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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
Japan’s Renova further postpones biomass plant start-up
31/10/2023 (Argus Media) - Japanese renewable power developer Renova has postponed the start-up of its 75MW Ishinobaki Hibarino biomass-fired power plant to January 2024, as it takes more time than expected for the final adjustment of boiler and turbine facilities.
Indonesia, Netherlands step up coooperation
31/10/2023 (Vietnam Plus), Jakarta - Indonesia and the Netherlands announced a Plan of Actions (PoA) of the Comprehensive Partnership for 2024-2025, which will serve as a roadmap for continued partnership and collaboration between the two nations, in Jakarta on October 31.
Malaysia to work with foreign experts to boost palm oil image
30/10/2023 (Free Malaysia Today), Kuala Lumpur - Malaysia is planning to work with foreign scientists and experts to boost the country’s palm oil image at the international level.
Sustainable palm oil: Nearly 500k smallholders to become compliant with platform that traces transactions
30/10/2023 (New Straits Times), Kuala Lumpur - Nearly 500,000 smallholders in the country is expected to be connected to a platform that will trace transactions, helping them to comply with the criteria and traceability requirements for sustainability certification.
Fadillah: MPOB channels RM983,000 to smallholders until August 2023
30/10/2023 (The Sun), Kuala Lumpur – The Malaysian Palm Oil Board (MPOB) has approved RM983,000 to117 oil palm smallholders, with a maximum value of RM16,250, until August 2023 to finance agricultural input loans for fertilisers, pesticides and seeds.
CPO futures to trade with downside bias this week
30/10/2023 (New Straits Times), Kuala Lumpur - Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives are expected to trade with a downside bias this week as traders stay cautious over possible rising stock.
Cargill continues key move towards RSPO sustainable palm oil sourcing
30/10/2023 (Confectionery Production) - Cargill has confirmed that from this month it is ceasing offering conventional palm oil in its US portfolio of products, which includes applications for confectionery, as it moves to offer the key ingredient through certified Roundtable for Sustainable Palm Oil (RSPO) sourcing, writes Neill Barston.
Fadillah confident M’sian Sustainable Palm Oil will be recognised as part of EU Deforestation Regulation
28/10/2023 (The Borneo Post), Bintulu - Deputy Prime Minister Datuk Seri Fadillah Yusof stated that the second meeting regarding the European Union Deforestation Regulation (EUDR) in December is expected to recognise the Malaysian Sustainable Palm Oil (MSPO) certification as part of the EUDR audit process.
Indonesia conducts first commercial flight using palm oil-blended jet fuel
27/10/2023 (Reuters), Jakarta - Indonesia on Friday flew its first commercial flight using palm oil-blended jet fuel, as the world's biggest producer of the commodity pushes for wider use of biofuels to cut fuel imports.
