biodiesel

Indonesia reiterates its commitment to a higher biodiesel blend in its diesel oil amid Covid-19 pressures.

(Dec 10): The European Union confirmed tariffs on Indonesian biodiesel imports on Monday to counter what it sees as unfair subsidies, the latest blow to producers after the bloc ruled that palm oil should be phased out of renewable transport fuels.

SINGAPORE (July 4): RHB Research is reiterating its “buy” call on Wilmar International with an unchanged target price of $3.59, while highlighting ongoing market uncertainties and the recent retracement in share price as a good opportunity to accumula

SINGAPORE (June 21): Despite the US and China having agreed to back down from imposing tariffs in May, the Trump administration has gone ahead to slap a 25% tariff on up to US$50 billion ($68 billion) of Chinese products.

SINGAPORE (Jan 31): UOB Kay Hian is maintaining its “overweight” call on the planation sector within Singapore and the region, noting that crude palm oil (CPO) prices are likely to stay firm throughout 1H17 as supply is still relatively tight.

SINGAPORE (Dec 7): 2017 could finally be a better year for commodities as higher fresh fruit bunches output and crude palm oil prices fuel improved earnings for upstream palm oil companies.