Archived News
18-10-2018
China Buys U.S. Beans
Every Thursday in the morning the USDA releases the Export Sales Report. It includes how many bushels or metric ton of corn, soybeans, wheat, soybean meal and oil were sold to foreign buyers. Every Monday morning the USDA releases the Export Inspections Report. That is how many bushels or metric ton of those ag commodities were actually loaded on a ship and left the United States. This report also includes the buyer and destination of the commodities.
17-10-2018
India's Sept palm oil imports ease, soyoil falls 4.4%
MUMBAI: India's palm oil imports dropped 1.4 percent to 918,675 tonnes in September from a year earlier as higher duties and a depreciating rupee made imports more expensive, a leading trade body said on Tuesday.
17-10-2018
Malaysian palm oil price eases gains after hitting 5-week top on weaker exports
KUALA LUMPUR: Malaysian palm oil futures ended the trading day higher on Tuesday evening, after earlier striking a 5-week high following overnight gains in soyoil on the Chicago Board of Trade.
17-10-2018
Crude edible oil imports rise as global price fall boosts refinery margins
Prices have fallen by 11-25% abroad over the past year, due to excess supply and also reduced demand from India, one of the largest players
17-10-2018
Is S&P Dow Jones greenwashing conflict palm oil? (commentary)
Last month, S&P Dow Jones Indices, one of the world’s leading financial market index providers, released its annual listing of sustainable companies. The Dow Jones Sustainability Indices (DJSI) considers its yearly process to be the “gold standard for corporate sustainability.†However, despite touting an increasingly robust methodology, the decision to retain palm oil company Golden Agri-Resources (GAR) on the 2018 Asia/Pacific Sustainability Index indicates there are gaping holes in the DJSI’s approach.
17-10-2018
Palm oil may retrace into 2,214-2,228 ringgit range before rising
SINGAPORE (Oct 17): Palm oil may retrace into a range of 2,214-2,228 ringgit per tonne, before retesting a strong resistance at 2,251 ringgit.
17-10-2018
Govt may revise export duty to boost CPO price competitiveness, says Kok
KUALA LUMPUR: Revising the crude palm oil (CPO) export duty is among the measures that may be taken to ensure the price competitiveness of Malaysian CPO, said Primary Industries Minister Teresa Kok.
16-10-2018
Malaysian palm oil/Vegoils: Market factors to watch Tuesday Oct 16
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets .on Tuesday Oct 16
16-10-2018
Malaysian palm oil price falls from one-week high on weaker exports
KUALA LUMPUR: Malaysian palm oil futures fell from a one-week high to close lower on Monday, as export data showing weaker shipments.
16-10-2018
Indonesia trade balance swings to positive
JAKARTA: Indonesia’s trade balance unexpectedly swung back to surplus in September as imports and exports grew much slower than expected, data released by the statistics bureau showed yesterday.
16-10-2018
Govt aims to cut Felda debts to RM6.8bil by year-end
KUALA LUMPUR: The government aims to reduce the Federal Land Development Authority’s (Felda) debts by 15 per cent to RM6.8 billion by the end of this year, said Minister of Economic Affairs, Datuk Seri Mohamed Azmin Ali.
16-10-2018
China additional palm oil import not a promise, minister cautions
KUALA LUMPUR (Oct 15): Minister of Primary Industries Teresa Kok cautioned should Malaysia palm oil prices remain less competitive than Indonesia, there is possibility China may not go ahead with the additional 500,000 tonnes of import for the commodity.