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Business 25 Jul 2019 | 10:57 PM Premium

EU plans to impose import duties on Indonesia biodiesel

BRUSSELS/PARIS/JAKARTA: The European Commission has proposed duties ranging from 8% to 18% on imports of biodiesel from Indonesia to counter what it says are unfair subsidies, the latest twist in a case that has lasted seven years

Corporate News 17 Feb 2019 | 11:09 PM Premium

Indonesian presidential hopefuls vow energy self-sufficiency through palm

JAKARTA: Indonesia's two presidential candidates pledged on Sunday to achieve energy self-sufficiency by boosting the use of bioenergy, particularly fuelled by palm oil, to cut costly oil imports by Southeast Asia's biggest economy.

Corporate News 07 Feb 2019 | 12:00 AM Premium

B10 mandate lifts CPO price

PETALING JAYA: The increased mandated usage of palm oil as fuel and rising demand from key buyers are helping to pare down record-high inventory and boost the commodity price to its highest level since July last year.

Plantations 25 Sep 2018 | 10:40 PM Premium

Malaysian palm oil price gains for 2nd straight day on stronger crude oil

KUALA LUMPUR: Malaysian palm oil futures edged up for a second consecutive session on Tuesday, tracking strength in crude oil prices and a weaker ringgit.

Plantations 18 Jan 2018 | 10:28 PM Premium

EU to withdraw Argentina, Indonesia biodiesel duty appeals

BRUSSELS: European Union ambassadors agreed on Thursday to withdraw an appeal to the European Court of Justice meaning the bloc will have to accept its verdict annulling anti-dumping duties imposed on imports of biodiesel from Argentina and Indonesia.

Business 27 Jul 2016 | 1:11 AM Premium

Malaysian palm oil/Vegoils: Market factors to watch Wednesday July 27

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday July 27

Business 05 Nov 2015 | 7:12 AM Premium

Malaysian palm oil price rises on Indonesian energy firm's biodiesel supply deal

KUALA LUMPUR: Malaysian palm oil rose on Wednesday after reports Indonesian state-owned energy company Pertamina had secured biodiesel supplies.

Business 12 Mar 2015 | 6:47 AM Premium

Rapeoil prices rise on biodiesel demand

LONDON: Rapeseed oil prices rose on the European vegetable oils market on Wednesday, boosted by demand from biodiesel producers and a further decline in the value of the euro.

Business 05 Mar 2015 | 6:55 AM Premium

Palm oil prices set for a "year of two halves", biodiesel demand eyed

KUALA LUMPUR: Palm oil prices are set for a "year of two halves", rising over the next few months as demand overwhelms supply but slipping to as much as six-year lows later in 2015 as output climbs, analysts said at an industry conference.