Archived News
23-10-2018
Malaysian palm oil/Vegoils: Market factors to watch Tuesdat Oct 23
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Tuesday Oct 23.
23-10-2018
Malaysian palm oil price snaps earlier losses on US soyoil gains, weaker ringgit
KUALA LUMPUR: Malaysian palm oil futures edged up on Monday, snapping two previous sessions of declines, supported by gains in U.S. soyoil and a weaker ringgit, palm's trading currency.
23-10-2018
India's groundnut output seen down 29%, possible rise in palm oil imports
India's groundnut output from summer-sown crop is likely to fall 29.2 percent from a year ago to 3.74 million tonnes as scanty rainfall hit yields in the top producing western state of Gujarat, a leading trade body said on Monday.
23-10-2018
Palm oil may gain further to 2,262 ringgit
SINGAPORE (Oct 23): Palm oil may gain further to 2,262 ringgit per tonne, as it has found a support at 2,219 ringgit.
23-10-2018
CPO price higher on demand from China
PETALING JAYA: The price of crude palm oil (CPO) climbed for the first time in three days yesterday, boosted by stronger soybean oil prices and optimism about demand from China.
23-10-2018
Trump's tariffs could end up hurting China's economy 'very badly' over the next few months
China's economy could be facing a tough winter as economic growth slows and the effects of a trade war with the United States begin to take hold, data analyst Leland Miller told CNBC on Monday
23-10-2018
Global growth outlook dims amid concerns over trade war, tightening financial conditions
Bengaluru; THE outlook for global growth in 2019 has dimmed for the first time, according to Reuters polls of economists who said that the US-China trade war and tightening financial conditions would trigger the next downturn.
23-10-2018
3 palm oil proposals to target slump
The Commerce Ministry is proposing three measures to the cabinet over the next few weeks to tackle the domestic oil palm price slump.
23-10-2018
Chinese official tells American investors at a meeting: We don't fear a trade war with the US
In a meeting with U.S. business leaders, a leading member of a key Chinese committee gives a strong warning to the Trump administration.
23-10-2018
Japan and EU to work toward early ratification of FTA
Japan and the European Union agreed Monday to complete respective domestic procedures before the end of the year to ratify a free trade agreement by March as planned.
23-10-2018
Sawit Sumbermas targetkan sertifikasi RSPO dan ISPO sepenuhnya tahun 2020
JAKARTA. PT Sawit Sumbermas Sarana Tbk (SSMS) menargetkan akan mendapatkan sertifikasi Roundtable on Sustainable Palm Oil (RSPO) dan Indonesian Sustainable Palm Oil (ISPO) pada seluruh lahan di tahun 2020.
23-10-2018
Najib asks why big difference in trends with Indonesia in palm oil exports
Datuk Seri Najib Tun Razak has asked why there is a big difference with Indonesia in the exports of palm oil since the elections in May.