The reduction in BCD on crude edible oils is expected to lower their landed cost

KUALA LUMPUR, Aug 26 (Bernama) — Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower on Wednesday, tracking the weaker global vegetable oil prices following Malaysia’s public holiday yesterday. The market was closed yesterday for the Maulidur Rasul public holiday. Mumbai-based Sunvin Group commodity research head Anilkumar Bagani said the market was further pressured by the weaker-than-expected Malaysian palm oil export performance for Aug 1-25, coupled with a slower-than-expected pace of production decline. “The absence of fresh demand, amid CPO trading at a premium to gasoil and at par with or above soybean oil prices, also weighed on […]

KUALA LUMPUR, March 14 (Bernama) — Crude palm oil (CPO) futures trading on Bursa Malaysia Derivatives is expected to remain bullish next week in line with firmer crude oil prices driven by uncertainty created by the ongoing West Asia conflict. Iceberg X Sdn Bhd proprietary trader David Ng said the conflict has been affecting the crude oil market, which in turn boosted the vegetable oil markets, especially palm oil, in terms of biodiesel production. “Hence we anticipate prices to range between RM4,450 and RM4,680 per tonne next week,” he told Bernama. Meanwhile, Interband Group of Companies senior palm oil trader […]

Studies demonstrate that people consuming more vegetable oil rich in omega 6 fats are more likely to die prematurely.

For decades Americans have been told to eat lots of vegetable oils. They are also in our favorite crunch foods. Are there hidden dangers?