Tag: Malaysia

Malaysia postpones B10 implementation and palm oil futures drop

Malaysia postpones B10 implementation and palm oil futures drop

June 20, 2016 |

In Malaysia, the government said it would likely delay implementation of its B10 blending mandate to August rather than July which in turn weighed heavily on palm oil prices due to the lack of expected demand that has already been priced into the futures market. Prices fell by more than 2% on Monday following the […]

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Malaysian Automotive Association unhappy about B10

Malaysian Automotive Association unhappy about B10

June 16, 2016 |

In Malaysia, the Malaysian Automotive Association has complained in a letter to the trade ministry that the B10 mandate that came into effect earlier this month is detrimental to low-sulfur vehicles designed for Euro5 standards. They claim levels of biodiesel higher than 7% can thin the motor oil and lead to sludging in the engine. […]

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Malaysian farmers not able to reap benefits of high price due to low production

Malaysian farmers not able to reap benefits of high price due to low production

June 16, 2016 |

In Malaysia, falling palm oil stocks will lead to higher prices but with El Niño impacting production volumes, it’s not clear how much farmers will be able to benefit from higher prices considering the lower throughput. Stockpiles hit a 62-month low in May and the trend is expected to continue in June as well, with […]

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Malaysia returns in May as major biodiesel exporter

Malaysia returns in May as major biodiesel exporter

June 13, 2016 |

In Malaysia, the country returned to being a serious exporter in May with 20,872 metric tons with the majority loaded at Pasir Gudang port possibly for a European buyer, compared to just 116 tons the month before. As exports rose, stocks fell more than 8% to 1.65 million tons, the lowest since March 2011, though […]

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Felda Global Ventures says new B7 policies will curb CPO dumping

Felda Global Ventures says new B7 policies will curb CPO dumping

June 6, 2016 |

In Malaysia, Felda Global Ventures says the new B7 policy implemented June 1 will help the country stop dumping crude palm oil on the market and will bring stability to prices. As a result of the policy, the company expects domestic demand to increase by 40%. Low oil prices have weighed heavily upon the country’s […]

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Malaysian palm oil futures rise thanks to B7 mandate announcement

Malaysian palm oil futures rise thanks to B7 mandate announcement

June 1, 2016 |

In Malaysia, palm oil futures jumped to a near-three week high at $637 per metric ton on news about the B7 blending mandate that went into effect on Wednesday. A weaker ringgit is also helping to support prices, which were just a few points off of a major technical resistance level that if broken could […]

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Malaysia to boost mandate to B10 for June 1

Malaysia to boost mandate to B10 for June 1

May 31, 2016 |

In Malaysia, the biodiesel blending mandate for transport will increase to B10 from the current B7 on June 1, while the industrial sector will have to boost its consumption to 7% biodiesel. As a result, domestic consumption of crude palm oil with increase to 709,000 metric tons. Crude oil prices have fallen significantly during the […]

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Malaysian palm oil stocks fall to 14-month lows as El Niño hits producti

Malaysian palm oil stocks fall to 14-month lows as El Niño hits producti

May 12, 2016 |

In Malaysia, palm oil stocks have fallen to 14-month lows at 1.80 million metric tons in April, down 4.5% from March. Bloomberg had expected stocks to be around 1.82 million ton in April. Production during the month increased 6.7 percent to 1.30 million tons while exports fell 3 percent to 1.16 million tons but production […]

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Palm residues can be removed from plantations without negative effects, says Malaysian study

Palm residues can be removed from plantations without negative effects, says Malaysian study

April 25, 2016 |

In Malaysia, a recent study published by Dr. Christopher Teh found that one-third of palm residues could be removed from plantations without negative impacts on soil erosion, nutrient balance, and soil carbon loss. The study reviewed different types of palm residues, including palm fronds, trunks, and empty fruit bunches, and concluded that empty fruit bunches, […]

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El Niño dryness sees Malaysian palm oil prices at two-week high

El Niño dryness sees Malaysian palm oil prices at two-week high

April 21, 2016 |

In Malaysia, continued concerns over dry, hot weather resulting from El Niño is helping to support palm oil futures prices to a two-week high following four days of a stronger pricing trend. Already prices have risen 11% this year thanks to lower production estimates resulting from the El Niño impacts. Prices have breached the $700 […]

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