Archived News
22-11-2018
Republican senators urge vote on new NAFTA deal this year
Twelve U.S. Republican Senators on Wednesday urged President Donald Trump to submit the deal to update the North American Free Trade Agreement to Congress for passage by year-end, before Democrats assume control of the House of Representatives
22-11-2018
Cabinet okays crude palm measures
The Energy Ministry is confident the entire crude palm oil surplus of 420,000 tonnes can be absorbed by next May with the three measures the cabinet approved on Tuesday.
22-11-2018
Ling optimistic CPO price will go up next year
Malaysia Palm Oil Board (MPOB) director Senator Alan Ling Sie Kiong is optimistic that the crude palm oil (CPO) price will go up next year as this commodity swings upwards in the world market.
22-11-2018
Palm up on crude oil recovery
Malaysian palm oil futures ended Wednesday's trade higher as a recovery in crude oil prices buoyed sentiment
22-11-2018
Ringgit slides as investors seek out safe havens
The ringgit retreated from Monday's gains to open lower this morning against the US dollar, as the stronger greenback curbed demand for the local unit, dealers said
22-11-2018
Indonesia pushes initial negotiation of preferential trade agreement with Bangladesh
The Indonesian government has been pushing the initial negotiation of the Preferential Trade Agreement (PTA) with Bangladesh in a bid to enhance bilateral trade.
22-11-2018
How ‘Dirty’ is India's Palm Oil and What Should We Do About It?
While India may be able to ignore ecological loss happening in Indonesia and Malaysia, the problems are getting more complicated and closer home.
22-11-2018
Muted response from China to hard-hitting US report on bilateral trade, ahead of meeting between Xi and Trump
China on Wednesday (Nov 21) sought to downplay a newly released report by the United States that accused it of continuing unfair trade practices.
22-11-2018
The majority of Belgians are unaware that diesel at the pumps contains palm oil
Belgians are greatly opposed to using palm oil in car fuel.
22-11-2018
Oil palm tree growers hit hard by price decline
Oil palm tree growers in Indragiri Hulu, Riau province have been experiencing losses amid declines in the price of oil palm fresh fruit bunches to only Rp 600 (4 US cents) per kilogram, from Rp 1,300 per kg in previous months.
22-11-2018
Crops are rotting in fields as Trump’s trade war bites US farmers
American farmers are struggling to find storage for crops that would usually be sold overseas, with some being forced to leave produce rotting in fields as a last resort, as the trade conflict between the US and China continues.
22-11-2018
EU rapeseed sowings disrupted by drought, more imports possible
A sharp cut in rapeseed sowings in the European Union’s main producers has raised industry fears of a smaller than expected 2019 crop and a larger import need.