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MARKET DEVELOPMENT  
  19-02-2019

Malaysia-China trade volume at record high of RM443b

Total trade volume between Malaysia and China reached a record high of US$108.6bil (RM443bil) in 2018, with the number of Chinese visitors into Malaysia increasing 29% to 2.94 million last year.

MARKET DEVELOPMENT  
  19-02-2019

EU says UK will struggle to match its free trade deals

The UK will struggle to conclude the same high quality free trade deals as the European Union due to its small size and continuing uncertainty over Brexit, the EU’s agriculture commissioner has said.

MARKET DEVELOPMENT  
  19-02-2019

WHO must take some responsibility for anti-palm oil article — MEOA

The Malaysian Estate Owners Association (MEOA) says the World Health Organisation (WHO) must take some responsibility for the publication of a "deeply flawed and biased" anti-palm oil article in the WHO Bulletin last month

MARKET DEVELOPMENT  
  19-02-2019

Palm oil firms bring no direct benefits for W Kalimantan: governor

The presence of palm oil companies in West Kalimantan has brought no significant benefits to the locals, instead, its operation has damaged roads in the region, West Kalimantan Governor Suratmidji said.

MARKET DEVELOPMENT  
  19-02-2019

India-Argentina relationship: Soybean oil link with the South American nation

Argentina happens to be the main exporter of Soybean oil to the world, hence its relationship with Indian consumers is important for both the economies

MARKET DEVELOPMENT  
  19-02-2019

Ringgit climbs on rising oil and trade progress

Ringgit approaches its strongest level in more than six months as Brent crude extends gains and traders applaud signs of progress in US-China trade talks

MARKET DEVELOPMENT  
  18-02-2019

Malaysian palm oil/Vegoils: Market factors to watch Monday Feb 18

The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday Feb 18.

MARKET DEVELOPMENT  
  18-02-2019

Malaysia keeps March crude palm oil export duty at 0 pct

Malaysia kept its export duty on crude palm oil for March at zero percent, according to a circular on the Malaysian Palm Oil Board’s website on Monday that cited the national customs department.

MARKET DEVELOPMENT  
  18-02-2019

UK-Japan trade talks sour after letter from Hunt and Fox

The UK’s latest attempt to persuade Japan to agree a quick post-Brexit trade deal has backfired after officials in Tokyo reacted with dismay at British tactics

MARKET DEVELOPMENT  
  18-02-2019

Thailand counting on Indian support for RCEP

Acting Commerce Minister Chutima Bunyapraphasara will discuss Indian support to conclude the Regional Comprehensive Economic Partnership this year. (Photo by Pattanapong Hirunard)

MARKET DEVELOPMENT  
  18-02-2019

Europe's food makers find green palm oil hard to stomach

Europe, the world’s second-biggest buyer of palm oil, is set to miss a 2020 target backed by about 10 countries, as well as big companies, to use 100-percent sustainable supplies of the edible oil in food ingredients, environmental experts warn

MARKET DEVELOPMENT  
  18-02-2019

Palm oil seen hitting RM2,400 per tonne

The price of palm oil is expected to increase gradually to reach RM2,400 per tonne this year, said Deputy Primary Industries Minister Datuk Seri Shamsul Iskandar Mohd Akin.