Tag: palm oil

France warns Malaysia to keep its nose clean on palm oil

France warns Malaysia to keep its nose clean on palm oil

July 11, 2018 |

In Malaysia, the Borneo Post reports that the French ambassador has sent a strong warning to palm oil producers and the national government that if the production of palm isn’t done sustainably, even though the ban on palm oil has been postponed until 2030, European consumers won’t stand for it. France’s Total plans to use […]

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Indonesia to explore B30 to suck up palm oil supplies

Indonesia to explore B30 to suck up palm oil supplies

July 10, 2018 |

In Indonesia, the Jakarta Post reports that the president has asked for a feasibility study into increasing the domestic biodiesel blending mandate to 30% from the current 20% that could add an extra 500,000 metric tons of palm oil demand annually. The industries minister said increasing the blend is meant to reduce the country’s reliance […]

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New Malaysian plantations minister challenged to find new markets for palm oil

New Malaysian plantations minister challenged to find new markets for palm oil

July 10, 2018 |

In Malaysia, the palm oil industry is hopeful the new plantations minister will push a stronger biodiesel agenda in the country to help provide added value markets domestically for its CPO rather than as a low-cost commodity for export. With higher minimum wage increases, the price of CPO is expected to rise in comparison with […]

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IUCN says banning palm oil would displace risks to other feedstocks

IUCN says banning palm oil would displace risks to other feedstocks

July 3, 2018 |

In France, banning palm oil would most likely increase the production of other oil crops to meet demand for oil, displacing rather than halting the significant global biodiversity losses caused by palm oil, warned an IUCN report published last week. The IUCN report, Palm Oil and Biodiversity, is an objective analysis of palm oil impacts […]

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Dutch foreign minister seeks to help Indonesia avoid palm oil ban

Dutch foreign minister seeks to help Indonesia avoid palm oil ban

July 3, 2018 |

In Indonesia, the Jakarta Globe reports that the Dutch foreign minister met with his Indonesian counterpart to discuss how to keep the European market and particularly the Dutch market open to palm oil imports despite a tripartite agreement made two weeks ago by the European Parliament, European Commission and European member states to ban its […]

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European Union agrees on renewable transport targets and palm oil ban

European Union agrees on renewable transport targets and palm oil ban

June 14, 2018 |

In Belgium, negotiators from the European Parliament, Council and Commission agreed early Thursday morning on a new target for renewables in transport – a deal that clearly recognizes the importance of separating bad biofuels like palm oil from good ones like European ethanol. The agreement sets a target of 14% renewables in transport by 2030. […]

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Farmers request block for French oil refineries using palm oil

Farmers request block for French oil refineries using palm oil

June 2, 2018 |

In France, the largest farmers’ union asked that French oil refineries be blocked in protest at a decision allowing Total to use imported palm oil at a new biofuel production site. Earlier in May, the French government gave Total permission to use palm oil as a feedstock at its La Mede biofuel refinery. Farmers who […]

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French farmers to block oil refineries in protest of palm oil imports

French farmers to block oil refineries in protest of palm oil imports

May 31, 2018 |

In France, much in the same way Brazilian truckers brought its economy to a halt by blocking ports in protest of high oil prices, Reuters reports that French farmers have called for a protest to block oil refineries as of June 10 to show their displeasure that Total will import 75% of the feedstock required […]

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European imports of Indonesia palm oil slide following anti campaigns

European imports of Indonesia palm oil slide following anti campaigns

May 31, 2018 |

In Indonesia, Reuters reports that palm oil exports to the European Union fell drastically by 13% during the first four months of 2018 on the back of anti-palm oil campaigns as well as higher canola stocks. Seasonal exports to India ahead of Ramadan also fell, with the drops in two major markets contributing to a […]

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Diesel fuel prices draw level with palm oil prices

Diesel fuel prices draw level with palm oil prices

May 27, 2018 |

In Germany, UFOP reports that asking prices for diesel fuel and palm oil have reached virtually the same level. The reason is contradictory price trends for crude and palm oil. Pointing to the fact that the vegetable oil markets face oversupply worldwide, UFOP expects that the preference for using palm oil as a feedstock in […]

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