Archived News
13-09-2018
US in early stages of proposing new trade talks with China in the near future
Sources familiar with the U.S.- China negotiations told CNBC that the United States is in the early stages of proposing a new round of trade talks with China in the near future.
13-09-2018
Corn tumbles after USDA boosts US production forecast
CHICAGO: Chicago corn futures fell 4 percent on Wednesday, heading for the biggest daily declines in over two years, after the US Department of Agriculture raised its forecast for US production more than analysts expected, traders said.
13-09-2018
New cooperation needed to enhance South Korea-Malaysia trade
SEOUL: Malaysia and South Korea have to delve into new areas of cooperation to enhance trade and bilateral ties, the Secretary General of the Asean-Korea Centre, Ambassador Lee Hyuk said.
13-09-2018
Malaysian palm price drops over 1% on bearish data, soyoil weakness
KUALA LUMPUR: Malaysian palm oil futures fell more than 1 percent in its fourth straight session of losses on Wednesday evening, tracking weakness in soyoil and bearish data for August released by the Malaysian Palm Oil Board (MPOB).
13-09-2018
USDA raises US corn, soybean harvest outlook
CHICAGO: The US Agriculture Department on Wednesday issued a surprise increase to its corn harvest forecast due to an outlook for record yields in key production areas such as Illinois, Iowa, Nebraska and Indiana.
13-09-2018
Egypt raises tariffs up to 60 percent for imported goods
CAIRO — Egypt's president has imposed an increase of tariffs on hundreds of imported products, the second time in less than three years.
13-09-2018
European vegoils-Palm oil eases on bearish MPOB stocks report
ROTTERDAM: Palm oil on the European vegetable oils market eased on Wednesday following bearish Malaysian Palm Oil Board (MPOB) data for August. Lower CBOT soyoil also weighed.
13-09-2018
Groundnut oil eases on muted demand
New Delhi, Sep 12 () Groundnut oil prices fell by Rs 100 per quintal at the wholesale oils and oilseeds market Wednesday owing to slackened demand.
13-09-2018
New Palm Oil Alliance ‘SUSTAIN’ Initiates Blockchain Solution to Drive Sustainable Practices Across the Supply Chain
SINGAPORE – Media OutReach – 12 September 2018 – A new grouping of oil palm growers, palm oil processors, consumer goods manufacturers, not-for-profit organizations and technology leaders recently gathered to initiate a blockchain solution that aims to improve traceability to production areas and accelerate the push towards NDPE (No Deforestation, No Peat, No Exploitation) compliance in the complex palm oil chain.
13-09-2018
Spend more on R&D for growth, SAM tells oil palm plantation companies
IPOH, Sept 12 — Sahabat Alam Malaysia (SAM) today urged oil palm plantation companies to invest in research and development (R&D) that will result in higher yields from limited land rather than further land expansion to increase production.
13-09-2018
USDA raises US corn, soy harvest view on record yields
CHICAGO: The US Agriculture Department on Wednesday issued a surprise increase to its corn harvest forecast due to expectations of record yields in key production areas such as Illinois, Iowa, Nebraska and Indiana.
13-09-2018
Palm oil giant’s claim it can’t control Liberian subsidiary a ‘red herring,’ NGO says
One of Indonesia’s biggest family-owned firms is facing fresh criticism over its alleged failure to comply with its sustainability commitments as part of its palm oil operations in Liberia.