Archived News
19-11-2020
Thatta extraction plant starts palm oil’s local production: Wahab
A palm oil extraction plant being run by the Sindh’s Environment and Coastal Development departments has started production, ARY News reported on Wednesday.
19-11-2020
Colombia to reform fuel pricing, encourage imports
The reforms will shift wholesale motor fuel pricing from export parity to import parity to reflect the growing domestic market imbalance, particularly in gasoline. In line with other Latin American countries, gasoline and diesel prices would move within a band designed to mitigate market volatility through an existing government-run fuel subsidy fund.
19-11-2020
VEGOILS-Palm oil inches up on tight supply concerns; weak Nov demand weighs
The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange gained 16 ringgit, or 0.49%, to 3,295 ringgit ($803.17) a tonne during early trade.
19-11-2020
Nigeria spends over $500m on palm oil importation annually as NGO urge state government to invest on commodity to grow their economies
Abuja, Nov. 18, 2020 Solidaridad Nigeria, a an NGO on Wednesday in Abuja appealed to various state governments to leverage on potential in oil palm to grow their economies.
19-11-2020
Palm oil climbs 2pc
Malaysian palm oil futures jumped 2% on Wednesday, ending a three-day losing streak, underpinned by expectations of tight supplies in November hit by heavy rains and as traders switched to long positions.
19-11-2020
RCEP to pave the way for economic recovery
Malaysia is now officially part of the historic Regional Comprehensive Economic Partnership (RCEP) along with 14 other RCEP participating countries.
18-11-2020
MSPO certification the key
DEMAND for sustainable palm oil from major importing countries is likely to rise.
18-11-2020
Lessons from the Asia-Pacific FTA
A total of 15 countries (10 Asean nations plus five more) have got together and signed a landmark free trade agreement (FTA) in a decisive win for multilateralism, especially in this region, at a time when the world’s sole superpower is doing what it can to kill multinational deals in favour of aggressive bilateral arrangements
18-11-2020
APEC’s Post-2020 vision will get RCEP support as US wanes
Malaysia will virtually host the 2020 APEC Economic Leaders' Meeting on Friday. The meeting is expected to launch the region's Post-2020 Vision - the key policy document that is set to replace Bogor Goals, which reach maturity at the end of the year 2020.
18-11-2020
RCEP: signalling global trade
The Regional Comprehensive Economic Partnership (RCEP) Agreement has finally been signed, almost a decade after it was first conceived at The Association of Southeast Asian Nations (ASEAN) Summit in Bali in 2011.
18-11-2020
OILSEEDS PRICES
OILS (per 10 Kgs)- G.Nut Raw 1390.00
18-11-2020
Indonesia’s RCEP opportunities led by apparel, risks for autos
The signing of the Regional Comprehensive Economic Partnership (RCEP) trade deal by 15 countries creates the largest managed trade area in the world, following eight years of negotiations