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MARKET DEVELOPMENT  
  16-10-2018

Palm hits one-week top on gains in related edible oils

KUALA LUMPUR (Oct 15): Malaysian palm oil futures jumped over 1% to a one-week high on Monday, supported by gains in related edible oils, strength in crude oil prices and on bearish production outlook.

MARKET DEVELOPMENT  
  16-10-2018

Trade Minister Aims to Finalize IE-CEPA Agreement with Switzerland

NUSA DUA, NNC - The Minister of Trade Enggartiasto Lukita stressed that Indonesia and Switzerland agreed to complete the Indonesia-European Free Trade Association Comprehensive Economic Partnership Agreement (EFTA-CEPA) or IE-CEPA before the end of 2018. EFTA consists of four European countries, such as Iceland, Liechtenstein, Norway and Switzerland.

MARKET DEVELOPMENT  
  15-10-2018

Pupils get creative with palm oil

A LONG table stood at the centre of SK Putrajaya Presint 9 (1)’s courtyard, lined with an array of savoury and sweet dishes from one end to the other.

MARKET DEVELOPMENT  
  15-10-2018

Stop issuing refining licences — Poram

KUALA LUMPUR: Concerned that the palm oil refineries are “springing up like mushrooms”, the Palm Oil Refiners Association of Malaysia (Poram) has called for an immediate freeze on the issuance of new licences.

MARKET DEVELOPMENT  
  15-10-2018

Indonesia promotes sustainable palm oil in Norway

Indonesian Ambassador to Oslo Todung Mulya Lubis and Managing Director of Sustainability & Strategic Golden Agri Agus Purnomo promoted sustainable palm oil while delivering keynote addresses during NHO conference held in Oslo, Norway on Wednesday (10/10).

MARKET DEVELOPMENT  
  15-10-2018

Indonesia asked to set up palm oil processing plants

ISLAMABAD: Pakistan imports palm oil for meeting its domestic needs while Indonesia is the world’s largest producer of palm oil. Indonesian investors should set up joint ventures in Pakistan for the production and processing of palm oil that will help in reducing the country’s import bill.

MARKET DEVELOPMENT  
  15-10-2018

Wilmar Africa encourages cultivation of oil palm to meet production needs

Wilmar Africa Limited, producer of Frytol has encouraged both state and individuals to go into large-scale cultivation of oil palm.

MARKET DEVELOPMENT  
  15-10-2018

Who's Trump listen to on trade? Chinese ambassador at a loss

WASHINGTON — China's ambassador to the United States says he and other foreign diplomats in Washington are having a difficult time figuring out which trade advisers President Donald Trump listens to in his administration.

MARKET DEVELOPMENT  
  15-10-2018

RI’s September trade in deficit: Economist

Indonesia’s trade deficit may continue continue in September with the balance of trade reaching US$1.5 billion, according to an economist from the Institute for the Development of Economics and Finance (Indef).

MARKET DEVELOPMENT  
  15-10-2018

US-China trade war not a threat to world economy’

Nusa Dua (Indonesia): US Treasury Secretary Steven Mnuchin (pic) pushed back against warnings that Washington’s trade fight with China imperils the world economy, saying that pushing Beijing to open up will be good for all.

MARKET DEVELOPMENT  
  15-10-2018

In Ukraine reduced the production of the main product for export

In Ukraine significantly decreased the production of most of the exported product. So, in the 2017-2018 edition of sunflower oil fell by 13.6%.

MARKET DEVELOPMENT  
  15-10-2018

Philippines, US to discuss free trade agreement in November

MANILA: The Philippines and the US have announced that they will start free trade negotiations in November in an effort to bolster bilateral economic ties.