Tag: Malaysia

Palm Oil industry accused of Human trafficking in Malaysia, as Obama Adminstration up Malaysia’s status in “Trafficking in Persons” report 

Palm Oil industry accused of Human trafficking in Malaysia, as Obama Adminstration up Malaysia’s status in “Trafficking in Persons” report 

July 27, 2015 |

A report in the Wall Street Journal fingered Malaysian grower Felda for a series of migrant worker abuses on Malaysian plantations — with explosive charges from workers of human trafficking. “They buy and sell us like cattle,” a Bangladeshi worker was quoted in the report. The Rainforest Action Network  is using the report to highlight […]

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Malaysian biodiesel exports to Europe jump back to 22,670 tons in June

Malaysian biodiesel exports to Europe jump back to 22,670 tons in June

July 13, 2015 |

In Malaysia, biodiesel exports to Europe jumped to 22,670 metric tons in June, up from just 1,314 tons in May and the highest this year since February at 25,616 tons. March through May say exports at just around 1,000 tons per month. A trading arbitrage opportunity opened up the end of May that includes a […]

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Malaysia says October for B10 implementation

Malaysia says October for B10 implementation

July 6, 2015 |

In Malaysia, the government has set October as the start date for the new B10 policy despite concerns from automakers that their vehicles won’t run properly on the fuel. Achieving B10 nationwide will push crude palm oil consumption to 1 million metric tons annually.

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Mercedes-Benz says B10 OK for its cars in Malaysia after all

Mercedes-Benz says B10 OK for its cars in Malaysia after all

July 1, 2015 |

In Malaysia, Mercedes-Benz is now backtracking on its earlier assertion that its vehicles couldn’t run on B10, saying instead that the fuel is actually fine for all vehicles sold within the country. Toyota, Isuzo, Volkswagen and others also challenged the government’s move to boost the biodiesel blend, saying their vehicles couldn’t accept the fuel, but […]

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Toyota, Isuzu and Volkswagon also say no to Malaysia’s B10 plans

Toyota, Isuzu and Volkswagon also say no to Malaysia’s B10 plans

June 18, 2015 |

In Malaysia, Toyota, Isuzu and Volkswagon have echoed Mercedes Benz’s concerns about blending higher levels of biodiesel, saying their engines top out at 7%.  Mazda says its SkyActiv-D engines are fine with B10 but those models aren’t marketing in the country.

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RFS continues to support Malaysian palm oil prices

RFS continues to support Malaysian palm oil prices

June 15, 2015 |

In Malaysia, palm oil futures prices continue to be supported by the EPA’s announcement on RFS that is expected to create more demand for biodiesel, helping to push prices up 10% since the end of April. As palm oil is currently the cheapest vegetable oil, it is seeing increased demand from China who was a […]

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Malaysia to implement B10 by October, boosting palm oil prices and vexing BMW

Malaysia to implement B10 by October, boosting palm oil prices and vexing BMW

June 8, 2015 |

In Malaysia, the country’s B10 policy is expected to come online in October, up from the current 7% blending mandate. Total crude palm oil consumption should reach about 1 million metric tons annually with the higher blend, compared to about 700,000 tons now. Palm oil futures prices rose to a 3-month high on the news. […]

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Delay in Indonesia palm oil export levy weighing on Malaysian futures

Delay in Indonesia palm oil export levy weighing on Malaysian futures

May 26, 2015 |

In Malaysia, palm oil exports were up 54% on the month during the period May 1-25, a move that should have helped support futures prices more than it did thanks to continuing delays on Indonesian export levies that means Indonesian product will continue to flow into the market. Export news helped to lift prices off […]

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Biodiesel takes a hit as palm oil prices return to a premium over diesel

Biodiesel takes a hit as palm oil prices return to a premium over diesel

May 12, 2015 |

In Malaysia, biodiesel has taken another hit as palm oil prices increased and weighed on demand for using the oil as biofuel feedstock. The CPO/fossil diesel spread has moved back into positive numbers at nearly $8.50 per metric ton. With diesel prices cheaper than palm oil, demand drops for blending biodiesel.

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Analyst sees palm oil prices crashing to six-year lows later in 2015

Analyst sees palm oil prices crashing to six-year lows later in 2015

April 13, 2015 |

In Malaysia, key palm oil analyst Dorab Mistry expects the biodiesel feedstock price to fall to six-year lows of $514 per metric ton as a result of increased production. Prices have already fallen 19% this year, following petroleum prices lower, and though production will remain off through June, it is expected to pick up afterwards […]

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