CPO Futures Close Lower, Tracking Weakness in Soybean Oil
25/07/2024 (Bernama) – The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower for the third consecutive day on Thursday, tracking weakness in the Chicago soybean oil market and weaker Dalian palm olein prices..... < read more >

Palm oil extends falls on higher output estimates, weaker rivals
25/07/2024 (Reuters), Beijing - Malaysian palm oil futures fell for a third session on Thursday, weighed down by weaker competing edible oils and forecasts of higher output as traders shrugged off Indonesia's plan to raise its biodiesel content..... < read more >

Ministry mulls easing loan process for oil palm smallholders in Budget 2025
25/07/2024 (New Straits Times), Kuala Lumpur - The Ministry of Plantation and Commodities (KPK) will consider simplifying the loan process from banks to oil palm smallholders in the upcoming Budget 2025..... < read more >

ICE Review: Canola Bumps Up Due to Chicago Beans, Meal
25/07/2024 (Morning Star), Manitoba - Intercontinental Exchange canola futures increased on Thursday, but with the upfront contracts fading from earlier gains..... < read more >

Fuel Retailers Praise House Bill to Extend Biodiesel Tax Credit
25/07/2024 (Chemanalyst) - NATSO, which represents America’s travel centers and truck stops; SIGMA: America’s Leading Fuel Marketers; and the National Association of Convenience Stores (NACS) have praised a bipartisan group of lawmakers for introducing the “Biodiesel Tax Credit Extension Act of 2024.” This proposed legislation aims to extend the biodiesel blender’s tax credit and is sponsored by Representatives Mike Carey (R-Ohio), Claudia Tenney (R-NY), Ann Kuster (D-NH), and Marianne.... < read more >

 
Source: https://bepi.mpob.gov.my
Economics and Industry Development Division
Malaysian Palm Oil Board