Archived News
13-05-2019
China defiant toward US on trade, Kudlow urges strong enforcement steps
The United States and China appeared at a deadlock over trade negotiations on Sunday as Washington demanded promises of concrete changes to Chinese law and Beijing said it would not swallow any "bitter fruit" that harmed its interests
13-05-2019
Oriental sees higher CPO yields on new planting
Oriental Holdings Bhd is looking to deliver higher oil yields by planting additional oil palm trees in Indonesia and replanting ageing trees in Malaysia
13-05-2019
CIMB Research sees CPO trading around RM2,400 in 2019
CIMB Equities Research is maintaining its average crude palm oil (CPO) price forecast of RM2,400 per tonne for 2019F and its neutral view on the sector
13-05-2019
Further drop in CPO inventory to support prices over next two months
Falling palm oil inventories should help to support crude palm oil prices, which has been hovering near its lowest levels this year.
13-05-2019
EU-M'sia ties to remain strong despite palm oil issue, says EU ambassador
The European Union (EU) is optimistic that its relationship with Malaysia will remain strong even in the midst of the discord regarding the palm oil issue
13-05-2019
Sabah planters happy with no property assessment tax on palm oil mills
Sabah planters are "delighted" that a proposed property assessment tax (PAT) on palm oil mills and its labour quarters will not be implementedq
13-05-2019
M'sian palm oil price drops as trade conflict overrides bullish data
Malaysian palm oil futures fell more than 1% by Friday's close, having touched a five-month low, as concern over the U.S.-China trade conflict outweighed data showing easing stockpiles and production.
10-05-2019
Palm oil may retest resistance at RM2,050
Palm oil may retest a resistance at RM2,050 per tonne, a break above which could lead to a gain into the range of RM2,075-RM2,099.
10-05-2019
Palm oil eases on trade war worries
Malaysian palm oil futures fell on Wednesday, pressured by concerns over the Sino-US trade conflict and as the ringgit strengthened.
10-05-2019
India Edible Oil: Most up; CPO eases tracking Malaysian cues
Futures contracts of most components in the edible oil basket extended gains on domestic exchanges today.
10-05-2019
WWF: 'EU currently uses two times more than its ecosystems can renew'
The EU is being called to spend a quarter of its entire budget fighting climate change.
10-05-2019
The major Asian stock markets had a negative day today
China stated they will take required countermeasures if the US raises tariffs to 25% on 200 billion’s worth of Chinese goods. “The Chinese side deeply regrets that if the US tariff measures are implemented, China will have to take necessary countermeasures,†the ministry said.