Archived News
14-02-2019
Crude Palm oil prices to trade sideways to lower: Angel Commodities
Angel Commodities' report on Crude Palm oil. MCX CPO slipped to 2-week low on Tuesday due to technical correction and tracking weakness in Malaysia palm oil prices.
13-02-2019
Malaysian palm oil/Vegoils: Market factors to watch Wednesday Feb 13
The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday Feb 13
13-02-2019
CGS-CIMB: Palm oil stocks set to continue dropping this month
Palm oil stocks are expected to continue to decline in February after falling 6.7% month-on-month (m-o-m) in January on the back of a recovery in exports and higher consumption.
13-02-2019
Ringgit higher against US$ on US-China trade talks prospects
The ringgit was higher against the greenback early Wednesday with investors confident that the new round of US-China trade discussions which begin tomorrow would yield a positive outcome, said a dealer.
13-02-2019
Trump says could extend China trade talks deadline
US President Donald Trump said on Tuesday (Feb 12) he would consider extending the deadline for a trade deal with China beyond Mar 1
13-02-2019
Malaysian palm oil price declines for 3rd straight day on weaker demand
Malaysian palm oil futures slipped on Tuesday, posting a third day of declines amid slowing export demand.
13-02-2019
World stock markets rally on hopes for US-China trade deal
Signs that the United States and China might reach an agreement in trade talks and news of a tentative deal to avoid another government shutdown in Washington helped push world stock markets and bond yields broadly higher Tuesday
13-02-2019
EU commission criticised for selective palm oil discrimination
BRUSSELS: The European Commission has concluded that palm oil cultivation results in deforestation and its use in transport fuel should be phased out, but environmentalists criticized it on Monday for allowing a number of exceptions
13-02-2019
Oversupply of palm oil drags price, says MIDF
Malaysia’s palm oil inventory registered a decline of 6.7% to three million tonnes for January 2019, its first fall in seven months
13-02-2019
Asean credibility at stake if RCEP not concluded this year, forum hears
Concluding the Regional Comprehensive Economic Partnership (RCEP) will be the biggest challenge during Thailand’s Asean chairmanship this year, as failing to do so will gravely damage the credibility of the Southeast Asian grouping, international relations experts cautioned on Tuesday
13-02-2019
Brexit threat to new Japan trade pact
Premium British brands are concerned that a no-deal Brexit could threaten a new free trade agreement with Japan, putting them at a disadvantage against their European Union competitors.
13-02-2019
Israel, Iran to join Russian-led free trade agreement
Along with Iran, Israel is expected to sign a free-trade deal with the Russian-led Eurasian Economic Union, or EAEU, in the near future, according to officials in Jerusalem and Moscow.