18/08/2024 (The Star), Sandakan - Malaysia has pledged to halt new oil palm plantations in forest areas to support sustainability and maintain its current forest cover of 54%, says Datuk Seri Johari Abdul Ghani.
Palm Oil Importing Countries To Be Invited To Join Orangutan Conservation In Sabah In-Situ
18/08/2024 (Bernama), Sandakan - Malaysia is inviting palm oil importing countries to get involved in orangutan conservation efforts in Sabah through an in-situ approach, in its natural habitat.
Palm oil cultivation is key for Atmanirbhar Bharat. It empowers farmers too
16/08/2024 (The Print) - India is counted as a major agri-exporting country and has made significant progress in achieving self-sufficiency in the production of rice, wheat, and sugar. However, its dependence on edible oil imports remains high. These imports were worth Rs 1.57 lakh crore in October 2022, underscoring the need for domestic cultivation of palm oil to achieve the vision of an ‘Atmanirbhar Bharat’. The move toward self-reliance also holds a massive potential for empowering Indian farmers.
B50 biodiesel test yields positive results in S Kalimantan
18/08/2024 (Antara), Jakarta - Agriculture Minister Andi Amran Sulaiman conducted a trial on the implementation of B50 biodiesel in South Kalimantan on Sunday.
Small farms the key to Malaysia’s palm oil sustainability — Siti Dina Razman Pahri
15/08/2024 (Malay Mail) - Supporting Malaysia’s smallholder farmers with technology and policy can ensure a sustainable palm oil industry.
From Palm Oil to Cashews: How Dekel Agri-Vision is Transforming the Agricultural Landscape
15/08/2024 (Director Talk Interview) - Dekel Agri-Vision plc (LON:DKL), a multi-commodity agricultural business based in West Africa, continues to make strides in its operations, particularly in the palm oil sector. The company’s latest production update, covering July, highlights the ongoing success of its palm oil activities, setting a positive tone for the rest of 2024.
Palm oil potential seen in BARMM, 800K hectares identified
15/08/2024 (Philippine News Agency), Davao City - The Philippine Palm Oil Development Council, Incorporated (PPDCI) has identified the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) as suitable for oil palm plantations.
