By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, April 16 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed marginally higher amid the rise in crude oil prices that continued to lend support to market sentiment, a trader said.
KUALA LUMPUR, April 15 (Bernama) -- The proposed increase in the country’s biodiesel blend from B10 to B15, starting with B12, can reduce dependence on diesel and extend the lifespan of the nation’s fuel supply following the crisis in West Asia, said Economy Minister Akmal Nasrullah Mohd Nasir.
PUTRAJAYA, April 15 (Bernama) -- Economy Minister Akmal Nasrullah Mohd Nasir will do a working site visit in Selangor this Saturday to assess the raw inputs used in the biodiesel blending process.
KUALA LUMPUR, April 15 (Bernama) -- Crude palm oil (CPO) prices are expected to be supported by demand tailwinds such as higher blending mandates announced by the United States (US) Environmental Protection Agency (EPA), said CGS International Malaysia Sdn Bhd.
KUALA LUMPUR, April 15 (Bernama) -- Waste management services provider 5E Resources Holdings Bhd is poised to leverage the government’s move to raise the biodiesel blend rate to B15, expecting increased waste generation from the biodiesel industry to support its growth.
PUTRAJAYA, April 15 (Bernama) -- Demand for palm oil is expected to continue increasing from traditional importing countries such as China and India, driven by global geopolitical uncertainty as well as their need to ensure energy and food security.
KUALA LUMPUR, April 14 (Bernama) -- Palm-based B100 biodiesel has the potential to be a strategic alternative in strengthening the country's energy security, especially in the face of global fuel supply uncertainties.
KUALA LUMPUR, April 14 (Bernama) -- The National Economic Action Council (NEAC) meeting has set a clear direction in managing the global energy crisis, which is increasingly acute and expected to be prolonged, by emphasising the main approach to guaranteeing the supply of energy and basic goods so that the people's daily lives are not affected.
KUALA LUMPUR, April 14 (Bernama) -- The government has agreed to increase the biodiesel blend rate from B10 to B15, beginning with B12, in order to further sustain the country’s diesel supply following the crisis in West Asia.
KUALA LUMPUR, April 13 (Bernama) -- Crude palm oil inventory is expected to inch down in the second quarter (2Q) of the year, driven by stronger exports as buyers stock up amid uncertainty over the current ceasefire in West Asia.
KUALA LUMPUR, April 10 (Bernama) -- Crude palm oil (CPO) prices are expected to remain elevated, supported by biodiesel mandates, higher oil prices, and weather-related supply risks, said CIMB Securities Sdn Bhd.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, April 9 (Bernama) -- The government will focus on ensuring there is sufficient supply of fuel and basic goods to enable economic activities to continue, according to Economy Minister Akmal Nasrullah Mohd Nasir.
