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Palm tracks gains in Dalian and Chicago rival oils, stronger crude
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Malaysia raises palm oil export duty for April
Middle East conflict boosts demand for alternative fuels
Palm oil rises after Indonesia raises export tax, biodiesel use
29/08/2022 (29/08/2022 (The Edge Markets), Jakarta - Palm oil advanced after Indonesia, the world’s biggest grower, raised its export tax for the first half of September and announced an increased allocation for local biodiesel use this year.), Jakarta - Palm oil advanced after Indonesia, the world’s biggest grower, raised its export tax for the first half of September and announced an increased allocation for local biodiesel use this year.
Sabah’s mid-sized oil palm planters band together for sustainability push
29/08/2022 (Malay Mail), Kota Kinabalu - Medium-sized oil palm producers in the state will soon adopt sustainable practices under the Malaysian Sustainable Palm Oil (MSPO) and Roundtable on Sustainable Palm Oil (RSPO) certification standards.
Malaysian palm oil futures up
28/08/2022 (Business Recorder), Jakarta - Malaysian benchmark palm oil futures dropped for a second straight session on Friday as traders booked gains ahead of the weekend following a recent rally, with the contract managing to post a weekly gain.
Sarawak Oil Palms’ minimal forward position main factor behind stellar 1H profit
29/08/2022 (Borneo Post Online), Kuching - Sarawak Oil Palms Bhd’s (Sarawak Oil Palms) minimal forward position was a main factor behind its stellar profit in the first half of 2022 (1H22), which analysts believe enabled it to benefit from higher crude palm oil (CPO) spot prices.
Improvement in soybean oil-oilseeds, decline in palmolein
29/08/2022 (News Day Express), New Delhi - Barring groundnut, CPO, palmolein, cottonseed oil and mustard oil-oilseeds prices fell on Monday in the Delhi oil-oilseeds market amid a declining trend in overseas markets. On the other hand, the prices of oilseeds closed strongly due to farmers not selling soybean at a lower price. On the other hand, the prices of groundnut oil and oilseeds remained at the previous level.
PRESS RELEASE: UPDATE 1-INDONESIA INCREASES 2022 BIODIESEL ALLOCATION TO 11.03 MLN KL - STATEMENT
29/08/2022 (Successful Farming) - Indonesia has raised its 2022 biodiesel allocation to 11.03 million kilolitres amid expectations of rising demand in the fourth quarter while it extends an export levy waiver to maintain price stability, a senior minister said on Monday.
High supply concern to weigh on CPO futures next week
The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to experience technical correction next week, as concerns over production and inventory will weigh on investors’ appetite.
VEGOILS-Palm snaps four-day rally ahead of export data
Malaysia's benchmark palm oil futures fell on Thursday after four straight sessions of gains, with investors awaiting Aug. 1-25 export data from cargo surveyors for further direction.
Producing Biodiesel from Palm Kernel Shells
A new paper appearing in the journal Environmental Research has explored the production of biodiesel from palm kernel shells, an agricultural waste stream. Scientists from Malaysia, Brunei, and Oman have contributed to the research.
