Tag: Malaysia

Malaysian palm oil prices may lose support following US import duty decision

Malaysian palm oil prices may lose support following US import duty decision

August 24, 2017 |

In Malaysia, crude palm oil prices have been rising recently in response to tighter supplies following lower-than-expected production over the summer but the market is concerned prices will fall in response to the United States imposing anti-dumping duties on Indonesian and Argentine biodiesel. The falling demand should weigh on prices as a result. Currently prices […]

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Malaysia teaming with Indonesia to develop Chinese and Indian biodiesel markets

Malaysia teaming with Indonesia to develop Chinese and Indian biodiesel markets

August 24, 2017 |

In Malaysia, the government is working to further strengthen its ties with Indonesia on palm oil promotion and marketing in an effort to combat increasing aggression from EU and US markets by collaborating in market development in countries like China and India. China is looking to implement a B5 policy that the countries could jointly […]

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Malaysian oil palm producer offers $175.1 million for 11,600ha in Sabah

Malaysian oil palm producer offers $175.1 million for 11,600ha in Sabah

August 22, 2017 |

In Malaysia, oil palm producer Boustead Plantations has made an offer to buy 11,600 ha in Sabah for $175.1 million from Pertama Land & Development that has been accepted. The company’s Q2 results improved thanks to higher fresh fruit bunch production as well as improved palm oil prices but it expects prices to fall back […]

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Malaysia negotiating with auto manufacturers to warranty B10

Malaysia negotiating with auto manufacturers to warranty B10

August 9, 2017 |

In Malaysia, the government is negotiating with automobile manufacturers to ensure their commercial vehicles sold in the country will have warranties that cover use of B10 when the fuel comes into the market. Currently commercial fuel is blended with 7% biodiesel but the plantations minister says that in tropical climates using palm oil biodiesel, contrary […]

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Head of EU delegation to Malaysia says European Parliament may be using inaccurate facts about CPO

Head of EU delegation to Malaysia says European Parliament may be using inaccurate facts about CPO

August 7, 2017 |

In Malaysia, ahead of the parliamentary delegation to Europe next month in an effort to promote the use of palm oil for biodiesel and head off any legislation that may ban or inhibit the use of palm oil biodiesel in European countries, the head of the European delegation to Malaysia has written to the plantations […]

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Malaysia’s B10 policy hindered by high palm oil prices

Malaysia’s B10 policy hindered by high palm oil prices

August 7, 2017 |

In Malaysia, price remains the main deterrent to implementing the B10 biodiesel mandate with biodiesel prices of roughly $2.94/liter compared to $1.60/liter for diesel. Contrary to how the higher blending mandate is financed in Indonesia where the government picks up the bill, in Malaysia it would be up to consumers to pay the price difference […]

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Malaysia to send six MPs to Europe to fight for palm oil

Malaysia to send six MPs to Europe to fight for palm oil

July 31, 2017 |

In Malaysia, the country is sending a delegation of six MPs to Europe in late September in an effort to try and stir up support for palm oil following trends in both the European Union and Norway to move away from using the oil due to sustainability challenges. The mission had been delayed from July […]

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Malaysia wants Philippines to boost biodiesel consumption with imports

Malaysia wants Philippines to boost biodiesel consumption with imports

July 24, 2017 |

In Malaysia, the country is trying to encourage the Philippines to boost its biodiesel blend to 5% from the current 2% and supplement consumption with sustainable palm oil-based biodiesel imports. Currently the Philippines uses only domestically-produced coconut-based biodiesel at around 323,000 metric tons per year. Malaysia is targeting a 50% increase in palm oil exports […]

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Malaysia and Indonesia ready to fight EU at WTO over palm oil ban

Malaysia and Indonesia ready to fight EU at WTO over palm oil ban

July 17, 2017 |

In Malaysia, during a meeting between the trade ministers for Malaysia and Indonesia, the countries expressed deep disappointment in the allegedly unfair treatment by the EU on palm oil in favor of other vegetable oils and commodities which they say also contribute significantly to deforestation. This EU resolution as well as the unfair labeling practices […]

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Malaysian palm oil exports to Iran soar 141.5% through May

Malaysian palm oil exports to Iran soar 141.5% through May

July 13, 2017 |

In Malaysia, palm oil exports to Iran soared 141.5% on the year in the period through May to $174.1 million worth for 282,238 metric tons. Before the country imposed a cap on palm oil imports in 2014 to no more than 30% of domestic oil and fats consumption, the country imported nearly 1 million tons […]

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