|
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
CPO futures end higher on concerns over weaker output
KUALA LUMPUR (Dec 23): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Thursday amid lingering concerns over weaker output in the coming weeks, a dealer said.
Palm books third consecutive day of gains
JAKARTA: Malaysian palm oil futures posted a third consecutive day of gains on Thursday over expectations of lower December output, as torrential rains that began last week caused floods in eight states in Malaysia.
Indonesia saves $4.54 billion in foreign exchange by using biofuel
Jakarta (ANTARA) - The utilization of 30 percent biodiesel (B30) in 2021 helped Indonesia save US$4.54 billion in foreign exchange or equivalent to Rp64.6 trillion, the Energy and Mineral Resources Ministry has informed.
More US soybean oil crushing capacity planned in N.D. joint venture
CGB Enterprises and Minnesota Soybean Processors have formed a joint venture to build a soybean processing plant near Casselton, North Dakota, the latest in wave of new soybean crushing capacity projects announced to meet growing feedstock demand for renewable fuels projects.
US soybean supply set to soar on higher acreage
The US soybeans supply in marketing year 2022-23 (September-August) is set to soar amid higher acreage transfer from fertilizer-intensive corn crop.
Vegetable oil loses its first-place spot in oilseed complex
Vegetable oils have led the way for the oilseed complex for months but have recently weakened.
Indonesia to consider subsidising cooking oil to curb inflation
JAKARTA (Dec 23): Indonesia is considering subsidising cooking oil for its domestic market using revenue from a palm oil export levy as authorities seek to keep inflation in check amid a rise in commodity prices, its trade minister said on Thursday (Dec 23).
Palm oil growers likely face minimal flood disruption
KUCHING: Analysts expect minimal impact from the severe flooding in Peninsular Malaysia following a cursory check on plantations there with exposures in the flood-affected states.
FGV to refinance its borrowings
PETALING JAYA: FGV Holdings Bhdhttps://cdn.thestar.com.my/Themes/img/chart.png is planning to raise RM500mil through the sukuk murabahah programme that will be used to refinance its borrowings.
